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Designs & manufactures automation systems

Reference
S11910
Turnover
£2m to £5m
Sector(s)
Automotive, Manufacturing, Service industries
Region(s)
UK Wide, Outside UK
Added
29 August 2024

Business description

The company designs and manufactures automated assembly equipment and automotive vehicle body assembly equipment, providing complete, customised, turnkey solutions.

With extensive in-house capabilities, the company offers its in-depth knowledge and expertise from the earliest point of consultation, and can provide flexibility and rapid turnaround times for its clients. This has
enabled the company to develop a loyal, repeat client base.
The business is now being offered for sale to facilitate retirement plans.
Offers invited.

Highlights

  • Serves clients primarily within the automotive industry across the UK, France,
    and the Czech Republic, as well as a small number of pharmaceutical and general engineering clients. 
  • Has developed strong, long-standing relationships with a number of blue-chip organisations. 
  • Strong, experienced second-tier management team in place. 
  • Operates from leasehold premises, with space to expand. 
  • Untapped potential to develop sales with existing clients. 
  • Could introduce a range of complementary services and products, such as an agency role in automation technology laser welding equipment, packaging equipment, gripper configurations, and automated loading systems.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2023 (Actual) 4,801 1,475
2024 (Actual) 3,275 704
2025 (Forecast) 2,889 751
2026 (Forecast) 2,895 680
  • Turnover of £4.8m achieved in FY23, with an adjusted EBITDA of £1.47m.
  • Management figures show a turnover in excess of £3.2m in FY24 with an adjusted EBITDA of circa £700k. 
  • Strong pipeline of works in place with existing clients that could have a total value of circa £2.9m for FY25. 
  • Due to a high-value project beginning work without official order placement in FY22, the billing went into FY23. These years taken together are an accurate reflection of the company’s performance.

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