The company is a microengineering organisation specialising in the development and manufacture of systems, components, and electronics for a variety of industries, such as microfluidic devices or chips, micro-optical components, film processes, printed electronics, and the cross fertilisation of these key technologies.

Priding itself on its highly specialised manufacturing and designing capabilities, the company’s processes are fully scalable and it benefits from over three decades of experience in developing novel materials and processes for large electronics and chemical companies.

The business is now being offered for sale to facilitate the Director’s retirement plans.

Offers invited.

Key Highlights

– Benefits from a wealth of in-house expertise and the ability to work closely with customers to produce bespoke solutions for their exact requirements.

– Has developed a loyal international customer base across the medical diagnostics, electronics, and fluid analysis sectors.

– Highly skilled and experienced technical team in place.

– Director works part-time within the company and can provide a handover period, if required.

– Operates from leasehold purpose-fitted factory premises that include cleanrooms for product manufacturing.

– The company’s reel-to-reel capabilities have not been fully utilised to date and present the main opportunity for significant growth.

Financial Highlights

– Turnover in excess of £1.1m with an adjusted EBITDA of £250k.

– Large amount of valuable IP included in the sale.