IT091-Buckinghamshire-£290,000-Manufacturer of Precision Pressings

Buckinghamshire, United Kingdom

IT091-Buckinghamshire-£290,000-Manufacturer of Precision Pressings
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Asking Price: Get Financing: $381,375

Cash Flow: $105,207

Gross Revenue: $316,936



Inventory: N/A

Established: 1953

IT091-Buckinghamshire-£290,000-Manufacturer of Precision Pressings

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Business Description

Specialist Engineering Company
Manufacturer of Precision Pressings, Stampings & Assemblies, Since 1953
Ref. IT091
Location : Buckinghamshire
Asking Price : £290,000 Inc. Assets
Set up over 65 years ago and as such is a very well established and reputable business providing a comprehensive range of niche products and engineering services to a variety of clients in various manufacturing sectors but primarily in electronics/electrical, supplying to the medical and agricultural industries.
The business’ comprehensive metal pressing facility offers progression presswork for high volume parts, simple single stage tooling for medium to low demand with more complex Deep Drawn press work up to 75 tonne capacity producing a diverse range of pressings.
The company has the facility to supply both large and small parts together with large or small batches; it has traded successfully for many years with current level of equipment still maintaining the levels of production that the customer base demands.
The business has its own internal inspection procedures to ensure customers receive only the highest quality products and services. This internal capability enables the business to take on varied and challenging projects for its clients and customers.
From first contact to completion the onus is geared towards complete customer satisfaction. The business is committed to ensuring manufacture is to the required standards of excellence, as you would expect from a company with such infrastructure.

Detailed Information

The business operates from fully equipped leasehold premises that are located on a small commercial area but close to a well-known business park, in a busy Buckinghamshire Town. The premises are circa 1,750 square feet on one floor with all facilities available. The premise offer excellent value for money and are located in a fabulous semi-rural location, very close and in easy access of A roads and nearby M40 and M25 motorways. We are advised rent, rates and water are circa £12,000 p.a.
The business could benefit from a more strategic internal medium/long term sales and marketing planning. It has a basic yet informative website but does very little in the way of proactive marketing.
Growth & Expansion:
The business is well positioned to take maximum advantage of growth markets as they occur such is its ability to provide a diverse range of products and services in house with quick turnarounds. It has the infrastructure already in place to cater for significantly more work whether large or small scale. It also has the ability to enter new markets should a new owner so wish as it has a sterling reputation in place.
Support & Training:
The current owner would be happy to provide full training and support at handover to ensure a seamless transistion of ownership. One/both may be prepared to stay on within the business for a further period of time should a new owner so require, subject to negotiation.
Reason for Selling:
The owner is planning retirement.
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Reeta Verma

Business Listed By:
Andrew Hudson

Turner Butler

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