Supplier of fasteners and cold-forged components

Key Highlights

– Thorough quality assurance process in place; operates to ISO 9001 certification standards.

– Works with 60 active customers across industries such as petrochemical, automotive, electronics, aerospace, white goods and construction.

– 80% of customers place repeat orders, with some key relationships spanning over 25 years.

– Circa 37% of revenue is generated by customers in Europe, presenting scope for further expansion across key regions.

– An ideal bolt-on opportunity for similar or synergistic organisations.

– Operates from leasehold premises in a prime location; the site can be included in the sale on a freehold or leasehold basis.

Financial Highlights

– Generated a YE23 turnover of £657k, with an adjusted EBITDA of circa £220k.

– Forecast to achieve a YE24 turnover of £600k.

– Receives regular blanket orders from its customers, which generate reliable income.

– In discussions with a large prospective customer; if successful, this would generate £20k initially, plus £150k per annum thereafter.