What a buyer sees
EURO COMMERCIALS LIMITED
Sale of new cars and light motor vehicles · Cardiff · 01459115
172staff · FY2023
47years trading
—oldest owner on file
£2.3Mcash at bank
Your turnover is on public record
filed£74Mfor 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
Staff172
2021158 → 1722023
Cash at bank£2.3M
2021£2k → £2.3M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£429,733in the middle half
£285,975£529,574£997,448
Debtor daysdays19in the top quarter
71122
Creditor daysdays48
133263
Stock daysdays134above almost all
274874
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.
- Debtor days run high for your tradeYours is 18 against 11 for the middle of 63 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- Stock days run high for your tradeYours is 134 against 48 for the middle of 120 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 1
- 47 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 1993
- 57since 2008
- 48since 2015
- 60since 2018
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £74M | 172 | £2.3M |
| 2021-12-31 | £53M | 158 | £2k |
A rough bracket, and why it is only that
0.4–0.9× sales£30M£67M
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.