What a buyer sees
GIG APP LIMITED
Business and domestic software development · London · 09703490
190staff · FY2023
11years trading
69oldest owner on file
£92kcash at bank
Your turnover is on public record
filed£3.9Mfor 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
Staff190
2021708 → 1902023
Cash at bank£92k
2021£350k → £92k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£20,400below almost all
£56,409£118,920£299,714
Debtor daysdays95in the top quarter
2058131
Creditor daysdays10
72092
Stock daysdaysnot on your filings
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 4
- 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.
- Headcount fell from 593 to 190A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Debtor days run high for your tradeYours is 95 against 58 for the middle of 125 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 1
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 69since 2016
- 39since 2020
- 37since 2020
Directors
- 69since 2015
- 39since 2016
- 37since 2016
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £3.9M | 190 | £92k |
| 2022-12-31 | £13M | 593 | £270k |
| 2021-12-31 | not filed | 708 | £350k |
A rough bracket, and why it is only that
1–3× sales£3.9M£12M
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.