What a buyer sees
CHALLENGE-TRG RECRUITMENT LIMITED
Temporary employment agency activities · Manchester · 03974669
4,290staff · FY2023
26years trading
—oldest owner on file
£838kcash at bank
Your turnover is on public record
filed£231Mfor 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
Staff4,290
20222,757 → 4,2902023
Cash at bank£838k
2022£1.5M → £838k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£53,783in the middle half
£19,631£29,068£107,893
Debtor daysdays88above almost all
245372
Creditor daysdays1
81745
Stock daysdaysnot on your filings
4933
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 41 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Debtor days run high for your tradeYours is 88 against 53 for the middle of 31 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- 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
- 26 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 2757 to 4290Growth a buyer can verify without asking you for anything.
What the register says
Owners
Nobody recorded with significant control.
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-03-31 | £231M | 4290 | £838k |
| 2022-03-31 | £90M | 2757 | £1.5M |
A rough bracket, and why it is only that
0.15–0.3× sales£35M£69M
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.