Overview
Description
The company undertakes specialist welding, repair and manufacturing solutions, boasting advanced capabilities with high-alloy, exotic and difficult-to-weld materials.
Its services include the repair, manufacture and resizing of copper crucibles; repair and manufacture of baseplates, electrode stubs, industrial pumps and automotive equipment; on-site repair of presses; and design and manufacture of automated welding equipment.
Our clients are now offering the business for sale to facilitate their retirement plans. Offers invited.
Key Highlights
– Utilises high-specification welding plant, heat treatment equipment and non-destructive testing (NDT) apparatus.
– Works with 35 active clients across various manufacturing markets, mining and port facilities.
– Generates supplementary revenue from clients based in France.
– Wealth of in-house expertise in place, with the Directors willing to provide a handover period.
– Operates from leasehold premises in North East England.
Financial Highlights
– Generated a YE23 turnover of £1m, with an adjusted EBITDA of £150k.
– Average gross profit margin of 28% between YE20 and YE23.
– Approximately 85% of the active clients are providing reliable income on an ongoing basis.
– Forward order book value of £400k.
Is this business relocatable:
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