What a buyer sees
METIS HOMES LIMITED
Development of building projects · Potters Bar · 06428968
28staff · FY2024
19years trading
—oldest owner on file
£3kcash at bank
Your turnover is on public record
filed£21Mfor the year to 2024
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
Staff28
202215 → 282024
Cash at bank£3k
2022£3k → £3k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£740,557in the middle half
£58,215£454,148£1,404,438
Debtor daysdays0below almost all
123488
Creditor daysdays16
113273
Stock daysdays308in the top quarter
942471
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 29 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 308 against 42 for the middle of 67 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 2
- Headcount grew from 25 to 28Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 0 against 34 for the middle of 90 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 2007
- 46since 2008
- 52since 2012
- 58since 2012
- 76since 2015
- 49since 2017
- 38since 2021
- 53since 2021
- 61since 2021
- 61since 2021
- 47since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £21M | 28 | £3k |
| 2023-03-31 | £11M | 25 | £3k |
| 2022-03-31 | £13M | 15 | £3k |
A rough bracket, and why it is only that
0.2–0.45× sales£4.2M£9.3M
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.