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GATE VALVE DRILLING COMPANY

  • Price: Offers Invited
  • Annual Turnover: £80,000
Seller Reference: 147797
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Business Description
 
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Seller Reference: 147797
Request Details
Business Description
UK.
Generated a turnover of £80k in YE17.
Due to considerable growth in its work pipeline, the company is projected to generate circa £902k in YE18.
Strong work pipeline, with $540k in contracted revenue to be included in its YE18 turnover.
Operates internationally to major on- and offshore oil producers that require remedial work to reinstate well production.
The company generates regular income through the distribution of its in-house designed gate valve drilling units.
Holds 13 active accounts with a global blue-chip oil and gas client base that provides a retention rate of 80%.
No individual client accounts for over 2% of its annual turnover.
Offers invited.
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