What a buyer sees
ELLISON EUROPE LIMITED
Manufacture of other special-purpose machinery n.e.c. · Wrexham · 06045703
57staff · FY2023
19years trading
78oldest owner on file
£592kcash at bank
Your turnover is on public record
filed£6.6Mfor 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
Staff57
202193 → 572023
Cash at bank£592k
2021£634k → £592k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£115,319in the bottom quarter
£96,048£146,590£289,145
Debtor daysdays42in the middle half
245391
Creditor daysdays27
152661
Stock daysdays136in the top quarter
2974163
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 6
- 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.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Headcount fell from 80 to 57A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Stock days run high for your tradeYours is 136 against 74 for the middle of 46 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 0
Nothing stands out yet from the filings alone.
What the register says
Owners
- 78since 2022
Directors
- 78since 2019
- since 2021
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £6.6M | 57 | £592k |
| 2022-12-31 | £8.7M | 80 | £621k |
| 2021-12-31 | £10M | 93 | £634k |
A rough bracket, and why it is only that
0.4–0.9× sales£2.6M£5.9M
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.