The business targets a wide range of customers, focusing on users of large-scale production and process equipment and key local industries (aerospace, rail, and electrical engineering). It’s engineers often work on the customer’s site including some offshore work. Machining, Fabrication & Welding and Electrical services are provided both as part of larger projects and as stand-alone activities.
The business has built a strong reputation as being able to solve problems on behalf of its customers, it’s capability as a problem solver is founded in the many years’ experience of plant and machinery maintenance and repair often requiring innovative solutions to minimise interruption to production and machine idle time.
The busines provides out-sourced maintenance people/teams on several customer sites and at any one time there are up to 10 of its’ employees working at customer sites. It has preferred supplier status with a number of local businesses for their mechanical maintenance needs.
The modern factory comprises some 20,000 sq. ft. of production area split equally between the machine and fabrication Shops – there is cross-contamination control in place. It is well-equipped with a range of conventional and CNC machine tools and fabrication equipment with necessary crane facilities in place. There is also office space of c.4,000 sq. ft.
The business is an ISO 9001:2008 registered company and is a NAPIT Approved Contractor complying with the latest wiring regulations defined in BS7671:2008.
Annual sales in the current year, pre-COVID, were expected to be around £4.5M generating an Adjusted EBITDA of c £550k. Sales over the past 3 years have been £3.4M, £3.9M and £4.4M, respectively. The Balance Sheet Net Asset Value at last year end was £500k. The directors are confident of returning to pre-COVID levels by the start of 2021.
Post-COVID sales are expected to be £4.5M and adjusted EBITDA £550k.
The owners are available to provide consultancy support for a period up to 2 years (on terms to be agreed), if required. The directors also own the freehold and would be prepared to sell that, at current commercial value, as well, or enter a new arms-length lease for the premises.
This well established and solid business represents an excellent opportunity for a trade or private acquirer who is seeking to acquire a professional, multi-disciplined M&E service business with significant opportunity for growth.
This is a retirement sale
All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.
All the information available to us for this opportunity is shown above. We do not have any additional information.
Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.
You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.
Register Log in now Get their contact details without logging in
Facilitates the creation of machinery for the processing and storage of a wide selection of bulk materials, including sludge, food, chemicals, coal etc.
Operates as a leading electrical and mechanical contractor, predominantly in the rail sector, incorporating a modern approach and delivering a strong service.
Supplies and manufactures bespoke machined parts and power transmission. Products include power transmissions, bearings and fluid dynamics. The company distributes and also customizes parts for clients using their own workshop.
The group is a service provider which offers a comprehensive range of solutions to improve teaching and leadership, including long-term consultancy projects, keynote speeches and study tours.
Long-standing roofing contractor, undertaking residential, commercial and industrial roofing projects, predominantly working with clients based across South East England.
Designer and manufacturer of valves specified by the world’s leading oil & gas, petrochemical, power and process companies.
Provider of services for clients in the utilities sector, primarily focusing on telecoms installation and maintenance services.
Civil engineering and groundworks contractor offering a diverse range of services, including construction and plant and labour hire, to clients throughout Southern England.
Manufacturer of saddlebags, panniers and handlebar bags made from durable, waterproof material. Additionally, it manufactures a line of bags made from recycled lorry tarpaulin and similar materials.
Focused on the provision of professional and efficient consultancy services, offering expert advice that enables clients to maximise their research and development (R&D) tax credit claims, supported with its extensive in-house expertise in engineering, manufacturing and science.