What a buyer sees
ANDREW PAUL FURNITURE LTD
Manufacture of other furniture · Norwich · 07129804
190staff · FY2023
16years trading
—oldest owner on file
£492kcash at bank
Your turnover is on public record
filed£14Mfor 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
Staff190
2022178 → 1902023
Cash at bank£492k
2022£689k → £492k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£74,960below almost all
£92,426£123,071£219,747
Debtor daysdays19below almost all
204873
Creditor daysdays32
142849
Stock daysdays18in the middle half
93773
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 41 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 2
- Debtor days better than three quarters of your tradeYours is 19 against 48 for the middle of 45 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
Nobody recorded with significant control.
Directors
- 67since 2010
- 70since 2010
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-04-30 | £14M | 190 | £492k |
| 2022-04-30 | not filed | 178 | £689k |
A rough bracket, and why it is only that
0.4–0.9× sales£5.7M£13M
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.