Based in North West England
The company is a designer and manufacturer of bespoke air handling units for use in the healthcare, food, education, leisure and manufacturing industries, specialising in creating products to exact specifications to ensure that they are fully suited to their environment.
Units are based on a flexible modular concept and can be designed as internal-mounted and external-mounted options, making them suitable for installation in a variety of settings.
Over its 45-year history, the company has developed a reputation for high-quality products, utilising extensive experience in manufacturing to develop long-standing relationships across a diverse customer base.
The shareholders are offering the business for sale to facilitate their retirement.
Offers invited.
Key Highlights:
Caters to installation contractors carrying out work in the healthcare, food manufacture and preparation, education and leisure industries.
Additional revenue generated from enquiries made by consulting engineers who specify the company’s products for use in new applications.
Circa 75% of revenue is derived from previous customers. with relationships spanning 30 years.
Experienced second-tier management team in place.
Operates from freehold premises.
Financial Highlights:
Generated a turnover of £1.5m, with an adjusted EBITDA of £131k.
The Company expects to generate £650k over the coming year.
