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What a buyer sees

S.S.B. & CO. LIMITED

Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials · Shropshire · 04980491

11staff · FY2024
23years trading
69oldest owner on file
£37kcash at bank

Nobody can see what you turn over

3.7× spread
£306k
£1.1M

You file abbreviated accounts, as almost every company your size does, so the profit and loss account is not on public record. That band is what your balance sheet implies to anyone who looks: 4 figures against 905 companies in the same sector and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff11
202211112024
Cash at bank£37k
2022£218k£37k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£75,818£268,200£906,093
Debtor daysdaysnot on your filings
225592
Creditor daysdaysnot on your filings
113064
Stock daysdaysnot on your filings
1049126

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 5

  • Your turnover is not on fileYou file abbreviated accounts, as most companies your size do, so a buyer cannot see what the business turns over and has to estimate it. Working only from what you filed, the range lands between £306k and £1.1M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 31 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.
  • The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
  • 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

  • 23 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 69since 2016
  • 68since 2024

Directors

  • since 2003
Accounts on public record
Year toTurnoverStaffCash
2024-01-31not filed11£37k
2023-01-31not filed11£177k
2022-01-31not filed11£218k

A rough bracket, and why it is only that

0.40.9× sales
£120k
£1.0M

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.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Close the gap

The range above exists because your turnover is not on public record. Tell us what it actually is and we will place you exactly against your trade, and send it back.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.