What a buyer sees
TATE BUSINESS GROUP LTD
Wholesale of other intermediate products · Leighton Buzzard · 02215481
38staff · FY2023
38years trading
—oldest owner on file
£777kcash at bank
Your turnover is on public record
filed£14Mfor 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
Staff38
202162 → 382023
Cash at bank£777k
2021£1.6M → £777k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£373,332in the middle half
£203,282£375,200£883,733
Debtor daysdays51in the middle half
416087
Creditor daysdays34
92068
Stock daysdays9below almost all
1763131
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 37 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 52 to 38A 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 2
- 38 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 9 against 63 for the middle of 49 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 62since 1995
- 61since 2003
- 50since 2015
- 43since 2026
- 50since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-07-31 | £14M | 38 | £777k |
| 2022-07-31 | £15M | 52 | £1.5M |
| 2021-07-31 | £13M | 62 | £1.6M |
A rough bracket, and why it is only that
0.35–0.55× sales£5.0M£7.8M
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.