The company is a highly regarded manufacturer of precision machined components for the oil and gas sector, as well as the food and beverage, aerospace, and rail sectors.
The business can manufacture products ranging from 0.25kg to 2 tonnes in weight and has the capability to accommodate urgent requests without compromising existing deadlines due to its extensive range of equipment and skilled staff.
The company works with various metals, including non-ferrous alloys, mild steel, carbon / alloy steel, stainless steel, and duplex and heat-resistant alloys.
Benefits from 15 active clients, 75% of which provide ongoing, reliable revenue.
Highly skilled team of engineers in place, all of which will be remaining within the company post-sale.
Operates from freehold premises, which could be included in the sale.
The company has a strong foothold within its operating sectors, having developed relationships with many blue-chip clients.
The business has a wide range of state-of-the-art machinery in place and does not require a large-scale investment.
YE23 turnover of £2.4m.
Adjusted EBITDA of £741k in the same year.
Our client is offering the business for sale to facilitate retirement plans.
Offers invited.
Average gross profit margin of 37% over the last four years.
