Plastic Extrusion Forming and Fabrication Company For Sale

Business description

Key Points:
Specialist in the design and manufacture of bespoke, multi use plastic packaging
Range of modern equipment for sheet extrusion ,vacuum forming and fabrication
Significant opportunities for further growth within existing capacity
Enviable UK and International Blue Chip clientbase
Loyal and highly trained workforce
30,000ft2 Leasehold Premises
Turnover to December 2007£2,564,029, Gross Profit £923,293, Net Profit £222,089

Business Activities:
The company was established in 2004 as the result of an MBO by the existing management team and specialises in the design and manufacture of re useable plastic packaging for Industry. The MBO team realised the potential for its products which benefit end users on both cost and environmental basis. The products are designed in conjunction with the client and are then manufactured from either raw materials or adapted from existing ?off the shelf? designs. An impressive Customer base includes many International Blue Chips who rely on the company to provide high quality product within strict timeframes.

Turnover and profitability have grown year on year and the directors have sought to capitalize on this success by continually reinvesting profit to develop the business. Over the last four years the management team have implemented many changes to improve the productivity and efficiency of the site including; the acquisition of equipment with better reliability and larger capacity, to redesign the manufacturing process and the addition of a larger extrusion line allowing the company to compete effectively on sheet plastics. There is excellent potential for further growth as little external marketing is undertaken and the Factory has further capacity for growth.ft patterns.

There are two shareholding Directors who share the responsibility for the day to day running of the business, one of whom may be prepared to stay on in a management capacity if required, while the other would happily cooperate in a handover period subject to agreed terms. In addition there is a sales manager, design manager, maintenance engineer, two supervisors, four extrusion technicians, three fabrication technicians, three fabricator operators, five vacuum forming operators and one granulator operator.

Located on an industrial park in the North of England, with very good transport links, the company operates from leasehold premises extending to 30,000sq ft. with ample parking. The freehold is owned by one of the shareholders and we understand that there is an adjacent unit that may be available to the Purchaser giving further scope for expansion.

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.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

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.

We look forward to receiving your Non-Disclosure Agreements.

Property information

Property:

Freehold