The company is a electro-mechanical engineering business specialising in automated applications and conveyor systems. It offers a comprehensive mechanical and electrical engineering service, along with robotic and control system engineering, and system fabrication, relocation, modification, maintenance and repair.
Operating across the Midlands, the company caters to blue-chip clients in the automotive, food, waste management, engineering and facilities management industries.
The Shareholders are offering the company for sale as part of their retirement plans.
Offers invited.
Key Highlights
- An in-house design team facilitates the innovation, design and construction of a comprehensive range of projects.
- Currently works with 11 active clients, all of whom provide reliable, repeat business on an ongoing basis. Some of these relationships span five years.
- Experienced second-tier management team in place.
- Operates from freehold premises that will be included in the sale.
- Further growth could be achieved through geographic expansion, recruitment and the implementation of additional marketing activity.
Financial Highlights
- Turnover of £1.2m, with an EBITDA of £239k.
- Gross profit margin of 51%.
- Pipeline of future work is currently valued in excess of £830k and includes projects for several high-profile clients.
