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the UK marketplace for company sales

Precision engineering services

Reference
S7834
Turnover
£0.5m to £1m
Sector(s)
Engineering, Manufacturing
Region(s)
South East England
Added
17 June 2021

Business description

Utilising a highly experienced team, the company provides a wide range of precision engineering services, such as turning, CNC milling and grinding. 

With over three decades of experience in the sector, the company has built up an excellent reputation and is now widely regarded as a professional and reliable provider of high-quality services.

Having built up a successful and respected business, our clients are now offering the company for sale as part of their wider retirement plans.

Offers invited.

Highlights

  • Operates to an extremely high standard, with a dedicated, professional and skilled network of contractors in place. 
  • Currently works with 22 active clients and benefits from strong retention rates, with all clients providing reliable, repeat business on an ongoing basis.
  • Has experienced strong, organic growth since its inception. 
  • Multiple opportunities for continued expansion, such as further investment into high-tech plant machinery. 
  • Operates from leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 552 144
2019 (Actual) 647 185
2020 (Actual) 728 169
  • YE20 turnover of £728k, with an adjusted EBITDA of £169k.
  • Achieved a turnover of £647k in YE19 and an adjusted EBITDA of £185k.
  • Gross profit margin of 42%. 
  • Has shown a 17% increase in turnover since YE18.

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