What a buyer sees
VERISFIELD (UK) LTD
Other service activities n.e.c. · London · 04029624
53staff · FY2023
26years trading
63oldest owner on file
£2.0Mcash at bank
Your turnover is on public record
filed£22Mfor 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
Staff53
202045 → 532023
Cash at bank£2.0M
2020£6.6M → £2.0M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£411,559in the top quarter
£37,711£134,349£421,751
Debtor daysdays59in the middle half
174687
Creditor daysdays135
132773
Stock daysdays82in the top quarter
62282
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.
- 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 82 against 22 for the middle of 55 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
- 26 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 411,558 against 134,349 for the middle of 112 comparable companies.
- 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 2016
- 63since 2016
Directors
- 62since 2014
- 63since 2014
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £22M | 53 | £2.0M |
| 2022-12-31 | £18M | 51 | £6.1M |
| 2021-12-31 | £17M | 44 | £5.4M |
| 2020-12-31 | £16M | 45 | £6.6M |
A rough bracket, and why it is only that
0.4–0.9× sales£8.7M£20M
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.