What a buyer sees
IKB (TRAVEL & TOURS) LIMITED
Travel agency activities · London · 03199308
11staff · FY2024
30years trading
64oldest owner on file
£768kcash at bank
Your turnover is on public record
filed£12Mfor 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
202214 → 112024
Cash at bank£768k
2022£1.8M → £768k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,063,982in the top quarter
£95,552£505,098£1,758,566
Debtor daysdays8below almost all
839185
Creditor daysdays0
1140256
Stock daysdaysnot on your filings
637138
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 27 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 14 to 11A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- 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
- 30 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 1,063,982 against 505,098 for the middle of 30 comparable companies.
- Debtor days better than three quarters of your tradeYours is 8 against 39 for the middle of 65 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
- 64since 2016
Directors
- 64since 1996
- since 2003
- 41since 2009
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-05-31 | £12M | 11 | £768k |
| 2022-05-31 | £16M | 14 | £1.8M |
A rough bracket, and why it is only that
0.4–0.9× sales£4.7M£11M
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.