What a buyer sees
LABMAN AUTOMATION LIMITED
Manufacture of other special-purpose machinery n.e.c. · Middlesbrough · 02765790
119staff · FY2022
34years trading
66oldest owner on file
£4.1Mcash at bank
Your turnover is on public record
filed£11Mfor the year to 2022
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
Staff119
2021117 → 1192022
Cash at bank£4.1M
2021£742k → £4.1M2022
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£96,482in the bottom quarter
£96,048£146,590£289,145
Debtor daysdays71in the middle half
245391
Creditor daysdays19
152661
Stock daysdays124in the top quarter
2974163
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
- The newest accounts on file are 46 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Stock days run high for your tradeYours is 124 against 74 for the middle of 46 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
- 34 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 66since 2016
- 65since 2016
Directors
- since 2000
- 45since 2017
- 65since 2017
- 72since 2024
- 66
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2022-10-31 | £11M | 119 | £4.1M |
| 2021-10-31 | £8.5M | 117 | £742k |
A rough bracket, and why it is only that
0.4–0.9× sales£4.6M£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.