Engineering companies for sale

View the "UK Manufacturing Group Precision Pressings, Engineering & Assembly ISO9001/ TS 19649 Accredited" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Freehold Price: £1,800,000 Annual Turnover: £4,100,000 Annual Gross Profit: £1,400,000
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Business Description
This very well-known and highly respected precision pressings and engineering group comprises of two stand-alone businesses that have both been trading independently for 40-50 years. More recently they have been placed under the umbrella of the current holding company (purely for administrative purposes) and have continued to trade very successfully since then, generating impressive profits at the same time further cementing their sterling reputations in the markets they serve. The sale is for both the Limited companies within the group.

The companies are both highly skilled, multi-faceted operations. The core business is “High Tolerance” precision pressings and assembly to customers mainly within the UK. The companies have superb internal capabilities and quality management systems in place (ISO9001 and TS 19649) that enables them to serve a very desirable list of blue chip customers in a variety of industries including:

• Automotive

• Electronics

• Aerospace

• Technology

• Defence

• Hygiene

• Facilities Management

• Construction The companies’ internal range of services includes:-Design, Prototyping, Tool Making, Progression Presswork using CNC presses (250T) and manual presses (200T), as well as full multi-part in-house assembly (welding, riveting, threading, tapping etc.). The business also has access to additional finishing services through highly effective sub contract management.

The business has been developed over time with continuous re-investment in the companies, its quality systems, manufacturing equipment and its processes. The group can boast a substantial level of modern plant and machinery, including leading laser and press CNC machines complimented by long serving and highly experienced staff that enables it to provide a high quality precision solution time and time again.

The business also has its own internal processes to ensure customers receive only the highest quality products and services. This internal capability is backed up with ISO9001 and more recently the much coveted TS 19649 certification which has opened up further revenue streams and opportunities to serve new target customers who require compliance to this stringent standard. Each company has a core of some 25-30 regular prestige customers, many of which are instantly recognisable.

Both companies within the group have their own comprehensive and structured teams in place from the top down and both run as autonomous business entities with very very little day to day involvement from the two directors/owners.
Trading Hours:
Each company operates a 37.5 hour single shift pattern. This could be increased if need be.

Number of Employees: 60

Tenure: Freehold

The business could benefit from a more strategic medium/long term sales and marketing campaign. Each company has its own basic yet informative website however there have been no active forms of marketing to date.

Support & Training:
The current owners would be happy to provide full training and support at handover to ensure a seamless transition of ownership. This should be relatively simple process as neither are invloved in the business on a day to day basis.

Location Details:
Midlands/North West
The Midlands based operation operates from leasehold premises that are ideally located on a well-known industrial estate, having good access to the road networks. There is ample parking. The premises are circa 18,000 square feet with secure yard that is circa 40,000 square feet and has additional storage containers etc. The current lease is a 10 year lease, with 5 years remaining.

The North West facility is circa 24,000 square feet. This site is freehold, We are advised the freehold value is circa £650,000. (outstanding mortgage is circa £350,000) Please note current asking price INCLUDES the freehold.

Listed by: Turner Butler
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