What a buyer sees
NEON (HOLDINGS) LIMITED
Dormant Company · Plymouth · 08578012
62staff · FY2023
13years trading
79oldest owner on file
£0kcash at bank
Your turnover is on public record
filed£9.6Mfor 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.
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£154,323in the middle half
£16,582£96,000£508,189
Debtor daysdays7below almost all
1148185
Creditor daysdays25
1234250
Stock daysdays48in the middle half
1851344
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 40 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- 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
- Debtor days better than three quarters of your tradeYours is 7 against 48 for the middle of 79 comparable companies.
What the register says
Owners
- 53since 2016
- 79since 2017
- 53since 2016
Directors
- 53since 2013
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-04-30 | £9.6M | 62 | £0k |
A rough bracket, and why it is only that
0.4–0.9× sales£3.8M£8.6M
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.