What a buyer sees
LECHLER COATINGS LIMITED
Non-specialised wholesale trade · Middlewich · 03125348
27staff · FY2023
31years trading
68oldest owner on file
£464kcash 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
Staff27
202125 → 272023
Cash at bank£464k
2021£700k → £464k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£425,289in the middle half
£165,955£424,674£1,097,429
Debtor daysdays72in the middle half
225791
Creditor daysdays2
92661
Stock daysdays55in the middle half
2262151
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 2
- 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.
- 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
- 31 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 68since 2024
Directors
- 68since 2007
- 57since 2013
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £11M | 27 | £464k |
| 2022-12-31 | £12M | 25 | £619k |
| 2021-12-31 | not filed | 25 | £700k |
A rough bracket, and why it is only that
0.35–0.55× sales£4.0M£6.3M
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.