What a buyer sees
THEOS FOOD CO. LIMITED
Manufacture of prepared meals and dishes · Aldridge · 04552101
25staff · FY2023
24years trading
69oldest owner on file
£29kcash at bank
Your turnover is on public record
filed£21Mfor 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
Staff25
202118 → 252023
Cash at bank£29k
2021£4k → £29k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£848,704in the top quarter
£75,818£268,200£906,093
Debtor daysdays27in the bottom quarter
225592
Creditor daysdays28
113064
Stock daysdays38in the middle half
1049126
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 35 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 4
- 24 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 18 to 25Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 848,704 against 268,200 for the middle of 1,029 comparable companies.
- Debtor days better than three quarters of your tradeYours is 27 against 55 for the middle of 905 comparable companies.
What the register says
Owners
- 69since 2016
- 67since 2016
Directors
- 69since 2002
- since 2007
- 44since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-09-30 | £21M | 25 | £29k |
| 2021-09-30 | £16M | 18 | £4k |
A rough bracket, and why it is only that
0.4–0.9× sales£8.5M£19M
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.