What a buyer sees
SAFETONET LIMITED
Other information technology service activities · Reading · 08733316
219staff · FY2024
13years trading
65oldest owner on file
£901kcash at bank
Your turnover is on public record
filed£19Mfor 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
Staff219
202123 → 2192024
Cash at bank£901k
2021£16k → £901k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£88,212in the bottom quarter
£81,799£173,905£550,001
Debtor daysdays40in the middle half
275498
Creditor daysdays30
92468
Stock daysdays8in the middle half
52265
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 5
- The last accounts went in 18 months after year endThe allowance is nine. A buyer reads a late filing as a question about the finance function rather than about the trading.
- The newest accounts on file are 20 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Headcount fell from 262 to 219A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- 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
- 65since 2016
Directors
- 65since 2013
- 51since 2019
- 67since 2022
- 51since 2026
- 50since 2026
| Year to | Filed | Turnover | Staff | Cash |
|---|---|---|---|---|
| 2024-12-31 | 2026-07-14 | £19M | 219 | £901k |
| 2022-12-31 | — | £18M | 262 | £584k |
| 2021-12-31 | — | not filed | 23 | £16k |
A rough bracket, and why it is only that
1–3× sales£19M£58M
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.