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What a buyer sees

MYCO CONTRACTS LIMITED

Development of building projects · London · 10558526

28staff · FY2023
9years trading
oldest owner on file
£5.0Mcash at bank

Your turnover is on public record

filed
£36Mfor 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

Staff28
202217282023
Cash at bank£5.0M
2022£2.2M£5.0M2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£1,281,571in the top quarter
£1,281,571
£58,215£454,148£1,404,438
Debtor daysdays11below almost all
11
123488
Creditor daysdays35
35
113273
Stock daysdaysnot on your filings
942471

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 2

  • The newest accounts on file are 38 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • 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 17 to 28Growth a buyer can verify without asking you for anything.
  • Sales per employee better than three quarters of your tradeYours is 1,281,571 against 454,148 for the middle of 137 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 11 against 34 for the middle of 90 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-06-30£36M28£5.0M
2022-06-30£14M17£2.2M

A rough bracket, and why it is only that

0.20.45× sales
£7.2M
£16M

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.