What a buyer sees
GEORGE BENCE & SONS LIMITED
Agents involved in the sale of timber and building materials · Cheltenham · 00062473
98staff · FY2023
127years trading
76oldest owner on file
£1.1Mcash at bank
Your turnover is on public record
filed£20Mfor 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
Staff98
202191 → 982023
Cash at bank£1.1M
2021£2.9M → £1.1M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£201,981in the bottom quarter
£184,522£241,086£446,919
Debtor daysdays51in the middle half
264573
Creditor daysdays53
193556
Stock daysdays29in the bottom quarter
254290
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
- 127 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 29 against 42 for the middle of 42 comparable companies.
What the register says
Owners
- 76since 2016
Directors
- 47since 2011
- since 2017
- 41since 2017
- 50since 2017
- 76
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £20M | 98 | £1.1M |
| 2022-12-31 | £21M | 100 | £1.6M |
| 2021-12-31 | £19M | 91 | £2.9M |
A rough bracket, and why it is only that
0.35–0.55× sales£6.9M£11M
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.