What a buyer sees
PLACE OF PROGRESS LTD
Residential care activities for learning difficulties, mental health and substance abuse · London · 12257807
17staff · FY2023
7years trading
43oldest owner on file
—cash at bank
Your turnover is on public record
filed£1.0Mfor 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
Staff17
202222 → 172023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£58,924above almost all
£20,324£39,635£57,310
Debtor daysdaysnot on your filings
82460
Creditor daysdaysnot on your filings
7920
Stock daysdaysnot on your filings
520103
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 34 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.
- Headcount fell from 22 to 17A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- 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
- Sales per employee better than three quarters of your tradeYours is 58,924 against 39,635 for the middle of 47 comparable companies.
What the register says
Owners
- 43since 2019
Directors
- 43since 2019
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-10-31 | £1.0M | 17 | — |
| 2022-10-31 | £1.1M | 22 | £140k |
A rough bracket, and why it is only that
0.4–0.9× sales£400k£900k
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.