What a buyer sees
FORTRUS LIMITED
Business and domestic software development · Stevenage · 04693188
8staff · FY2023
23years trading
61oldest owner on file
£1.5Mcash at bank
Your turnover is on public record
filed£13Mfor 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
Staff8
202110 → 82023
Cash at bank£1.5M
2021£1.2M → £1.5M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,562,900above almost all
£10,883£76,775£441,458
Debtor daysdays43in the middle half
1452192
Creditor daysdays88
936251
Stock daysdaysnot on your filings
71975
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 41 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 9 to 8A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- 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
- 23 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 1,562,900 against 76,775 for the middle of 156 comparable companies.
What the register says
Owners
- 53since 2016
- 61since 2016
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-03-31 | £13M | 8 | £1.5M |
| 2022-03-31 | £18M | 9 | £1.8M |
| 2021-03-31 | not filed | 10 | £1.2M |
A rough bracket, and why it is only that
1–3× sales£13M£38M
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.