What a buyer sees
WATSON GYM EQUIPMENT LTD
Manufacture of other special-purpose machinery n.e.c. · Frome · 06132239
85staff · FY2024
19years trading
—oldest owner on file
£1.7Mcash at bank
Your turnover is on public record
filed£10Mfor the year to 2024
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
Staff85
202153 → 852024
Cash at bank£1.7M
2021£833k → £1.7M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£118,988in the bottom quarter
£96,048£146,590£289,145
Debtor daysdays2below almost all
245391
Creditor daysdays40
152661
Stock daysdays35in the bottom quarter
2974163
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 26 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.
- 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 3
- Headcount grew from 71 to 85Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 2 against 53 for the middle of 48 comparable companies.
- Stock days better than three quarters of your tradeYours is 35 against 74 for the middle of 46 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 56since 2012
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-06-30 | £10M | 85 | £1.7M |
| 2023-06-30 | £9.0M | 71 | £906k |
| 2022-06-30 | not filed | 62 | £538k |
| 2021-06-30 | not filed | 53 | £833k |
A rough bracket, and why it is only that
0.4–0.9× sales£4.0M£9.1M
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.