Designs and Manufacturers Automotive Automation Systems

Key Highlights

– Serves clients primarily within the automotive industry across the UK, France, and the Czech Republic, as well as a small number of pharmaceutical and general engineering clients.

– Has developed strong, long-standing relationships with a number of blue-chip organisations.

– Strong, experienced second-tier management team in place.

– Operates from leasehold premises, with space to expand.

– Untapped potential to develop sales with existing clients.

– Could introduce a range of complementary services and products, such as an agency role in automation technology laser welding equipment, packaging equipment, gripper configurations, and automated loading systems.

Financial Highlights

– Turnover of £4.8m achieved in FY23, with an adjusted EBITDA of £1.47m.

– Strong pipeline of works in place with existing clients that could have a total value of circa £2.9m for FY25.