What a buyer sees
HARRISONS ENGINEERING (LANCASHIRE) LIMITED
Manufacture of metal structures and parts of structures · Billington · 02974428
112staff · FY2024
32years trading
—oldest owner on file
£228kcash at bank
Your turnover is on public record
filed£16Mfor the year to 2024
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
Staff112
2022104 → 1122024
Cash at bank£228k
2022£484k → £228k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£139,645in the middle half
£102,718£170,458£318,709
Debtor daysdays68in the middle half
276084
Creditor daysdays41
184368
Stock daysdays24in the middle half
73199
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 29 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.
- 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
- 32 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
- 76since 1995
- 45since 2013
- since 2013
- 37since 2016
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £16M | 112 | £228k |
| 2023-03-31 | £22M | 109 | £1.9M |
| 2022-03-31 | £13M | 104 | £484k |
A rough bracket, and why it is only that
0.4–0.9× sales£6.3M£14M
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.