Supplies and services General Engineering, Forestry Transport Equipment and Weighing systems
Overview
The company supplies and services equipment for the forestry transport industry, such as cranes, trailers, sub-frames and bolsters.
The business supplies and services vehicle systems for the road transport industry, as well as offering general mechanical engineering works.
Priding itself on its excellent customer service, the company has developed strong relationships with an array of companies, and acts as a distribution agency for them.
Having built up the business, our clients are now offering the company for sale to facilitate future succession and development plans.
Offers invited.
Key Highlights
- General engineering services include welding, machining and fabrication.
- Predominantly operates across Northern UK, working with customers in sectors such as finance, haulage, road transport, forestry and plant hire.
- The company’s premises in Scotland benefit from a large geographical area, with access to key transport links. Our client advises that there are relatively few competing businesses in this area operating in the company’s sector which gives the business opportunity to grow the business further in its current location.
- Benefits from over 400 active clients, with over 95% of these providing ongoing streams of reliable revenue.
- Experienced and efficient personnel in place, with suitable candidates available to take on higher positions.
- Presents an ideal opportunity for similar organisations to integrate its range of services into their existing portfolio.
Financial Highlights
- Turnover in excess of £2.3m in YE23.
- Cash generating with an adjusted EBITDA of circa £452k.
- Year-on-year growth from YE20.
- Current forward order book value of circa £300k.
- 1.3-acre premises which can be included in the sale, recently valued at £360k.
- Additional extensive asset register included.
