What a buyer sees
HAIGH ENGINEERING CO,LIMITED(THE)
Manufacture of other special-purpose machinery n.e.c. · Herefordshire · 00550742
80staff · FY2023
71years trading
—oldest owner on file
£191kcash at bank
Your turnover is on public record
filed£9.9Mfor 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
Staff80
202178 → 802023
Cash at bank£191k
2021£382k → £191k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£124,046in the middle half
£96,048£146,590£289,145
Debtor daysdays59in the middle half
245391
Creditor daysdays46
152661
Stock daysdays115in 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 40 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 115 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 2
- 71 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 46since 2008
- 41since 2013
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-04-30 | £9.9M | 80 | £191k |
| 2022-04-30 | £8.1M | 76 | £254k |
| 2021-04-30 | £7.7M | 78 | £382k |
A rough bracket, and why it is only that
0.4–0.9× sales£4.0M£8.9M
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.