Overview
Description
Business
Please quote reference number B07475
The business was established in the late 1990s in the North of England. Since inception, their customer base has grown steadily to include many large companies within the region and further afield.
Specialising in the high-quality manufacture of precision-machined components, the equipment and products are shipped all over the world for the oil, gas, plastics, and petrochemical industries.
Components and Equipment include CNC Milling and Turning, TIG Welding, Conventional Machining and Grinding.
They not only work with local, national, and international blue-chip companies, but also carry out precision and bespoke work for small businesses throughout the area.
There is great scope for expansion and adding to the already existing portfolio. The business operates within a buoyant market, and their services are subject to increasing demand.
The business has several capabilities and assets to stand out from its competitors and attract the prospective purchaser, including:
- A varied portfolio of manufacturing services and materials.
- Outstanding client base across a vast variety of sectors.
- Excellent reputation in the industry, with a long trading history.
- A healthy financial profile, with a turnover of £657k in 2023 and with increasing sales in the past two years.
- Exceptional lead times, particularly for urgent projects.
- Reliable stream of income, with 60-75% repeat business.
- Excellent opportunity to expand within a booming market.
Highlights
- Long trading history and experience.
- Excellent client base.
- Steady repeat business and dependable income.
- Unique and high-quality products.
Opportunities
- Opportunity to increase staffing and equipment.
- Expand in the Renewable Energy sector.
- Expand size of business.
Location
The business is located in the North of England.
Premises
The business trades from a large unit on an Industrial Estate.
Tenure
The premises are Leasehold.
Hours
The business trades all year round.
Staff
The business has a team in place.
Financial Profile
Turnover IRO – £657k in 2023.
- 100% share capital.
- Parties to sign an NDA.
Is this business relocatable:
Is stock included:
Listed By:
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