Lifting Equipment Manufacturer and Distributor In North England For Sale

Business description

Key Points:
Sustainable, continuous growth
Ideal platform for immediate expansion
Reputation for high quality and standard of service
Equipment is predominantly manufactured onsite, allowing bespoke per orders
Enviable client base with consistent high levels of repeat business through recommendation and satisfied clients
Increase in Gross Margin from 43% to 45% in ---------. 9% increase in Net Margin in same period
2008 forecast Turnover of circa £860k with a net profit of approx £150k

Business Activities:
This successful company was formed over twenty years ago and has grown into one of the North of England?s leading manufacturer and suppliers of an impressive range of lifting equipment, servicing a wide range of industries including, offshore, mining, haulage and port authorities etc. The company not only produces bespoke lifting equipment to order but also provides onsite maintenance and testing.

The Company has seen successful and stable growth over the passed twenty years. As the company has continued to grow, attracting work from a wide range of clients in a multitude of market sectors, the company has achieved preferred supplier status with several blue chip businesses leading to extensive repeat orders and the formation of strong relationships. A collaborative approach to working with clients, alongside the experienced team and dedication to detail has secured these relationships. The key influence on in winning and securing orders is flexibility, quality and quick turnaround times.

The directors have focused on re-investment into the company by ensuring that their staff receive excellent training and support which enables them to provide best advice to clients as well as remaining up to date with improvements within the industry. This continual programme of training and development is reflected by the excellent track record for safety that the company has, with products and services designed and manufactured to the highest standards including full certification and CE marking where appropriate.

There are two shareholding Directors currently working on a full time basis, one of whom is responsible for the day to day running of the business, while the other is responsible for onsite visits and testing. The directors are supported by an office manager, workshop supervisor, office administrator/sales plus warehouse operatives.

The company operates from a single story, leasehold, industrial building, including office accommodation, reception area, warehouse, production and storage space, located within easy access of major transport links.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

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Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

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Property information

Property:

Leasehold