Designer and manufacturer of electronic engineering products – based in the West Midlands
Designer and manufacturer of electronic engineering products – based in the West Midlands
Overview
Description
YE24 outturn turnover of £1.7m based on nine months figures.
YE23 turnover of circa £1.4 million, with an EBITDA of £405k.
Consistent turnover growth over the last four years.
37% average gross profit.
Overview
The company provides subcontracted design and manufacturing of electronic engineering products.
An end-to-end service from concept to completion is offered to its wide variety of international and domestic clients. 64% of revenue is derived from international clients across three continents.
The company operates from two leasehold premises; one of these is owned by the shareholders and its inclusion in the sale would be considered, subject to separate negotiations.
Offers invited.
Key Highlights
95% of annual turnover accrued through recurring revenue of manufactured products.
Over £500k confirmed pipeline work.
Client base across a variety of sectors and diverse product ranges.
Loyal workforce with over 20 years’ service; employee satisfaction and retention key to success.
100% client retention.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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