What a buyer sees
CITY METALS RECYCLING LTD
Recovery of sorted materials · Barking · 07719785
26staff · FY2023
15years trading
37oldest owner on file
£44kcash at bank
Your turnover is on public record
filed£54Mfor 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
Staff26
202128 → 262023
Cash at bank£44k
2021£22k → £44k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£2,066,658above almost all
£103,767£334,257£1,115,355
Debtor daysdays20in the bottom quarter
154161
Creditor daysdays17
102751
Stock daysdays16in the middle half
61791
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 2
- 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.
- 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
- Sales per employee better than three quarters of your tradeYours is 2,066,658 against 334,257 for the middle of 65 comparable companies.
- Debtor days better than three quarters of your tradeYours is 20 against 41 for the middle of 62 comparable companies.
What the register says
Owners
- 37since 2016
Directors
- 37since 2011
- since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £54M | 26 | £44k |
| 2021-10-31 | not filed | 28 | £22k |
A rough bracket, and why it is only that
0.4–0.9× sales£21M£48M
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.