Business
Please quote reference number B07491.

A long-established business specialised in manufacturing precision components and parts, with an existing client base, excellent return business and great potential for expansion at regional and national level.

Based in the South East, the business was established in the 2000s, combining the long-established expertise and skills of the two owners.

In two decades, the business has evolved from two members of staff and two machines to its current position as a well-established subcontractor and manufacturer in the precision engineering industry, counting 7 members of staff and extensive machinery today.

They specialise in CNC Milling and Turning, 3D Modelling and Design, 3D Machining, Dynamic speed milling, and offer several other services, both catering for small and large batch production.

Since foundation, they have built a strong customer base at both regional and national level, with their great reputation and craftmanship translating into a strong 50% repeat business rate.

Specialising in the high-quality manufacture of precision-machined components, the equipment and products are supplied to the automotive, transport, medical, and defence industries among others.

From the perspective of a prospective purchaser, the business is in the optimal position to grow, both operating in a buoyant market and having all the assets and elements in place to succeed under new ownership.

 The business has several capabilities and assets to stand out from its competitors and attract the prospective purchaser, including:

• Delivering high quality components on time.
• Excellent reputation in the industry, with a long trading history.
• A healthy financial profile, with turnover above £650,000 in 2023.
• Reliable stream of income, with 50% repeat business and 30-40 active clients at present.
• Customers across a vast variety of sectors.
• Excellent opportunity to expand within a booming market.

Highlights – 

• Long trading history and experience
• Established client base and steady repeat business.
• Unique and high-quality products.

Opportunitites – 

• Opportunity to increase staff and machinery numbers.
• Expand size and scope of business.
• Implement new sales and marketing strategies.

Location
 Based in South East England.

Premises
Operating out of a business Unit.

Tenure
The premises are Freehold

Hours
The business trades all the year round.

Staff
We are advised there is a small team of staff in place.

Financial Profile
Turnover for 2023 IRO – just above £650k.