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Project Steel - Long Established UK Steel Foundry

Reference
S13622
Turnover
£1m to £2m
Sector(s)
Manufacturing
Region(s)
South West England
Added
29 July 2026

Business description

Strong reputation and longstanding customer relationships within a niche market, supplying precision engineered components to leading pump and valve manufacturers.
Operates from its own freehold manufacturing facility in Cornwall, incorporating melting, moulding, finishing, quality assurance and dispatch operations supported by significant specialist plant and equipment.

The business presents an opportunity to acquire an established engineering platform with a skilled workforce, substantial freehold assets, blue-chip customer relationships and significant production capacity available for growth under new leadership.

Business Highlights

  • ISO 9000 accredited quality systems maintained for decades.
  • Freehold manufacturing facility extending over 25,000 sq. ft.
  • Significant foundry infrastructure including induction furnaces, sand reclamation plant, specialist quality laboratory and overhead cranage.
  • Highly experienced management team and workforce with specialist technical expertise.
  • Production capacity of 300-350 tonnes per annum compared to current production of approximately 100 tonnes per annum, providing significant growth potential.
  • Retirement-driven transaction following the planned exit of the majority shareholder and Managing Director.

Available Assets

  • Consistent turnover of c.£1.4m-£1.5m p.a.
  • Employs 13 staff across production, management and administration.
  • Current order book of 23 tonnes for delivery through to October 2026.
  • Work in progress of c.£165k and stock inventory of c.£104k.

Principal customer represents approximately 40% of production output with a diversified secondary tier of established industrial customers.

SALE PROCESS AND FURTHER INFORMATION
The deadline for expressions of interest is Friday 21 August 2026, 12pm BST. The deadline for best and final offers is Friday 4 September 2026, 12pm BST. Azets will provide interested parties with a non-disclosure agreement prior to being provided with additional information. Offers are invited for the company's shares or its business and assets.

Opportunities

Prospective purchasers

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