What a buyer sees
MAGIMIX UK LIMITED
Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them) · Surrey · 02142370
18staff · FY2023
39years trading
54oldest owner on file
£606kcash at bank
Your turnover is on public record
filed£19Mfor 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
Staff18
202127 → 182023
Cash at bank£606k
2021£588k → £606k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,081,178in the top quarter
£77,289£362,122£1,543,421
Debtor daysdays61in the middle half
234083
Creditor daysdays3
1250331
Stock daysdays78in the middle half
3381403
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 28 to 18A 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
- 39 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 1,081,178 against 362,122 for the middle of 32 comparable companies.
What the register says
Owners
- 54since 2025
Directors
- 52since 2017
- 54since 2025
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £19M | 18 | £606k |
| 2022-12-31 | £18M | 28 | £1.9M |
| 2021-12-31 | £26M | 27 | £588k |
A rough bracket, and why it is only that
0.35–0.55× sales£6.8M£11M
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.