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What a buyer sees

BUTCHER AND BARLOW LLP

Bury · OC343502

133staff · FY2024
17years trading
56oldest owner on file
£1.7Mcash at bank

Your turnover is on public record

filed
£9.9Mfor the year to 2024

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

Staff133
2022118 → 1332024
Cash at bank£1.7M
2022£1.1M → £1.7M2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£74,344in the middle half
£74,344
£19,100£114,401£651,101
Debtor daysdays53in the middle half
53
1245110
Creditor daysdays14
14
102888
Stock daysdays3below almost all
3
738149

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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Headcount fell from 170 to 133A 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 1

  • Stock days better than three quarters of your tradeYours is 3 against 38 for the middle of 14,704 comparable companies.

What the register says

Owners

  • 54since 2022
  • 56since 2016
  • 50since 2016
  • 44since 2016

Directors

  • 56since 2009
  • 50since 2009
  • 54since 2010
  • 66since 2010
  • 44since 2010
  • 48since 2010
  • 47since 2010
  • 50since 2010
  • 72since 2012
  • 52since 2013
  • 56since 2013
  • 71since 2014
  • 42since 2014
  • 41since 2016
  • 43since 2016
  • 49since 2017
  • 39since 2018
  • 40since 2018
  • 37since 2018
  • 40since 2018
  • 49since 2019
  • 39since 2019
  • 52since 2021
  • 40since 2021
  • 54since 2022
  • 55since 2023
  • 38since 2024
  • 56since 2024
  • 40since 2025
  • 48since 2025
  • 42since 2026
  • 33since 2026
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£9.9M133£1.7M
2023-04-30not filed170£1.8M
2022-04-30not filed118£1.1M

A rough bracket, and why it is only that

0.4–0.9× sales
£4.0M
£8.9M

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.