The company designs and manufactures fluid systems for automotive OEMs, including fuel and vapour systems, coolant, air, and SCR systems.
Focusing on lower volumes and higher margins, the company prides itself on its end-to-end service and is accredited to IATF 16949 and ISO 9001:2015 standards.
The business is now being offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights
– Operates predominantly B2B, serving many prestigious and blue-chip organisations.
– Experiences a high rate of return custom with its longest relationships spanning more than a decade.
– Strong management team in place.
– Operates from leasehold premises.
– Introducing new products would enable the company to remain in-line with industry trends and expand its customer base.
– Ideal bolt-on acquisition for complementary product and service providers.
Financial Highlights
– Turnover in excess of £840k in YE23, with an adjusted EBITDA of £71k.
– The Company makes parts for numerous large vehicle manufacturers, which brings a total of £553k in revenue per year.
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