For Sale

Specialist Engineering and Fabrication Concern

Flintshire

£599,950 +SAV

Ref: 2452-C D

Contact sales negotiator

Sarah Moores

01204556309

Email Sarah Moores

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Description

Hilton Smythe is delighted to welcome to the market this specialist Engineering and Fabrication concern offering security and protection solutions to private and commercial clients.

Established by our clients over twenty years ago the business is very well known and respected within the industry.

The company specializes in design and manufacture, line side materials, improvement and logistics solutions.

The business thrives on its integration with various car manufacturers:-
• General Motors
• Land Rover/Jaguar
• Toyota.

Syncreon, Voith and Magna all of which are companies that are on the supply chain for these Blue Chip Companies.

The business has successfully worked hand in hand with these companies for over 20 years, servicing all there Engineering, manufacturing and design requirements.

There are four Directors of the company, with three of the Directors looking forward to a well-deserved retirement. The forth Director would be willing to stay on with negotiable terms and conditions.

The business currently reports a turnover in the region of £850,000 with gross profit circa 75%. However our client firmly believes the turnover could easily quadruple for any buyer which had the finance and resources to take advantage of the many opportunities which our client presently has to reject due to current lack of resources, capability and funding. The business is ripe for investment and offers further dramatic growth.

We are advised that the business has recently acquired access to all Royal Mail establishments and businesses, which offers huge potential to increase the turnover further.

The business holds an impressive client portfolio, with access to many blue chip companies and large enterprises both in the UK and Europe.

Other Clients include:-

• Iceland Frozen Foods - Shops
• Iceland Frozen Foods – Main Office and Distribution Centre
• Tecra
• Kimptons
• MACP
• Corbett Bookmakers
• Romec
• Chester Zoo
• Nalco Fracking Chemicals Northwest UK
• Magna
• Syncreon Supply chain for Vauxhall
• Voith – Supply chain for Vauxhall
• Tulip – Bromborough Branch
• Johnsons Controls


Since trading the company has always been in the black. The business owns all machinery and tools, with no outstanding hire purchase arrangements. We are advised that our clients’ are prepared to be flexible on the terms of sale and 3 potential purchasers missed a great opportunity by not buying this lucrative business earlier.

There is a golden opportunity for the right organisation to take and use the opportunities which the client regularly receives to take the business to the next level.

Tenure

Business Only

This is a business only opportunity.

Hours

To be advised

Staff

The business is run and managed by the 4 Directors, with the assistance of 1 staff member.

Financial Profile

We are advised the business generates a turnover in the region of £850,000 with gross profit circa 75%.

Location

The business is currently located in the Cheshire/North Wales area, however the business could relocate to anywhere in the UK.

Premises

n/a

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