What a buyer sees
MEDICOM HEALTHCARE LIMITED
Wholesale of pharmaceutical goods · Kings Cross · 03949112
34staff · FY2023
26years trading
66oldest owner on file
£177kcash at bank
Your turnover is on public record
filed£11Mfor 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
Staff34
202137 → 342023
Cash at bank£177k
2021£31k → £177k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£316,065in the bottom quarter
£262,123£642,600£1,529,295
Debtor daysdays95in the top quarter
3555103
Creditor daysdays64
103090
Stock daysdays45in the middle half
1741104
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
- 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.
- Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
- Headcount fell from 38 to 34A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Debtor days run high for your tradeYours is 94 against 55 for the middle of 35 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 1
- 26 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 66since 2016
- 58since 2016
- 61since 2016
Directors
- 61since 2007
- 66since 2007
- since 2020
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £11M | 34 | £177k |
| 2022-12-31 | £14M | 38 | £14k |
| 2021-12-31 | £12M | 37 | £31k |
A rough bracket, and why it is only that
0.35–0.55× sales£3.8M£5.9M
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.