While
there are no formal contracts in place, the business enjoys strong customer
loyalty, thanks to customer-owned tooling held on-site. These substantial
pieces of equipment are critical to production and, while they can be moved,
the business typically maintains long-term relationships with clients. Top-tier
clients place orders up to 6 months in advance, and the ongoing partnerships
are built on the company's technical expertise, quality, and reliability.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 1,421 | 114 |
| 2023 (Actual) | 1,525 | 122 |
| 2024 (Actual) | 1,272 | 133 |
The business has consistently delivered a solid financial performance. A strong track record of securing new business—including multiple clients gained in recent years—positions it well for future growth. This is further reinforced by the ongoing expansion of contracts and successful quotes, ensuring profitability and sustainability in a competitive market.
Retirement
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Premier Supplier of Quality Bearings.
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