The business is a provider of specialist pipe bending services for the offshore, process and power generation industries in the UK and overseas.
The company’s in-house capabilities extend beyond pipe bending services, with complementary offerings including mechanical testing, non-destructive testing and pickle and passivation for non-ferrous materials.
Having built the business up from its inception, our clients are now offering it for sale to realise the assured wealth derived from the value of the existing business, its goodwill and future potential, whilst facilitating further growth.
Offers invited.
Financial Highlights
- YE25 turnover of £2.46 million.
- Prior to the recent volatile trading conditions in the oil and gas industry, the business maintained steady turnover growth and an operating profit margin of c.16%.
- Forward order book valued at £630,000 to be realised typically over a three-to-four-month period.
- Approximately 80% of annual revenue derives from repeat custom.
Key Highlights
- Cultivated an excellent reputation over 20+ years in operation.
- Built a strong industry prominence based on excellent service quality, timely delivery and responsive client support, earning recognition across the UK and increasingly in EU and US markets.
- Serves a diverse recurring client base ranging from small engineering firms to major global organisations.
- Overseen by the directors, who receive support from a dedicated management team.
- Operates from extensive freehold premises, which can be included in the sale on a freehold basis.
