What a buyer sees
PHARM@SEA LIMITED
Dispensing chemist in specialised stores · Brighton · 08842973
35staff · FY2024
12years trading
—oldest owner on file
£407kcash at bank
Your turnover is on public record
filed£24Mfor 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
Staff35
202228 → 352024
Cash at bank£407k
2022£2.1M → £407k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£688,903above almost all
£88,131£144,651£656,552
Debtor daysdays55in the top quarter
233364
Creditor daysdays20
204466
Stock daysdays15in the middle half
121934
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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 41 to 35A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Debtor days run high for your tradeYours is 55 against 33 for the middle of 61 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 1
- Sales per employee better than three quarters of your tradeYours is 688,903 against 144,651 for the middle of 75 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 43since 2017
- 53since 2020
- 60since 2024
- 65since 2024
- 32since 2024
- 67since 2024
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £24M | 35 | £407k |
| 2023-03-31 | £24M | 41 | £1.9M |
| 2022-03-31 | £24M | 28 | £2.1M |
A rough bracket, and why it is only that
0.25–0.5× sales£6.0M£12M
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.