The business was formed in the early 1980`s and operates as a subcontract machinist within a number of markets including pharmaceuticals, defence, aerospace, electronics, petrochemical and food sectors. Within these sectors the business designs and builds special purpose machines and equipment. Well established and with a strong reputation for quality, service and flexibility the business continues to grow year-on-year.
Projects range from one-offs through to bespoke special purpose machines and equipment and are undertaken through the whole process from design, detailing and drawing, to manufacture and delivery. The business has invested in state of the art equipment that enables the business to maintain its exceptional flexibility and versatility, combined with high quality standards.
The business employs a team of skilled operatives, a General Manager and foreman who are responsible for day to day running of the business, along with the owner. The business does not employ a salesperson with orders being generated by recommendation and referral.
The company operates from circa 12,500 sq feet premises, including production areas, storage and offices on an industrial estate with secure parking and yard.
Where many businesses in this sector have struggled in recent years, this business has flourished, growing year on year since 2009 with 29% growth in sales and 58% growth in net profit in 2011 compared to 2010.
2011 turnover £765,000, net profit £239,000. The net profit is quoted prior to owners’ remuneration.
This is a retirement sale.
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