The company has established itself as a reliable supplier of several precision engineering methods, which enable it to offer clients complete cutting profiles and components.
Utilising a highly experienced team of employees and subcontractors, the business has generated a strong reputation that contributes to the company gaining new clients on a continual basis.
Our client is now offering the company for sale to facilitate growth under the impetus of new ownership, whilst realising the assured wealth derived from the value of the existing business.
Offers invited.
Key Highlights
- Has worked with over 100 clients during the last financial year, all of whom provide reliable, repeat business.
- Employee in place who would be able to take on some of the exiting Managing Director’s roles, post-sale.
- Scope for growth via acquiring machinery to enable currently subcontracted works to be completed in-house, whilst there is also potential for undertaking additional proactive and passive marketing activity to further enhance sales.
- Operates from fully equipped, ideally located leasehold premises.
Financial Highlights
- YE23 turnover of £550,000 with an EBITDA of £155,000.
- 200% increase in EBITDA from YE21 to YE23.
- Average gross profit margin of 81% across the last three financial years.
- EBITDA margin of circa 30% achieved in YE23.
