What a buyer sees
BINNS FENCING LIMITED
Other specialised construction activities n.e.c. · Potters Bar · 00489736
58staff · FY2025
76years trading
—oldest owner on file
£3.4Mcash at bank
Your turnover is on public record
filed£15Mfor the year to 2025
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
Staff58
202144 → 582025
Cash at bank£3.4M
2021£2.6M → £3.4M2025
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£255,783in the middle half
£103,011£208,651£541,022
Debtor daysdays71in the top quarter
155092
Creditor daysdays22
143162
Stock daysdays12in the middle half
51549
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
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Debtor days run high for your tradeYours is 71 against 50 for the middle of 164 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
- 76 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 44 to 58Growth a buyer can verify without asking you for anything.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 1997
- 52since 2007
- 57since 2015
- 42since 2021
| Year to | Filed | Turnover | Staff | Cash |
|---|---|---|---|---|
| 2025-12-31 | 2026-07-07 | £15M | 58 | £3.4M |
| 2021-12-31 | — | not filed | 44 | £2.6M |
A rough bracket, and why it is only that
0.4–0.7× sales£5.9M£10M
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.