← Look up another company

What a buyer sees

WITT UK & IRELAND LIMITED

Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them) · Woking · 07984699

4staff · FY2023
14years trading
69oldest owner on file
£799kcash at bank

Your turnover is on public record

filed
£3.3Mfor 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

Staff4
20213 → 42023
Cash at bank£799k
2021£814k → £799k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£836,700in the top quarter
£836,700
£80,306£364,115£1,238,654
Debtor daysdays208above almost all
208
255183
Creditor daysdays10
10
1250331
Stock daysdays95in the middle half
95
2673359

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.
  • The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
  • Debtor days run high for your tradeYours is 208 against 51 for the middle of 50 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

  • Headcount grew from 3 to 4Growth a buyer can verify without asking you for anything.
  • Sales per employee better than three quarters of your tradeYours is 836,700 against 364,115 for the middle of 50 comparable companies.

What the register says

Owners

  • 69since 2016
  • 40since 2019
  • 36since 2019

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-12-31£3.3M4£799k
2022-12-31£5.1M3£1.3M
2021-12-31£4.7M3£814k

A rough bracket, and why it is only that

0.35–0.55× sales
£1.2M
£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.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Tell us the rest

Your turnover is on file, but the things that set a price are not: margin, customer concentration, who would run it next. Tell us where you are and we will read it properly.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.