What a buyer sees
NOVANTA TECHNOLOGIES UK LIMITED
Manufacture of other machine tools · Stockport · 01041317
112staff · FY2023
54years trading
—oldest owner on file
£2.0Mcash 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
Staff112
2021145 → 1122023
Cash at bank£2.0M
2021£5.1M → £2.0M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£177,170in the middle half
£88,871£162,513£362,127
Debtor daysdays15below almost all
265687
Creditor daysdays14
143363
Stock daysdays70in the middle half
1245115
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
- 54 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 15 against 56 for the middle of 2,030 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 52since 2011
- 55since 2020
- 56since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £20M | 112 | £2.0M |
| 2022-12-31 | £32M | 124 | £4.2M |
| 2021-12-31 | £32M | 145 | £5.1M |
A rough bracket, and why it is only that
0.4–0.9× sales£7.9M£18M
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.