What a buyer sees
PREMIER CLOTHING LIMITED
Wholesale of clothing and footwear · Deeside · 03655237
35staff · FY2023
28years trading
—oldest owner on file
£448kcash at bank
Your turnover is on public record
filed£22Mfor 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
Staff35
202123 → 352023
Cash at bank£448k
2021£2.3M → £448k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£639,217in the middle half
£91,097£489,234£1,487,511
Debtor daysdays16below almost all
2051105
Creditor daysdays27
163782
Stock daysdays413above almost all
1473151
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.
- Stock days run high for your tradeYours is 413 against 73 for the middle of 46 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 3
- 28 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 29 to 35Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 16 against 51 for the middle of 47 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 62since 1998
- since 1998
- 62since 1998
- 54since 2005
- 64since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £22M | 35 | £448k |
| 2022-12-31 | £20M | 29 | £638k |
| 2021-12-31 | £20M | 23 | £2.3M |
A rough bracket, and why it is only that
0.35–0.55× sales£7.8M£12M
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.