Business
Please quote reference B07816
Established in the 1960s and operating from its own premises in Yorkshire, the company specialises in the design and manufacture of special-purpose machines, jigs, fixtures, gauges and precision tooling assemblies.
The company offers a range of services, including production of one-off components, repeat batch production of parts, breakdown repair, machine overhaul, reverse engineering, design & manufacture, special-purpose tooling, jigs and fixtures, and bespoke machinery projects.
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Over the course of its 60+ year history, the company has built up a large and diversified client base, spanning multiple industries and featuring household names. In 2023, the company had 92 active clients, spanning the packaged foods, life-testing equipment, construction, engineering, automotive, and energy sectors.
The company offers a unique value proposition, including:
- A complete end-to-end service: design, manufacturing, site service, efficiency improvements, and reverse engineering;
- An established and prestigious client base with 80% repeat business;
- A large back catalogue of designs;
- An extensive plant list;
- Longevity in the market and strong reputation for quality of service, with most business coming from word-of-mouth referrals;
- A strong financial profile with sales of over £1.3 million in 2023;
- Scope for growth, e.g. with formal marketing efforts and by recruiting more staff.
Highlights
- Precision engineering specialists, providing a full-spectrum service covering design, manufacture and servicing;
- A large back catalogue of designs;
- Diversified client base spanning multiple industries;
- Longevity in the market;
- Own premises with extensive plant list;
- A healthy financial profile.
Opportunities
- Scope to exploit new emerging client opportunities, e.g. in life-testing equipment;
- Scope to expand workforce to boost capacity and reduce reliance on shareholders;
- Scope to expand into new services, e.g. conveyor systems.
Reason For Sale
Shareholders are nearing retirement and are seeking a greater work-life balance. They are willing to help with the business’ transition into new hands.
Location
Based in Yorkshire
Premises
Further information can be made available upon request.
Tenure
Freehold
Hours
Business trades all year round
Staff
Further information can be made available upon request.
Financial Profile
The company has undergone consistent growth over the past three years, from a turnover of £741,341 in 2021, to a turnover of £968,872 in 2022.
From January – December 2023, the company generated sales of £1,338,287.
The company presents a compelling acquisition opportunity for buyers seeking a well-established, versatile company with strong client relationships and growth potential.
- 100% share sale.
- Prospective purchasers will be required to sign an NDA.
