Provider of welding, repair and manufacturing solutions

– Utilises high-specification welding plant, heat treatment equipment and non-destructive testing (NDT) apparatus.

– Works with 35 active clients across various manufacturing markets, mining and port facilities.

– Generates supplementary revenue from clients based in France.

– Wealth of in-house expertise in place, with the Directors willing to provide a handover period.

– Operates from leasehold premises in North East England.

Financial Highlights

– Generated a YE23 turnover of £1m, with an adjusted EBITDA of £150k.

– Average gross profit margin of 28% between YE20 and YE23.

– Approximately 85% of the active clients are providing reliable income on an ongoing basis.

– Forward order book value of £400k.