Based in the North East of England, this long-established steel stockholding and processing operation supplying a broad range of steel products to commercial and industrial customers. The business operates as an independent supplier, providing both standard stock materials and processed steel to meet customer specifications.
The operation supports customers across construction, fabrication, agricultural and general engineering sectors. Services include steel stockholding, cut-to-size supply, processing and preparation, and the sourcing of specialist steel products through established supplier relationships. Orders range from repeat trade supply through to project-based requirements, with flexibility in order size and specification.
The business benefits from a stable and experienced workforce with long service across sales, logistics, warehousing and delivery. Day-to-day operations are supported by in-house handling and processing capabilities, enabling consistent lead times and dependable service delivery. Customer relationships are predominantly long-standing, generating repeat orders and a degree of revenue visibility.
The business has demonstrated resilient trading performance through varying market conditions peaking in FY2021 with turnover of £2.7m showing the companies capabilities, then with changing markets turnover of £1.1m in 2024, reflecting wider contraction across the steel sector rather than any loss of underlying capability. Throughout this period, the company has remained profitable, maintaining a disciplined cost base and preserving its operational infrastructure. With capacity and systems already in place, the business offers a strong platform for a new owner.
Operations are conducted from freehold industrial premises providing security of tenure and flexibility for an incoming owner. The site supports current operational requirements and offers potential for future expansion or alternative use, subject to planning and operational considerations.
The business retains the infrastructure and operational capacity to support higher turnover levels, providing scope to increase volumes without increased overheads. Opportunities exist for a new owner to increase operations, strengthen sales activity by contacting previous customers and selectively expand service offerings as market conditions improve.
This opportunity may be suitable for an existing operator seeking additional capacity or geographic presence, or for a buyer looking to acquire an established steel stockholding and processing platform with experienced staff and tangible assets.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 2,087,170 | 329,449 |
| 2023 (Actual) | 1,631,280 | 173,429 |
| 2024 (Actual) | 1,197,700 | 89,727 |
The shareholders wish to retire.
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