What a buyer sees
THOR ATKINSON STEEL FABRICATIONS LTD
Other engineering activities · Ulverston · 05800388
121staff · FY2023
20years trading
51oldest owner on file
—cash at bank
Your turnover is on public record
filed£16Mfor 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.
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£131,664in the middle half
£83,551£148,733£303,689
Debtor daysdays17below almost all
206799
Creditor daysdays29
122470
Stock daysdays12in the middle half
63197
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 39 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
- 20 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 17 against 67 for the middle of 49 comparable companies.
What the register says
Owners
- 49since 2017
- 51since 2018
Directors
- 49since 2006
- 51since 2018
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-05-31 | £16M | 121 | — |
A rough bracket, and why it is only that
0.6–1.5× sales£9.6M£24M
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.