What a buyer sees
SOUTHERN TYRE CO LIMITED
Wholesale trade of motor vehicle parts and accessories · Lower Dicker Hailsham · 00615334
333staff · FY2024
68years trading
—oldest owner on file
£2.0Mcash at bank
Your turnover is on public record
filed£62Mfor 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
Staff333
2022272 → 3332024
Cash at bank£2.0M
2022£3.1M → £2.0M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£185,279in the middle half
£98,776£201,915£694,742
Debtor daysdays28in the bottom quarter
205188
Creditor daysdays31
133873
Stock daysdays44in the bottom quarter
2474166
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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- 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
- 68 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 289 to 333Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 28 against 51 for the middle of 92 comparable companies.
- Stock days better than three quarters of your tradeYours is 44 against 74 for the middle of 97 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 32since 2019
- 31since 2023
- 31since 2023
- 31since 2023
- 61
- 64
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £62M | 333 | £2.0M |
| 2023-03-31 | not filed | 289 | £3.6M |
| 2022-03-31 | £48M | 272 | £3.1M |
A rough bracket, and why it is only that
0.4–0.9× sales£25M£56M
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.