What a buyer sees
KUHMICHEL ABRASIV LIMITED
Wholesale of other intermediate products · Stafford · 06179029
20staff · FY2023
19years trading
—oldest owner on file
£627kcash 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
Staff20
202121 → 202023
Cash at bank£627k
2021£431k → £627k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£691,630in the top quarter
£203,282£375,200£883,733
Debtor daysdays45in the bottom quarter
416087
Creditor daysdays27
92068
Stock daysdays113in the top quarter
1763131
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 4
- The newest accounts on file are 32 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.
- Stock days run high for your tradeYours is 113 against 63 for the middle of 49 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
- Sales per employee better than three quarters of your tradeYours is 691,630 against 375,200 for the middle of 55 comparable companies.
- Debtor days better than three quarters of your tradeYours is 45 against 60 for the middle of 53 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 2019
- 42since 2019
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £14M | 20 | £627k |
| 2022-12-31 | £14M | 21 | £783k |
| 2021-12-31 | £11M | 21 | £431k |
A rough bracket, and why it is only that
0.35–0.55× sales£4.8M£7.6M
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.