What a buyer sees
MYLOCUM LTD
Other activities of employment placement agencies · Ilford · 05057928
109staff · FY2023
22years trading
67oldest owner on file
£719kcash at bank
Your turnover is on public record
filed£16Mfor 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
Staff109
202178 → 1092023
Cash at bank£719k
2021£338k → £719k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£145,646in the middle half
£61,893£285,365£708,549
Debtor daysdays52in the middle half
264872
Creditor daysdays11
81327
Stock daysdaysnot on your filings
62077
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 6
- 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.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Headcount fell from 144 to 109A 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 1
- 22 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 67since 2016
Directors
- 67since 2005
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £16M | 109 | £719k |
| 2022-12-31 | £20M | 144 | £808k |
| 2021-12-31 | not filed | 78 | £338k |
A rough bracket, and why it is only that
0.15–0.3× sales£2.4M£4.8M
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.