Menu

Deal Opportunities.co.uk

the UK marketplace for company sales

Precision engineering and fabrication

Reference
S7253
Turnover
£2m to £5m
Sector(s)
Engineering
Region(s)
North West England
Added
09 October 2020

Business description

We are pleased to have been appointed to find a purchaser to acquire the entire share capital of a profitable, well established precision engineering firm. The group has only become available for sale due to our client wishing to retire.

Three directors currently run the business, with the support of the management team, as well as assistance from the production and admin staff.

The speciality of the company is the manufacturing of precision sheet metal fabrications, including:

  • Design, CAD modelling and prototyping of products;
  • Precision laser cutting; 
  • Press work up to 150 tonnes; 
  • Fabrication of metal work and machined parts; 
  • MIG and TIG welding; 
  • Product finishing, including in-house paint shop, power coating, galvanising and electroplating.

The business has strong links with a large customer base, including a local national construction machinery manufacturer.

Plant and machinery is continually updated and maintained to ensure the company’s reputation for excellence is upheld. The most recent investment was to upgrade the powder coating machinery.

Operations are undertaken from one site, with an excellent workshop space that is bespoke to the business, alongside ample office space and outside yard space. All of the premises has been well maintained and is in a good state of repair. The acquisition of the site next door means more space for the company to grow and expand its capabilities and output.

The business is a high cash generating operation, with minimal debt of around £200,000 in hire purchase agreements.

This is a must view business that offers great potential for the right purchaser as either a standalone operation, or as a complementary offering to an existing business.

Highlights

  • Long standing business celebrating 30 years of trading in 2020; 
  • Highly experienced precision sheet metal fabricators; 
  • Group consists of parent company and one wholly owned trading subsidiary; 
  • The company operates from a rented property that has been purposed built for its needs, that has been extended over the year as the company has grown; 
  • A second leased premises has recently been acquired next door to the existing site to assist with the company’s growth opportunities; 
  • Both properties owned in a pension fund, and could be made available for sale;

Financials

  • Sales of over £4million in FY 2019, with sales forecast to be £4.2million for FY 2020;
  • Average sales over the past three year of over £3.9million;
  • Last financial year EBITDA of over £840,000, and weighted three year average of over £885,000

Contacting the person who posted this opportunity

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

Log in

Forgot your password? | Don't have an account? Register here

Please submit your contact details

Once submitted, an automated email will be sent to you giving you the full contact details of the person responsible for this opportunity. This is entirely free of charge.

Your contact details:

Businesses for sale