What a buyer sees
PRODWARE (LONDON) LIMITED
Other professional, scientific and technical activities n.e.c. · Ilford · 10386402
2staff · FY2023
10years trading
53oldest owner on file
£25Mcash at bank
Your turnover is on public record
filed£38Mfor 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
Staff2
20212 → 22023
Cash at bank£25M
2021£20M → £25M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£19,204,050above almost all
£16,659£68,533£504,176
Debtor daysdays78in the middle half
1350225
Creditor daysdays1
931155
Stock daysdaysnot on your filings
931365
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 1
- Sales per employee better than three quarters of your tradeYours is 19,204,050 against 68,533 for the middle of 122 comparable companies.
What the register says
Owners
- 53since 2016
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £38M | 2 | £25M |
| 2022-12-31 | £7.5M | 2 | £323k |
| 2021-12-31 | £7.1M | 2 | £20M |
A rough bracket, and why it is only that
0.4–0.9× sales£15M£35M
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.