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What a buyer sees

TYRONE CRAFTED GLASS CIC

Manufacture and processing of other glass, including technical glassware · Cookstown · NI676498

0staff · FY2023
5years trading
49oldest owner on file
£1kcash at bank

Your turnover is on public record

filed
£16kfor 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

Staff0
2022002023
Cash at bank£1k
2022£3k£1k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£19,570£79,800£652,860
Debtor daysdays12below almost all
12
1552127
Creditor daysdaysnot on your filings
1033119
Stock daysdays7below almost all
7
944216

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 2

  • The newest accounts on file are 42 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • 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 12 against 52 for the middle of 557 comparable companies.
  • Stock days better than three quarters of your tradeYours is 7 against 44 for the middle of 533 comparable companies.

What the register says

Owners

  • 49since 2021

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-02-28£16k0£1k
2022-02-28£38k0£3k

A rough bracket, and why it is only that

0.40.9× sales
£10k
£10k

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.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Tell us the rest

Your turnover is on file, but the things that set a price are not: margin, customer concentration, who would run it next. Tell us where you are and we will read it properly.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.