What a buyer sees
SMIT ASSOCIATES LIMITED
Development of building projects · St Austell · 06041606
74staff · FY2022
19years trading
—oldest owner on file
£1.8Mcash at bank
Your turnover is on public record
filed£8.3Mfor the year to 2022
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£111,584in the bottom quarter
£53,762£294,953£781,785
Debtor daysdays1below almost all
114078
Creditor daysdays11
163467
Stock daysdays8in the bottom quarter
723293
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 54 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- 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 1 against 40 for the middle of 82 comparable companies.
- Stock days better than three quarters of your tradeYours is 8 against 23 for the middle of 52 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 72since 2007
- 46since 2021
- 50since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2022-02-28 | £8.3M | 74 | £1.8M |
A rough bracket, and why it is only that
0.2–0.45× sales£1.6M£3.7M
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.