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What a buyer sees

MY FISH COMPANY LIMITED

Wholesale of other food, including fish, crustaceans and molluscs · Fleetwood · 09533965

56staff · FY2023
11years trading
55oldest owner on file
£368kcash at bank

Your turnover is on public record

filed
£11Mfor 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

Staff56
202151 → 562023
Cash at bank£368k
2021£698k → £368k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£190,671in the bottom quarter
£190,671
£150,331£401,586£2,327,261
Debtor daysdays36in the middle half
36
204076
Creditor daysdays32
32
162649
Stock daysdays13in the bottom quarter
13
84081

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.
  • Headcount fell from 73 to 56A 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 13 against 40 for the middle of 38 comparable companies.

What the register says

Owners

  • 55since 2016

Directors

  • 55since 2015
  • 44since 2025
  • 26since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£11M56£368k
2022-12-31not filed73£124k
2021-12-31not filed51£698k

A rough bracket, and why it is only that

0.35–0.55× sales
£3.7M
£5.9M

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.