The company supplies fasteners and cold-forged components to a diverse customer network throughout the UK and Europe.
The products comprise cold-forged parts; standard and industry-specific fasteners; terminal screws; and bespoke turned / pressed components.
Owing to the business’s strong supplier relationships, each component is available in a variety of materials and finishes. This includes steels, brass, zinc, plastics, industry-grade materials, and exotic alloys.
Our clients are now offering the company for sale to facilitate retirement plans. Offers invited.
Key Highlights
- Thorough quality assurance process in place; operates to ISO 9001 certification standards.
- Works with 60 active customers across industries such as petrochemical, automotive, electronics, aerospace, white goods and construction.
- 80% of customers place repeat orders, with some key relationships spanning over 25 years.
- Circa 37% of revenue is generated by customers in Europe, presenting scope for further expansion across key regions.
- An ideal bolt-on opportunity for similar or synergistic organisations.
- Operates from leasehold premises in a prime location; the site can be included in the sale on a freehold or leasehold basis.
Financial Highlights
- Generated a YE23 turnover of £657k, with an adjusted EBITDA of circa £220k.
- Forecast to achieve a YE24 turnover of £600k.
- Receives regular blanket orders from its customers, which generate reliable income.
- In discussions with a large prospective customer; if successful, this would generate £20k initially, plus £150k per annum thereafter.
