What a buyer sees
I F M ELECTRONIC LIMITED
Wholesale of electronic and telecommunications equipment and parts · London · 01551804
69staff · FY2023
45years trading
—oldest owner on file
£266kcash at bank
Your turnover is on public record
filed£39Mfor 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
Staff69
202164 → 692023
Cash at bank£266k
2021£768k → £266k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£570,007in the middle half
£162,074£442,279£897,831
Debtor daysdays82in the top quarter
1261137
Creditor daysdays5
103382
Stock daysdays12in the bottom quarter
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 3
- 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.
- Debtor days run high for your tradeYours is 82 against 61 for the middle of 79 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
- 45 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 12 against 58 for the middle of 74 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 48since 2021
- 66since 2021
- 52since 2021
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £39M | 69 | £266k |
| 2021-12-31 | £32M | 64 | £768k |
A rough bracket, and why it is only that
0.35–0.55× sales£14M£22M
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.