What a buyer sees
POWERX EQUIPMENT LTD
Other specialised construction activities n.e.c. · Coventry · 05436235
37staff · FY2023
21years trading
—oldest owner on file
£363kcash at bank
Your turnover is on public record
filed£20Mfor 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
Staff37
202116 → 372023
Cash at bank£363k
2021£422k → £363k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£535,532in the middle half
£65,720£314,286£1,205,783
Debtor daysdays29in the bottom quarter
185593
Creditor daysdays147
123465
Stock daysdays182above almost all
722115
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 38 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Stock days run high for your tradeYours is 182 against 22 for the middle of 51 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 3
- 21 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 29 to 37Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 29 against 55 for the middle of 134 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 45since 2019
- 77since 2020
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-06-30 | £20M | 37 | £363k |
| 2022-06-30 | £22M | 29 | £438k |
| 2021-06-30 | £11M | 16 | £422k |
A rough bracket, and why it is only that
0.4–0.7× sales£7.9M£14M
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.