What a buyer sees
SAAB SEAEYE LIMITED
Manufacture of other electrical equipment · Fareham · 02022671
163staff · FY2023
40years trading
—oldest owner on file
£759kcash at bank
Your turnover is on public record
filed£28Mfor 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
Staff163
2021128 → 1632023
Cash at bank£759k
2021£5.0M → £759k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£171,039in the middle half
£111,296£152,547£303,795
Debtor daysdays54in the middle half
306498
Creditor daysdays74
82252
Stock daysdays194above almost all
1580188
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.
- Stock days run high for your tradeYours is 194 against 80 for the middle of 33 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
- 40 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 148 to 163Growth a buyer can verify without asking you for anything.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 58since 2003
- 52since 2004
- 61since 2018
- since 2025
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £28M | 163 | £759k |
| 2022-12-31 | £24M | 148 | £1.5M |
| 2021-12-31 | £21M | 128 | £5.0M |
A rough bracket, and why it is only that
0.4–0.9× sales£11M£25M
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.