What a buyer sees
TCS WHOLESALE LTD
Non-specialised wholesale trade · Bolton · 08248873
29staff · FY2023
14years trading
—oldest owner on file
£226kcash at bank
Your turnover is on public record
filed£22Mfor the year to 2023
Unusual at this size, and it works in your favour: a buyer is reading your number rather than guessing at one.
What your filings show moving
Staff29
201910 → 292023
Cash at bank£226k
2019£215k → £226k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£767,010in the top quarter
£165,955£424,674£1,097,429
Debtor daysdays2below almost all
225791
Creditor daysdays1
92661
Stock daysdays5below almost all
2262151
Each spread is companies in the same trade and size that did publish a turnover. Creditor days are shown but not marked: neither end of that one is plainly good.
What a buyer would ask 3
- The newest accounts on file are 34 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- No website on file against the companyThe first thing anyone does with a company number is look for the business behind it. Finding nothing is its own answer.
What a buyer would like 4
- Headcount grew from 21 to 29Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 767,010 against 424,674 for the middle of 224 comparable companies.
- Debtor days better than three quarters of your tradeYours is 2 against 57 for the middle of 200 comparable companies.
- Stock days better than three quarters of your tradeYours is 5 against 62 for the middle of 208 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 38since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-10-31 | £22M | 29 | £226k |
| 2022-10-31 | £20M | 21 | £266k |
| 2021-10-31 | £18M | 28 | £257k |
| 2020-10-31 | £9.6M | 18 | £265k |
| 2019-10-31 | £6.8M | 10 | £215k |
A rough bracket, and why it is only that
0.35–0.55× sales£7.8M£12M
The turnover range is fitted on UK companies that did file one. The multiple is a published sector average from Dutch mid-market deals, not from your own numbers and not from your own market. Treat this as the opening bracket of a conversation, not a valuation.