What a buyer sees
PERFORMANCE HEALTH SYSTEMS UK LTD
Manufacture of other electrical equipment · London · 08102963
17staff · FY2023
14years trading
71oldest owner on file
£16kcash at bank
Your turnover is on public record
filed£2.0Mfor 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
202012 → 172023
Cash at bank£16k
2020£44k → £16k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£115,594in the bottom quarter
£97,477£168,845£471,920
Debtor daysdays46in the middle half
3064107
Creditor daysdays37
103173
Stock daysdays155in the top quarter
1780171
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.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- Stock days run high for your tradeYours is 155 against 80 for the middle of 66 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
- Headcount grew from 13 to 17Growth a buyer can verify without asking you for anything.
What the register says
Owners
- 67since 2023
- 71since 2023
Directors
- 46since 2025
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £2.0M | 17 | £16k |
| 2022-12-31 | not filed | 13 | £76k |
| 2021-12-31 | £2.6M | 13 | £184k |
| 2020-12-31 | not filed | 12 | £44k |
A rough bracket, and why it is only that
0.4–0.9× sales£790k£1.8M
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.