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What a buyer sees

CROWN INTERIORS LIMITED

Other business support service activities n.e.c. · Reading · 04613312

10staff · FY2023
24years trading
oldest owner on file
£2.4Mcash at bank

Your turnover is on public record

filed
£5.8Mfor 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

Staff10
202110102023
Cash at bank£2.4M
2021£1.7M£2.4M2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£582,720in the top quarter
£582,720
£41,286£229,589£1,187,347
Debtor daysdays18in the bottom quarter
18
1451109
Creditor daysdays17
17
92679
Stock daysdaysnot on your filings
744146

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 5

  • 24 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 9 to 10Growth a buyer can verify without asking you for anything.
  • Sales per employee better than three quarters of your tradeYours is 582,720 against 229,589 for the middle of 374 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 18 against 51 for the middle of 254 comparable companies.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • since 2002
  • 74since 2007
Accounts on public record
Year toTurnoverStaffCash
2023-09-30£5.8M10£2.4M
2022-09-30not filed9£2.5M
2021-09-30not filed10£1.7M

A rough bracket, and why it is only that

0.40.9× sales
£2.3M
£5.2M

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.