Industry Overview
Industrial Manufacturing
Location
East Midlands, UK
Business Description
- Workforce comprising of highly skilled professionals
- Focus is automation in factories; however, they also provide machine maintenance, which brings in a recurring revenue element
- 20% Recurring revenue from maintenance and spare parts
- Well-diversified client portfolio with many blue-chip clients
- The company is a market leader in the industry, covering a significant percentage of the market
- The business has been successfully trading for over two decades
- A smooth transition would be assured with the existing management willing to offer a thorough handover for more than 6 months
Financial Summary
FY23 Turnover £6.5m | EBITDA £1m
FY22 Turnover £5.5m | EBITDA £728k
FY21 Turnover £8.5m | EBITDA £514k
Management & Staff
There is a team of 9+ highly skilled professionals
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