Specialising in the manufacture of cable and wire harnesses, the company provides a manufacturing facility which provides services such as wire stripping, electromechanical assembly, bespoke box builds, and modifications.
The company is ideally placed for an acquirer to achieve further growth, due to its long-standing relationships with multiple blue-chip customers, and its top-of-the-range fully automated equipment.
The company benefits from 35 active B2B customers, all of whom provide ongoing business on a contractual basis. Relationships with customers span up to 35 years.
The business is now being offered for sale to facilitate growth under the impetus of new ownership.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.
Turnover in excess of £1.8 million in YE23 draft figures.
22% increase in adjusted EBITDA from YE22–YE23.
Potential pipeline in place with an estimated value of £300–£700k.
Operating within a sustained industry, which is currently valued at £50.77 billion globally, and is expected to increase at a CAGR of 5.59% until 2027.
Scope to achieve additional expansion through the introduction of complementary services, such as electronics distribution and original equipment manufacturing.
Benefits from a strong second-tier management team with a combined total of over 40 years of industry experience, and who will all remain in the business post-sale.
Operates from leasehold premises, located within a prominent industrial estate.
Robust SEO strategy in place that has proven successful.