The company is a supplier of automation and industrial manufacturing components, catering to a long-standing customer base that spans a diverse range of sectors. Products include electrical motors, gearboxes and motor control drives; electrical equipment; and pneumatic and hydraulic components.
Operating nationwide, the company caters to clients across a wide range of sectors, including aerospace, maritime and general manufacturing.
The shareholder is offering the business for sale to facilitate his retirement.
Offers invited.
Key Highlights
- Provides its comprehensive product range for 2,956 commercial customers across a diverse range of sectors.
- Benefits from a high volume of repeat business, with some relationships having been in place for 12 years.
- Generates circa 33% of its revenue through an e-commerce platform, with additional direct sales deriving from eBay.
- Experienced management team in place.
- Operates from leasehold premises.
- Further development could be achieved through an expansion of its business operations or increased sales and marketing activity.
Financial Highlights
- Turnover of £1.3m, with an adjusted EBITDA of £183k.
- Average gross profit margin of 45%.
