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What a buyer sees

THANET GROWERS SIX LIMITED

Growing of vegetables and melons, roots and tubers · Birchington · 06375830

2staff · FY2023
19years trading
—oldest owner on file
£661kcash at bank

Your turnover is on public record

filed
£2.6Mfor 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

Staff2
20212 → 22023
Cash at bank£661k
2021£394k → £661k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£1,295,100above almost all
£1,295,100
£26,317£143,602£453,023
Debtor daysdaysnot on your filings
123162
Creditor daysdays26
26
163375
Stock daysdays19in the middle half
19
92483

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 2

  • The newest accounts on file are 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • 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 1

  • Sales per employee better than three quarters of your tradeYours is 1,295,100 against 143,602 for the middle of 44 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-12-31£2.6M2£661k
2021-12-31£2.7M2£394k

A rough bracket, and why it is only that

0.4–0.9× sales
£1.0M
£2.3M

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.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Tell us the rest

Your turnover is on file, but the things that set a price are not: margin, customer concentration, who would run it next. Tell us where you are and we will read it properly.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.