What a buyer sees
IMETEC UK LIMITED
Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them) · Manchester · 02870385
11staff · FY2024
33years trading
80oldest owner on file
£690kcash at bank
Your turnover is on public record
filed£19Mfor the year to 2024
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
Staff11
202210 → 112024
Cash at bank£690k
2022£288k → £690k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,697,827above almost all
£77,289£362,122£1,543,421
Debtor daysdays17below almost all
234083
Creditor daysdays10
1250331
Stock daysdays274in the middle half
3381403
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 29 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 4
- 33 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 1,697,827 against 362,122 for the middle of 32 comparable companies.
- Debtor days better than three quarters of your tradeYours is 16 against 40 for the middle of 30 comparable companies.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 80since 2016
- 71since 2016
Directors
- 71since 1993
- 59since 2008
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £19M | 11 | £690k |
| 2023-03-31 | not filed | 11 | £1.6M |
| 2022-03-31 | not filed | 10 | £288k |
A rough bracket, and why it is only that
0.35–0.55× sales£6.5M£10M
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.