What a buyer sees
TIER 2 CONSULTING LIMITED
Information technology consultancy activities · Stevenage · 04361268
28staff · FY2024
24years trading
72oldest owner on file
£1.8Mcash at bank
Your turnover is on public record
filed£3.8Mfor 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
Staff28
202124 → 282024
Cash at bank£1.8M
2021£1.2M → £1.8M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£135,482in the middle half
£53,053£167,216£800,168
Debtor daysdays98in the top quarter
1947104
Creditor daysdays9
112791
Stock daysdays23in the middle half
723198
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 5
- 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.
- 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 98 against 47 for the middle of 89 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 2
- 24 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 25 to 28Growth a buyer can verify without asking you for anything.
What the register says
Owners
- 72since 2022
Directors
- 72since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £3.8M | 28 | £1.8M |
| 2023-03-31 | not filed | 25 | £1.9M |
| 2021-12-31 | not filed | 24 | £1.2M |
A rough bracket, and why it is only that
1–3× sales£3.8M£11M
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.