What a buyer sees
HERTFORDSHIRE BRICK LIMITED
Wholesale of wood, construction materials and sanitary equipment · London · 04909855
2staff · FY2023
23years trading
57oldest owner on file
£70kcash at bank
Your turnover is on public record
filed£1.7Mfor 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
Staff2
20212 → 22023
Cash at bank£70k
2021£109k → £70k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£833,900in the top quarter
£183,318£399,877£1,103,511
Debtor daysdays73in the top quarter
235379
Creditor daysdays51
93667
Stock daysdaysnot on your filings
2244112
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 35 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 73 against 53 for the middle of 76 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
- 23 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 833,900 against 399,877 for the middle of 82 comparable companies.
What the register says
Owners
- 57since 2016
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-09-30 | £1.7M | 2 | £70k |
| 2022-09-30 | not filed | 2 | £229k |
| 2021-09-30 | not filed | 2 | £109k |
A rough bracket, and why it is only that
0.35–0.55× sales£580k£920k
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.