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What a buyer sees

DM MILLER LIMITED

Wholesale of furniture, carpets and lighting equipment · Manchester · 03703479

18staff · FY2024
27years trading
59oldest owner on file
£94kcash at bank

Nobody can see what you turn over

6.6× spread
£2.0M
£13M

You file abbreviated accounts, as almost every company your size does, so the profit and loss account is not on public record. That band is what your balance sheet implies to anyone who looks: 3 figures against 1,452 companies in the same sector and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff18
202217182024
Cash at bank£94k
2022£27k£94k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£87,459£464,006£1,513,474
Debtor daysdaysnot on your filings
154790
Creditor daysdaysnot on your filings
102974
Stock daysdaysnot on your filings
1150141

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

  • Your turnover is not on fileYou file abbreviated accounts, as most companies your size do, so a buyer cannot see what the business turns over and has to estimate it. Working only from what you filed, the range lands between £2.0M and £13M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 31 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 1

  • 27 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 57since 2021
  • 59since 2016

Directors

  • 59since 1999
  • 57since 2025
Accounts on public record
Year toTurnoverStaffCash
2024-01-31not filed18£94k
2023-01-31not filed19£88k
2022-01-31not filed17£27k

A rough bracket, and why it is only that

0.350.55× sales
£690k
£7.2M

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.

Close the gap

The range above exists because your turnover is not on public record. Tell us what it actually is and we will place you exactly against your trade, and send it back.

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.