What a buyer sees
OTTO CAR LIMITED
Business and domestic software development · London · 08479726
77staff · FY2024
13years trading
—oldest owner on file
£12Mcash at bank
Your turnover is on public record
filed£51Mfor 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
Staff77
202265 → 772024
Cash at bank£12M
2022£10M → £12M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£665,412above almost all
£56,409£118,920£299,714
Debtor daysdays20in the bottom quarter
2058131
Creditor daysdays5
72092
Stock daysdays3below almost all
71975
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.
- 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.
- 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
- Sales per employee better than three quarters of your tradeYours is 665,412 against 118,920 for the middle of 153 comparable companies.
- Debtor days better than three quarters of your tradeYours is 20 against 58 for the middle of 125 comparable companies.
- Stock days better than three quarters of your tradeYours is 3 against 19 for the middle of 52 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 58since 2013
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £51M | 77 | £12M |
| 2023-03-31 | £44M | 70 | £9.4M |
| 2022-03-31 | £31M | 65 | £10M |
A rough bracket, and why it is only that
1–3× sales£51M£154M
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.