Established in the 1960s and operating from its own premises in Yorkshire, the company specialises in the design and manufacture of special-purpose machines, jigs, fixtures, gauges and precision tooling assemblies.
The company offers a range of services, including production of one-off components, repeat batch production of parts, breakdown repair, machine overhaul, reverse engineering, design & manufacture, special-purpose tooling, jigs and fixtures, and bespoke machinery projects.
Over the course of its 60+ year history, the company has built up a large and diversified client base, spanning multiple industries and featuring household names. In 2023, the company had 92 active clients, spanning the packaged foods, life-testing equipment, construction, engineering, automotive, and energy sectors.
The company offers a unique value proposition, including:
A complete end-to-end service: design, manufacturing, site service, efficiency improvements, and reverse engineering;
An established and prestigious client base with 80% repeat business;
A large back catalogue of designs;
An extensive plant list;
Longevity in the market and strong reputation for quality of service, with most business coming from word-of-mouth referrals;
A strong financial profile with sales of over £1.3 million in 2023;
Scope for growth, e.g. with formal marketing efforts and by recruiting more staff.
Highlights
Precision engineering specialists, providing a full-spectrum service covering design, manufacture and servicing;
A large back catalogue of designs;
Diversified client base spanning multiple industries;
Longevity in the market;
Own premises with extensive plant list;
A healthy financial profile.
Opportunities
Scope to exploit new emerging client opportunities, e.g. in life-testing equipment;
Scope to expand workforce to boost capacity and reduce reliance on shareholders;
Scope to expand into new services, e.g. conveyor systems.
Reason For Sale
Shareholders are nearing retirement and are seeking a greater work-life balance. They are willing to help with the business’ transition into new hands.
Financial Profile
The company has undergone consistent growth over the past three years, from a turnover of £741,341 in 2021, to a turnover of £968,872 in 2022.
From January – December 2023, the company generated sales of £1,338,287.
The company presents a compelling acquisition opportunity for buyers seeking a well-established, versatile company with strong client relationships and growth potential.
100% share sale.
Prospective purchasers will be required to sign an NDA.
