What a buyer sees
MARCON FIT-OUT LTD
Other specialised construction activities n.e.c. · Antrim · NI051006
70staff · FY2023
22years trading
54oldest owner on file
£4.9Mcash 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.
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£317,587in the middle half
£103,011£208,651£541,022
Debtor daysdays39in the middle half
155092
Creditor daysdays25
143162
Stock daysdays48in the top quarter
51549
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 3
- 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.
- Stock days run high for your tradeYours is 48 against 15 for the middle of 86 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 1
- 22 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 54since 2016
- 50since 2016
Directors
- 54since 2004
- 50since 2021
- since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £22M | 70 | £4.9M |
A rough bracket, and why it is only that
0.4–0.7× sales£8.9M£16M
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.