What a buyer sees
DAVID JENKINS LIMITED
Manufacture of bread; manufacture of fresh pastry goods and cakes · Trostre Business Park Llanelli · 00401414
242staff · FY2023
81years trading
65oldest owner on file
£4.4Mcash at bank
Your turnover is on public record
filed£14Mfor 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
Staff242
2021242 → 2422023
Cash at bank£4.4M
2021£3.7M → £4.4M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£59,428in the middle half
£42,178£76,351£155,157
Debtor daysdays0below almost all
84266
Creditor daysdays13
132443
Stock daysdays7in the bottom quarter
71939
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 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
- 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 3
- 81 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 0 against 42 for the middle of 41 comparable companies.
- Stock days better than three quarters of your tradeYours is 7 against 19 for the middle of 32 comparable companies.
What the register says
Owners
- 65since 2016
Directors
- 65since 2026
- 65
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £14M | 242 | £4.4M |
| 2022-12-31 | £13M | 242 | £4.7M |
| 2021-12-31 | £11M | 242 | £3.7M |
A rough bracket, and why it is only that
0.4–0.9× sales£5.8M£13M
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.