What a buyer sees
WITT & SON UK HOLDINGS LIMITED
Manufacture of other special-purpose machinery n.e.c. · Halifax · 02814797
149staff · FY2023
33years trading
71oldest owner on file
£1.4Mcash at bank
Your turnover is on public record
filed£24Mfor 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
Staff149
2021121 → 1492023
Cash at bank£1.4M
2021£1.5M → £1.4M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£161,407in the middle half
£96,048£146,590£289,145
Debtor daysdays88in the top quarter
245391
Creditor daysdays66
152661
Stock daysdays44in the middle half
2974163
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 4
- 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.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Debtor days run high for your tradeYours is 88 against 53 for the middle of 48 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- 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
- 33 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 121 to 149Growth a buyer can verify without asking you for anything.
What the register says
Owners
- 71since 2016
- 68since 2016
Directors
- 71since 1993
- 68since 1993
- 74since 2013
- 40since 2021
- since 2024
- 46since 2024
- 56since 2025
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £24M | 149 | £1.4M |
| 2021-12-31 | £18M | 121 | £1.5M |
A rough bracket, and why it is only that
0.4–0.9× sales£9.6M£22M
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.