What a buyer sees
SWANSEA DRYDOCKS LIMITED
Service activities incidental to water transportation · Swansea · 06925673
18staff · FY2023
17years trading
47oldest owner on file
£233kcash at bank
Your turnover is on public record
filed£3.2Mfor 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.
What your filings show moving
Staff18
202125 → 182023
Cash at bank£233k
2021£76k → £233k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£180,467in the middle half
£49,995£272,109£1,447,812
Debtor daysdays3below almost all
234986
Creditor daysdays19
102667
Stock daysdays20in the middle half
41464
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 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 22 to 18A 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 1
- Debtor days better than three quarters of your tradeYours is 3 against 49 for the middle of 212 comparable companies.
What the register says
Owners
- 47since 2017
Directors
- since 2017
- 47since 2017
- 55since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £3.2M | 18 | £233k |
| 2022-12-31 | £2.8M | 22 | £60k |
| 2021-12-31 | £3.5M | 25 | £76k |
A rough bracket, and why it is only that
0.4–0.9× sales£1.3M£2.9M
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.