What a buyer sees
FRANK TRUMAN LIMITED
Other credit granting n.e.c. · Harrow · 00987006
138staff · FY2023
56years trading
86oldest owner on file
£227kcash 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
Staff138
2021105 → 1382023
Cash at bank£227k
2021£4.0M → £227k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£82,694in the bottom quarter
£58,281£126,361£389,887
Debtor daysdays14in the bottom quarter
1142221
Creditor daysdays37
835271
Stock daysdays2below almost all
637132
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.
- 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
- 56 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 105 to 138Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 14 against 42 for the middle of 72 comparable companies.
- Stock days better than three quarters of your tradeYours is 2 against 37 for the middle of 50 comparable companies.
What the register says
Owners
- 62since 2020
- 63since 2020
- 60since 2020
- 86since 2016
Directors
- 86since 2006
- 72since 2006
- 66since 2016
- 63since 2020
- 62since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £11M | 138 | £227k |
| 2021-12-31 | £8.5M | 105 | £4.0M |
A rough bracket, and why it is only that
1.5–4× sales£17M£46M
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.