What a buyer sees
HMH CIVILS LIMITED
Construction of domestic buildings · Stockton On Tees · 08801287
60staff · FY2023
13years trading
—oldest owner on file
—cash at bank
Your turnover is on public record
filed£40Mfor 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
Staff60
202160 → 602023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£674,920in the top quarter
£97,813£284,674£679,834
Debtor daysdays108above almost all
143363
Creditor daysdays23
173260
Stock daysdays7below almost all
1094612
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.
- Debtor days run high for your tradeYours is 108 against 33 for the middle of 30 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
- Sales per employee better than three quarters of your tradeYours is 674,920 against 284,674 for the middle of 40 comparable companies.
- Stock days better than three quarters of your tradeYours is 6 against 94 for the middle of 156 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 54since 2014
- 52since 2014
- 19since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £40M | 60 | — |
| 2022-12-31 | £46M | 61 | — |
| 2021-12-31 | £56M | 60 | — |
A rough bracket, and why it is only that
0.2–0.45× sales£8.1M£18M
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.