The company is a provider of specialist coating and repairs for industrial clients, offering high-specification surface treatments, recoating and refurbishment of metal components.
Operating within a niche, highly specialised market, the company has positioned itself as the go-to provider for bespoke coating solutions, which has facilitated the development of strong, long-standing relationships with a number of prominent clients.
The owners are now offering the company for sale to facilitate the majority shareholders’ retirement plans.
Key Highlights
- Predominantly works with clients in the power generation, oil and gas, manufacturing and engineering sectors.
- Maintains strong, longstanding client relationships, some of which span over eight years, with 87% of turnover in the last year being provided by returning clients.
- Operates internationally, working with clients in the UK, EU and Middle East. At present, sales to overseas clients account for 25% of turnover.
- Highly experienced workforce in place, possessing the skills required to manage daytoday operations with minimal oversight.
- Operates from a cuttingedge production facility in Scotland, with profits being continually reinvested into the acquisition of new machinery.
Financial Highlights
- Achieved turnover of circa £1 million in YE25, with an adjusted EBITDA in excess of £400k.
