What a buyer sees
NICERA EUROPEAN WORKS LIMITED
Wholesale of electronic and telecommunications equipment and parts · Eastleigh · 02477296
2staff · FY2023
36years trading
—oldest owner on file
£552kcash at bank
Your turnover is on public record
filed£2.1Mfor 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
Staff2
20212 → 22023
Cash at bank£552k
2021£891k → £552k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,036,000above almost all
£162,074£442,279£897,831
Debtor daysdays26in the bottom quarter
1261137
Creditor daysdays1
103382
Stock daysdays3below almost all
1158154
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 32 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 4
- 36 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 1,036,000 against 442,279 for the middle of 77 comparable companies.
- Debtor days better than three quarters of your tradeYours is 26 against 61 for the middle of 79 comparable companies.
- Stock days better than three quarters of your tradeYours is 3 against 58 for the middle of 74 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £2.1M | 2 | £552k |
| 2022-12-31 | £1.7M | 2 | £458k |
| 2021-12-31 | £1.0M | 2 | £891k |
A rough bracket, and why it is only that
0.35–0.55× sales£730k£1.1M
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.