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What a buyer sees

NORFOLK FREE RANGE LIMITED

Raising of swine/pigs · Downham Market · 05000340

120staff · FY2023
23years trading
oldest owner on file
£212kcash at bank

Your turnover is on public record

filed
£35Mfor 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

Staff120
20221481202023
Cash at bank£212k
2022£-1,051k£212k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£293,608in the top quarter
£293,608
£67,121£151,072£330,129
Debtor daysdays1below almost all
1
133559
Creditor daysdays4
4
132962
Stock daysdays3below almost all
3
942145

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 37 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Headcount fell from 148 to 120A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • 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

  • 23 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 293,608 against 151,072 for the middle of 127 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 1 against 35 for the middle of 113 comparable companies.
  • Stock days better than three quarters of your tradeYours is 2 against 42 for the middle of 113 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 66since 2003
  • 57since 2005
  • 29since 2025
Accounts on public record
Year toTurnoverStaffCash
2023-07-29£35M120£212k
2022-01-31£30M148£-1,051k

A rough bracket, and why it is only that

0.40.9× sales
£14M
£32M

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.