Project Elevate is a UK-based business that specialises in manufacturer of precision engineering products/components serving multiple industrial end markets.
The business benefits from strong repeat revenues, a diversified customer base and established technical capability. It has delivered consistent EBITDA performance above £400k with gross profit margins of 35% plus, reflecting operational efficiency and pricing discipline.
The business has built a highly loyal and diversified customer base across multiple sectors including industrial, marine, leisure, automotive, aviation, and pharmaceuticals. It has long-standing relationships with its customer base and has supplied its top 10 customers for between 10 years and 33 years.
The business operates from a spacious, well-maintained leasehold factory/office unit on a popular and easily accessible industrial estate.
The opportunity provides a scalable platform within a niche engineering segment which would offer a purchaser a good opportunity for either strategic expansion or integration into a group on a buy-and-build basis.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 1,588 | 425 |
| 2023 (Actual) | 1,604 | 434 |
| 2024 (Actual) | 1,700 | 404 |
| 2025 (Actual) | 1,559 | 415 |
| 2026 (Actual) | 1,511 | 408 |
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