What a buyer sees
PROACT MEDICAL LIMITED
Agents specialized in the sale of other particular products · Corby · 03096460
43staff · FY2023
31years trading
63oldest owner on file
£3.4Mcash at bank
Your turnover is on public record
filed£11Mfor 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
Staff43
202146 → 432023
Cash at bank£3.4M
2021£2.4M → £3.4M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£261,621in the middle half
£149,299£348,080£932,423
Debtor daysdays64in the middle half
235585
Creditor daysdays14
102778
Stock daysdays96in the top quarter
1449112
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 36 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- 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.
- Stock days run high for your tradeYours is 96 against 49 for the middle of 40 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
- 31 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 62since 2019
- 63since 2016
Directors
- 63since 1995
- since 1995
- 63since 2001
- 64since 2003
- 64since 2007
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-08-31 | £11M | 43 | £3.4M |
| 2022-08-31 | £13M | 45 | £2.7M |
| 2021-08-31 | £11M | 46 | £2.4M |
A rough bracket, and why it is only that
0.35–0.55× sales£3.9M£6.2M
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.