What a buyer sees
SNOWDONIA CHEESE COMPANY LTD
Butter and cheese production · Rhyl · 04171512
63staff · FY2023
25years trading
62oldest owner on file
£780kcash at bank
Your turnover is on public record
filed£20Mfor 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
Staff63
202160 → 632023
Cash at bank£780k
2021£422k → £780k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£310,333in the top quarter
£88,871£162,513£362,127
Debtor daysdays74in the top quarter
265687
Creditor daysdays86
143363
Stock daysdays39in the middle half
1245115
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 32 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 74 against 56 for the middle of 2,030 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
- 25 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 310,333 against 162,513 for the middle of 2,152 comparable companies.
What the register says
Owners
- 57since 2019
- 62since 2017
Directors
- 62since 2001
- 74since 2011
- 57since 2019
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £20M | 63 | £780k |
| 2022-12-31 | £17M | 62 | £413k |
| 2021-12-31 | £17M | 60 | £422k |
A rough bracket, and why it is only that
0.4–0.9× sales£7.8M£18M
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.