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Deal Opportunities.co.uk

the UK marketplace for company sales

Engineering labour & fabrication services

Reference
S11444
Turnover
£2m to £5m
Sector(s)
Engineering, Service industries
Region(s)
UK Wide
Added
12 March 2024

Business description

The company provides onsite engineering labour to a vast range of sectors, as well as operating a large fully equipped fabrication workshop with 10-tonne and 20-tonne overhead cranes, as well as machining, folding,

rolling, and cutting, multi-coded welding capabilities.
Priding itself on its efficient, professional services, the company benefits from a large, reliable workforce that is coordinated and on-call 24 hours a day, enabling it to respond to client requirements within two hours.
The business is now being offered for sale to facilitate retirement plans.
Our clients are open to all types of structured deals subject to terms.
Offers invited.

Highlights

  • Serves a diverse range of sectors, including waste energy, paper, biomass,
    MoD, marine, aerospace, healthcare, food, construction, and clothing. A Accredited by Avetta. 
  • Strong second-tier management team in place that can undertake daily operations and drive business development independently, providing a turnkey opportunity. 
  • Scope to pursue geographical expansion nationally and internationally. 
  • Could benefit from developing an interactive website to expand its online presence and reach additional clients. 
  • Operates from leasehold premises that are rented from the General Manager; the freehold can be included in the sale subject to separate negotiations.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2022 (Actual) 3,049 704
  • Turnover of £3m in YE22 with a gross profit of £2m.
  • Adjusted EBITDA of £700k in the same year. 
  • Large pipeline of work in place worth circa £465k. 
  • In discussions to undertake an extensive project worth up to £1.2m in YE24.
  • Premises worth approximately £350k.

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