What a buyer sees
RECO JCB LIMITED
Wholesale of agricultural machinery, equipment and supplies · Radstock · 13244893
22staff · FY2024
5years trading
66oldest owner on file
£0kcash 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
Staff22
202211 → 222024
Cash at bank£0k
2022£601k → £0k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,112,773in the top quarter
£249,366£499,300£1,125,928
Debtor daysdays16in the bottom quarter
153453
Creditor daysdays26
1644109
Stock daysdays54in the bottom quarter
5399183
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 29 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 4
- Headcount grew from 16 to 22Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 1,112,773 against 499,300 for the middle of 46 comparable companies.
- Debtor days better than three quarters of your tradeYours is 16 against 34 for the middle of 51 comparable companies.
- Stock days better than three quarters of your tradeYours is 54 against 99 for the middle of 49 comparable companies.
What the register says
Owners
- 66since 2021
Directors
- 66since 2021
- 57since 2021
- 61since 2021
- since 2021
- 40since 2021
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £24M | 22 | £0k |
| 2023-03-31 | not filed | 16 | £217k |
| 2022-03-31 | not filed | 11 | £601k |
A rough bracket, and why it is only that
0.35–0.55× sales£8.6M£13M
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.