Operating for over 150 years, the Company possesses a wealth of history and expertise in many types of fibres and fabrics. Its product offering includes specialist woven constructions for various applications such as safety harnesses, medical products, aeroengine components, military uses and sports equipment.
As a well-established business, the Company has an enviable diverse long-standing customer base and highly skilled workforce. The business operates from a freehold property situated on two acres of land with a separate additional 0.8 acres
Technical expertise in meeting customer demands, as well as being fast and responsive.
IP framework opportunity of significant value over five years with an aerospace customer.
A highly invested and well-respected narrow fabric manufacturer.
Experienced management team in place.
Innovators of technical materials and leaders in advanced woven composite structures.
65,000 square feet freehold premises situated on two acres of land with a separate additional 0.8 acres.
Manufacture products that are technically challenging to make.
An agreed fixed revenue of £32,000 per month with their top aerospace customer alongside IP contract.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2022 (Actual) | 4,328 | 212 |
| 2023 (Actual) | 4,822 | 230 |
| 2024 (Actual) | 3,877 | -91 |
| 2025 (Forecast) | 5,021 | 548 |
In the absence of any family succession, the Shareholders are looking to dispose of their shareholdings however the existing management team (which includes one Shareholder) is open to remain within the business post completion.
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