What a buyer sees
CLASSIC MOTORS CORNWALL LTD
Sale of used cars and light motor vehicles · Camborne · 13331539
0staff · FY2023
5years trading
64oldest owner on file
£6kcash at bank
Your turnover is on public record
filed£24kfor 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
Staff0
20220 → 02023
Cash at bank£6k
2022£2k → £6k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£20,851£143,100£1,531,640
Debtor daysdays1576above almost all
72180
Creditor daysdays11
71393
Stock daysdays620above almost all
2165265
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 5
- The newest accounts on file are 40 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
- Debtor days run high for your tradeYours is 1,576 against 21 for the middle of 55 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- Stock days run high for your tradeYours is 620 against 65 for the middle of 99 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- 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 0
Nothing stands out yet from the filings alone.
What the register says
Owners
- 64since 2021
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-04-30 | £24k | 0 | £6k |
| 2022-04-30 | £20k | 0 | £2k |
A rough bracket, and why it is only that
0.4–0.9× sales£10k£20k
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.