What a buyer sees
HIRE ASSOCIATION EUROPE LIMITED
Activities of business and employers membership organizations · Solihull · 01183652
17staff · FY2023
52years trading
—oldest owner on file
£294kcash at bank
Your turnover is on public record
filed£1.6Mfor 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
Staff17
202118 → 172023
Cash at bank£294k
2021£450k → £294k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£94,077in the middle half
£49,989£104,273£182,421
Debtor daysdays72in the middle half
1151145
Creditor daysdays25
71944
Stock daysdays8in the bottom quarter
71499
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.
- Headcount fell from 20 to 17A 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
- 52 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Stock days better than three quarters of your tradeYours is 8 against 14 for the middle of 134 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 56since 2019
- 56since 2020
- 66since 2024
- 67since 2025
- 50since 2026
- 41since 2026
- 50since 2026
- 57since 2026
- 37since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £1.6M | 17 | £294k |
| 2022-12-31 | £1.6M | 20 | £250k |
| 2021-12-31 | £1.5M | 18 | £450k |
A rough bracket, and why it is only that
0.4–0.9× sales£640k£1.4M
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.