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the UK marketplace for company sales

General engineering services

Reference
S11940
Turnover
£1m to £2m
Sector(s)
Engineering, Service industries
Region(s)
South West England
Added
12 September 2024

Business description

The company provides expert and professional engineering services, including machining, welding, and fabrication.

The company’s services include machine and plant installation, maintenance, servicing, upgrades, and repairs.
The business also offers the supply of on-site skilled labour services for maintenance, installations, and breakdown cover.
Operating nationally, the company presently caters to 29 active clients, all of which provide reliable, repeat business.
The company is offered for sale to facilitate lifestyle changes.
Offers invited.

Highlights

  • ISO 9001 and SafeContractor accredited.
  • Wide-ranging commercial client base including organisations from sectors such as textiles and manufacturing. 
  • Long-standing relationships with reliable suppliers spanning more than a decade. 
  • Skilled and experienced in-house workforce, with second-tier management in place, led by one director. 
  • Operates from freehold premises with a market value of £400k, which can be included in the sale. The premises comprise four units with in-house engineering workshops, storage, and fabrication facilities.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 923 170
2021 (Actual) 1,217 402
2022 (Actual) 1,367 386
2023 (Actual) 1,596 565
  • Turnover of circa £1.6m in YE23.
  • Adjusted EBITDA of circa £600k achieved in the same year. 
  • Long-standing clientele with a high rate of repeat custom. 
  • Presently working with approximately 30 active clients.

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