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Businesses For Sale   >>   United Kingdom Businesses For Sale

UK Manufacturing Group - Precision Pressings, Engineering & Assembly

Location  United Kingdom
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $6684481
Net Profit / Cash Flow  $652144
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1964
Number of Employees  20 - 34
Relocatable  Not Disclosed
Number of Employees  20 - 34
Real Estate  Leased
Training  The current owners would be happy to provide full training and support at handover to ensure a seamless transition of ownership. This should be relatively simple process as neither are invloved in the business on a day to day basis. However one of the dir
Reason for Sale  The owners are planning their exit strategies.

Description  
UK Manufacturing Group Precision Pressings, Engineering & Assembly ISO9001/ TS 19649 Accredited Ref.IX019 Location Midlands/North West Asking Price œ 1,800,000 This very well-known and highly respected precision pressings and engineering group comprises of two stand-alone businesses that have both been trading independently for 40-50 years. More recently they have been placed under the umbrella of the current holding company (purely for administrative purposes) and have continued to trade very successfully since then, generating impressive profits at the same time further cementing their sterling reputations in the markets they serve. The sale is for both the Limited companies within the group. The companies are both highly skilled, multi-faceted operations. The core business is ''High Tolerance'' precision pressings and assembly to customers mainly within the UK. The companies have superb internal capabilities and quality management systems in place (ISO9001 and TS 19649) that enables them to serve a very desirable list of blue chip customers in a variety of industries including: - Automotive - Electronics - Aerospace - Technology - Defence - Hygiene - Facilities Management - Construction The companies' internal range of services includes:-Design, Prototyping, Tool Making, Progression Presswork using CNC presses (250T) and manual presses (200T), as well as full multi-part in-house assembly (welding, riveting, threading, tapping etc.). The business also has access to additional finishing services through highly effective sub contract management. The business has been developed over time with continuous re-investment in the companies, its quality systems, manufacturing equipment and its processes. The group can boast a substantial level of modern plant and machinery, including leading laser and press CNC machines complimented by long serving and highly experienced staff that enables it to provide a high quality precision solution.


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