← Look up another company

What a buyer sees

BABYNOV CHICHESTER LIMITED

Manufacture of other food products n.e.c. · Chichester · 11997133

75staff · FY2023
7years trading
64oldest owner on file
£308kcash at bank

Your turnover is on public record

filed
£17Mfor 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

Staff75
202155 → 752023
Cash at bank£308k
2021£9k → £308k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£229,613in the middle half
£229,613
£95,089£228,153£441,871
Debtor daysdays36in the bottom quarter
36
355672
Creditor daysdays26
26
193359
Stock daysdays39in the middle half
39
183978

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 1

  • Debtor days better than three quarters of your tradeYours is 36 against 56 for the middle of 51 comparable companies.

What the register says

Owners

  • 64since 2019

Directors

  • 64since 2019
  • since 2019
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£17M75£308k
2022-12-31£17M80£1.1M
2021-12-31not filed55£9k

A rough bracket, and why it is only that

0.4–0.9× sales
£6.9M
£16M

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.