What a buyer sees
JETLINE TRAVEL LIMITED
Travel agency activities · Ilford · 04094279
30staff · FY2023
26years trading
56oldest owner on file
£1.1Mcash at bank
Your turnover is on public record
filed£16Mfor 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
Staff30
202147 → 302023
Cash at bank£1.1M
2021£2.5M → £1.1M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£538,410in the middle half
£95,552£505,098£1,758,566
Debtor daysdays1below almost all
839185
Creditor daysdays26
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 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 47 to 30A 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 2
- 26 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 1 against 39 for the middle of 65 comparable companies.
What the register says
Owners
- 56since 2016
Directors
- 56since 2000
- 50since 2001
- since 2017
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £16M | 30 | £1.1M |
| 2021-12-31 | £7.1M | 47 | £2.5M |
A rough bracket, and why it is only that
0.4–0.9× sales£6.5M£15M
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.