What a buyer sees
S AND M TYRES LIMITED
Raising of other animals · Horsham · 01207887
315staff · FY2024
51years trading
65oldest owner on file
£7kcash at bank
Your turnover is on public record
filed£74Mfor the year to 2024
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
Staff315
2022246 → 3152024
Cash at bank£7k
2022£6k → £7k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£234,927in the middle half
£25,444£158,440£780,744
Debtor daysdays20in the bottom quarter
123486
Creditor daysdays41
113090
Stock daysdays26in the middle half
948204
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 31 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
- 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 3
- 51 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 20 against 34 for the middle of 338 comparable companies.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 65since 2016
Directors
- 65since 1997
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-01-31 | £74M | 315 | £7k |
| 2023-01-31 | £71M | 288 | £546k |
| 2022-01-31 | £57M | 246 | £6k |
A rough bracket, and why it is only that
0.4–0.9× sales£30M£67M
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.