What a buyer sees
TARWAYS ASPHALTE CO. LIMITED
Construction of roads and motorways · Liverpool · 01136219
41staff · FY2023
53years trading
—oldest owner on file
£1.6Mcash 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
Staff41
202155 → 412023
Cash at bank£1.6M
2021£931k → £1.6M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£543,617in the top quarter
£78,397£260,705£733,840
Debtor daysdays56in the middle half
134299
Creditor daysdays35
123476
Stock daysdaysnot on your filings
622228
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.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- 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 2
- 53 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 543,617 against 260,705 for the middle of 77 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 1999
- 63since 1999
- 57since 2004
- 49since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £22M | 41 | £1.6M |
| 2022-12-31 | £25M | 45 | £466k |
| 2021-12-31 | £19M | 55 | £931k |
A rough bracket, and why it is only that
0.4–0.9× sales£8.9M£20M
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.