What a buyer sees
CENTRELINE AV LIMITED
Non-scheduled passenger air transport · Bristol · 02333041
76staff · FY2023
37years trading
—oldest owner on file
£349kcash at bank
Your turnover is on public record
filed£28Mfor 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
Staff76
202161 → 762023
Cash at bank£349k
2021£1.3M → £349k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£372,434in the top quarter
£79,910£143,513£387,774
Debtor daysdays35in the bottom quarter
235378
Creditor daysdays25
122648
Stock daysdays3below almost all
41036
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 35 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 4
- 37 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 372,434 against 143,513 for the middle of 484 comparable companies.
- Debtor days better than three quarters of your tradeYours is 35 against 53 for the middle of 459 comparable companies.
- Stock days better than three quarters of your tradeYours is 2 against 10 for the middle of 80 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 2019
- 63since 2020
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-09-30 | £28M | 76 | £349k |
| 2022-09-30 | £26M | 74 | £1.4M |
| 2021-09-30 | £14M | 61 | £1.3M |
A rough bracket, and why it is only that
0.4–0.9× sales£11M£25M
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.