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the UK marketplace for company sales

Metal bars & components for the oil & gas industry

Reference
S12429
Turnover
£2m to £5m
Sector(s)
Engineering, Miscellaneous, Technology
Region(s)
UK Wide, Outside UK
Added
03 April 2025

Business description

The company is a highly regarded and rapidly growing supplier of high-quality metal bars and components for the oil and gas industry, providing its services to organisations across the globe.

Benefitting from a lean, efficient structure, a highly experienced team and cutting-edge in-house production capabilities, the company has established itself as a trusted manufacturer, facilitating the development of a loyal client base and ensuring that it benefits from a high volume of recurring custom.

The owners are offering the company for sale to secure further investment that will enable them to accelerate the expansion of the business, building on its strong foundation and enabling it to capitalise on the wealth ofopportunities that lie ahead of it.

Highlights

  • Provides a broad range of metal bars, cut pieces, rough machined and semifinished components and individual forgings catered to the challenging

requirements of the oil and gas sector.

  • Benefits from a wealth of specialist in-house equipment and expertise, enabling it to stand apart from competitors in its niche.
  • Loyal, long-standing client base, with the majority of annual revenue being supplied by returning clients.
  • Operates internationally, with a particular focus on the UK, Europe and Asia.
  • Highly experienced workforce in place, with the Directors advising that they

wish to remain with the business to drive further growth, post-sale.

  • Operates from fully fitted leasehold premises in Yorkshire.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2022 (Actual) 2,928 406
2023 (Actual) 4,625 537
  • Achieved turnover of £4.6 million in YE23 with an adjusted EBITDA of £540k.
  • Turnover and adjusted EBITDA have risen year-on-year since the company’s

inception and are on course to rise again in the current year.

  • Maintains consistently strong gross profit and EBITDA margins, averaging 25% and 13%, respectively, across the last two years.
  • Strong pipeline in place, with confirmed upcoming works valued at £910k

already secured and enquiries for additional orders from existing clients being received on a daily basis.

  • The company has continually invested in the acquisition of new equipment and machinery to facilitate the expansion of its operations, currently holding assets with a net value of circa £300k.

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