Offered for sale is a Midlands based specialist metal fabrication business with a great heritage, a strong reputation and an exciting future. The company is engaged in stainless steel fabrication and related activities for the engineering, marine, utilities, energy and leisure sectors.
The company has been established for 49 years during which it has gained a strong reputation with customers and has evolved to develop new services and operate in a wide range of industrial sectors.
Over the last three years the business has secured a number of new blue-chip customers and become involved in new sectors with strong growth prospects. The level of orders and the diversity of the customer base is now greater than it has ever been, and this has enabled the business to increase its hourly charge out rate several times in the last two years.
The business has a very strong commitment to quality, attention to detail and as the directors would put it ‘doing things right’. This extends beyond the quality of the work and delivering customer projects on time, it also involves recruiting and developing apprentices, training and multi-skilling their employees and buying the best equipment for each job.
This legacy and the high esteem in which the business is held be its customers will be of significant benefit to the new owner of the Company.
The results for the most recent financial year show that the business generated sales in excess of £800k and pre-tax in excess of £170k.
