What a buyer sees
PETER SMYTHE TRANSPORT TRAINING LIMITED
Driving school activities · Sutton-In-Ashfield · 03655495
25staff · FY2023
28years trading
40oldest owner on file
£8kcash at bank
Your turnover is on public record
filed£2.0Mfor 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
Staff25
202112 → 252023
Cash at bank£8k
2021£63k → £8k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£78,904in the top quarter
£10,563£25,919£103,144
Debtor daysdays37in the middle half
123696
Creditor daysdays13
71688
Stock daysdays3below almost all
419161
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 33 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- 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 4
- 28 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 18 to 25Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 78,904 against 25,919 for the middle of 241 comparable companies.
- Stock days better than three quarters of your tradeYours is 3 against 19 for the middle of 82 comparable companies.
What the register says
Owners
- 40since 2024
Directors
- 40since 2020
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-11-30 | £2.0M | 25 | £8k |
| 2022-11-30 | £1.5M | 18 | £26k |
| 2021-11-30 | not filed | 12 | £63k |
A rough bracket, and why it is only that
0.4–0.9× sales£790k£1.8M
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.