What a buyer sees
H.G.TIMBER LIMITED
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials · Gateshead · 00397092
47staff · FY2023
81years trading
—oldest owner on file
£4.2Mcash at bank
Your turnover is on public record
filed£19Mfor 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
Staff47
202150 → 472023
Cash at bank£4.2M
2021£889k → £4.2M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£401,692in the middle half
£75,818£268,200£906,093
Debtor daysdays53in the middle half
225592
Creditor daysdays25
113064
Stock daysdays18in the bottom quarter
1049126
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 36 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
- 81 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Stock days better than three quarters of your tradeYours is 18 against 48 for the middle of 890 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 2024
- 58since 2024
- 50since 2025
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-08-31 | £19M | 47 | £4.2M |
| 2022-08-31 | £23M | 48 | £3.9M |
| 2021-08-31 | not filed | 50 | £889k |
A rough bracket, and why it is only that
0.4–0.9× sales£7.5M£17M
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.