The company is an engineering business predominantly providing manufacturing and production services to the oil and gas, subsea and renewable sectors.
The business additionally supplies fabrication and refurbishment projects, facilities management, mechanical assembly, and machining solutions.
The company is offered for sale to facilitate continued growth under the impetus of a new owner.
Operating within a highly lucrative sector which is forecast significant growth, the sale is an ideal bolt-on acquisition for similar providers in the sector.
Key Highlights
- YE23 turnover of £1.42 million.
- Dedicated team in place.
- Works with 15 active clients at present.
- Established reputation in its sector. Receives a high amount of income through returning customers.
- Long-standing client relationships in place, some of which span over 10 years.
- Operates from leasehold premises.
- Scope to expand the business’s services, recruit further staff and invest in additional marketing strategies to facilitate grow
