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the UK marketplace for company sales

Precision engineering

Reference
S8273
Turnover
£0.5m to £1m
Sector(s)
Engineering, Service industries
Region(s)
North West England
Added
25 November 2021

Business description

The company offers comprehensive precision engineering services, including CNC milling and turning and EDM wire erosion.

Priding itself on its ability to work to tight tolerances and provide exceedingly high quality products, the company utilises the latest machinery and technology in order to achieve the best results.

Offered for sale to facilitate retirement plans.

Offers invited.

Highlights

  • Operates from fully equipped leasehold premises that are rented for £18,168 + VAT. 
  • Strong management team in place that can carry out daily operations and pursue growth for the company with minimal oversight. 
  • Employs a dedicated and highly skilled workforce. 
  • Certified to BS EN 9001:2015 standards. 
  • Scope to hire additional skilled employees to undertake a larger workload without compromising on the quality of the output. 
  • Opportunity for development in hiring sales staff to increase all proactive marketing activities.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 907 301
2018 (Actual) 838 199
2019 (Actual) 863 129
2020 (Actual) 778 259
  • YE20 turnover of circa £778k.
  • EBITDA of approximately £259k in the same year.
  • 13% increase in profit margin since last FY.

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