What a buyer sees
RUSSELL WORTH LIMITED
Solicitors · Plympton · 07302901
43staff · FY2023
16years trading
58oldest owner on file
£887kcash at bank
Your turnover is on public record
filed£4.2Mfor 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
Staff43
202166 → 432023
Cash at bank£887k
2021£2.0M → £887k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£98,600in the middle half
£39,146£69,190£161,261
Debtor daysdays258above almost all
1753186
Creditor daysdays43
819123
Stock daysdays78in the top quarter
734122
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 6
- The newest accounts on file are 35 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.
- Headcount fell from 66 to 43A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Debtor days run high for your tradeYours is 258 against 53 for the middle of 66 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- Stock days run high for your tradeYours is 78 against 34 for the middle of 119 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- 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 0
Nothing stands out yet from the filings alone.
What the register says
Owners
- 58since 2019
Directors
- 58since 2019
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-09-30 | £4.2M | 43 | £887k |
| 2021-09-30 | £5.9M | 66 | £2.0M |
A rough bracket, and why it is only that
0.8–1.8× sales£3.4M£7.6M
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.