The company is an established and renowned manufacturer of gauges and reamers, currently working with a range of prominent clients within several niche industries.
Operating internationally, the company has secured a strong position as a market-leading designer and manufacturer within its core operational industries, benefitting from a comprehensive understanding of the sector and priding itself on providing effective solutions for projects of all complexities.
The company works with a trusted network of international agents and couriers to distribute its products globally, with exports accounting for 70% of turnover.
Our client is now offering the company for sale as part of their retirement plans.
Key Highlights
• Benefits from a wealth of in-house CAD design and precision CNC facilities, including milling, turning, grinding and erosion capabilities.
• Specialises in the production of gauges and reamers for a range of applications, with a sustained international requirement for its unique offering.
• Loyal client base, resulting in a high volume of repeat custom, with some relationships spanning over 20 years.
• Long-standing workforce in place, benefitting from extensive industry expertise and possessing the skills required to manage day-to-day operations on an ongoing basis.
• Operates from fully fitted leasehold premises based in Yorkshire.
Financial Highlights
• The company achieved turnover of circa £500k in YE23, with an EBITDA in excess of £110k.
• Turnover on course to reach circa £500k in YE24, with EBITDA rising to £125k.
• Maintains strong gross profit and EBITDA margins, averaging 42% and 29%, respectively, across the last four years.
