| (REF: IH022) Light Engineering Company |
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| Seller Reference: |
IH022 |
| B4S Reference: |
08164 |
| Asking Price: |
£530,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£1,500,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South West Wales, Wales, United Kingdom |
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The company was established in 1982 and was subject to a management buy out by the existing directors in 2000.
Acting as a sub contractor it carries out a full range of in house engineering services that include fabrication, welding, CNC and conventional turning, milling, horizontal boring and drilling using general and stainless steel and aluminium.
Projects with individual sections of up to ten tons in capacity are undertaken and completed by the workforce of skilled and semi skilled operatives. They also offer site services for installation and construction of steel work providing labour, materials and all equipment.
All personnel working on site have Passport to Safety cards and are well versed in working to CDM regulations.
The business has a core client base of around twenty-five clients some of whom are the largest blue chip companies in the UK. The vast majority of the turnover is generated and completed within a thirty miles of the operations base in South West Wales.
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Property: |
Leasehold |
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Lease Terms: |
The business operates from a secure site covering around one and a quarter acres. The leasehold buildings consist of four offices, one conferece room, two fabrication shops, one workshop and machine shop, toilets and kitchen facilities.
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Living Accommodation: |
No |
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The business does not actively advertise its activities. |
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This is a balance exit strategy. One director is of retirement age with the managing director being willing to stay with the business for an agreed period if required. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Two directors
One site manager
One estimator
Two admin staff
One maintenance and site supervisor
Three machinists
One improver
One apprentice
One welder (Aluminium and Stainless )
Two fabricator welders
Three semi skilled fabricator welders
One store man
One driver labourer |
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