What a buyer sees
FEGAN TRANSPORT LTD
Freight transport by road · Gilford · NI038968
54staff · FY2023
26years trading
76oldest owner on file
£1.2Mcash at bank
Your turnover is on public record
filed£7.0Mfor 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
Staff54
202150 → 542023
Cash at bank£1.2M
2021£860k → £1.2M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£129,943in the middle half
£98,332£139,970£259,966
Debtor daysdays71in the top quarter
335678
Creditor daysdays20
132644
Stock daysdays3below almost all
4623
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 4
- The newest accounts on file are 37 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- 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.
- Debtor days run high for your tradeYours is 71 against 56 for the middle of 272 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 3
- 26 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Stock days better than three quarters of your tradeYours is 3 against 6 for the middle of 33 comparable companies.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 76since 2016
- 76since 2016
Directors
- since 2000
- 76since 2000
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-07-31 | £7.0M | 54 | £1.2M |
| 2022-07-31 | not filed | 52 | £648k |
| 2021-07-31 | not filed | 50 | £860k |
A rough bracket, and why it is only that
0.4–0.9× sales£2.8M£6.3M
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.