What a buyer sees
THE CHUCKLING CHEESE COMPANY LIMITED
Wholesale of dairy products, eggs and edible oils and fats · Skegness · 09442023
62staff · FY2024
11years trading
41oldest owner on file
£351kcash at bank
Your turnover is on public record
filed£5.8Mfor 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
Staff62
202256 → 622024
Cash at bank£351k
2022£199k → £351k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£92,763below almost all
£98,596£257,484£692,330
Debtor daysdays27in the middle half
123977
Creditor daysdays22
133163
Stock daysdays86in the top quarter
1248117
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.
- Stock days run high for your tradeYours is 86 against 48 for the middle of 1,442 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 1
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 33since 2018
- 41since 2016
Directors
- 33since 2015
- 41since 2015
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-02-28 | £5.8M | 62 | £351k |
| 2023-02-28 | not filed | 58 | £384k |
| 2022-02-28 | not filed | 56 | £199k |
A rough bracket, and why it is only that
0.35–0.55× sales£2.0M£3.2M
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.