Metal Components Engineering Manufacturer (“The Company”)

Description

Business Opportunity

An opportunity exists to purchase the businesses and assets of a specialist cast iron and aluminium components engineering manufacturer.

The Company manufacturers a range of cast iron and aluminium components parts primarily for construction machine manufacturers.  The Company manufacturers as a Tier1 and Tier 2 supplier to leading global construction machine producers.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Valuation as appointed agent on behalf of the vendor.

 

Business Overview

  • Specialist Cast Iron and Aluminium Components Engineering Manufacturer.
  • Long Established Business with Impressive Customer Base.
  • State of the Art Inventory of Manufacturing Machinery with over 70 CNC Machining Centres/Machine Tools, Conventional Machine Tools, Ancillary and Support Equipment subject to Lease Purchase Agreements and Operating Leases
  • Leasehold Premises
  • Skilled and Motivated Workforce
  • Turnover (YE 31/3/2010) £5,229,127

 

High Level Financial Information

Year Ending 31/3/2019:

  • Turnover: £5,229,127
  • Gross Profit: £4,248,633
  • Net Profit/(Loss): £157,635

Year Ending 31/3/2018:

  • Turnover: £3,960,970
  • Gross Profit: £2,975,878
  • Net Profit/(Loss): £303,114

 

Assets Available for Sale

  • Encumbered Plant and Machinery and Equipment;
  • Office Equipment;
  • Established Customer Base
  • Skilled Workforce
  • Goodwill & Intellectual Property;
  • Customer Data;
  • Leasehold Premises (Subject to Assignment);

 

Location

North West, UK.

 

Deadline for Offers

Offers no later than 12.00 Noon on Monday 17th June 2019, all offers to be supported by proof of funds.

Sector

Engineering

Turnover

£5m

Category

Business for Sale

Location

North West, UK
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