What a buyer sees
REMET FERROUS COMPANY LTD
Wholesale of metals and metal ores · Mill Hill · 10971584
3staff · FY2023
9years trading
—oldest owner on file
£383kcash at bank
Your turnover is on public record
filed£17Mfor 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
Staff3
20223 → 32023
Cash at bank£383k
2022£791k → £383k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£5,702,267above almost all
£256,021£747,322£2,586,870
Debtor daysdays0below almost all
416798
Creditor daysdays4
115196
Stock daysdaysnot on your filings
2260169
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 2
- The newest accounts on file are 38 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- 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
- Sales per employee better than three quarters of your tradeYours is 5,702,267 against 747,322 for the middle of 66 comparable companies.
- Debtor days better than three quarters of your tradeYours is 0 against 67 for the middle of 76 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-06-30 | £17M | 3 | £383k |
| 2022-09-30 | £20M | 3 | £791k |
A rough bracket, and why it is only that
0.35–0.55× sales£6.0M£9.4M
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.