Sold. Steel Processing Company With Associated Services

Steel Processing Company with Associated Services
Ref.IS046
Location Home Counties of Southern
Asking Price GBP 1,250,000
The opportunity exists to acquire all the issued capital of a company engaged in the Cutting of Heavy Steel Plate and associated Grinding Services, (The Company).
The Company has specialist knowledge in heavy metal cutting and grinding. A wide range of customers predominantly in the engineering and manufacturing industries are supplied
Business profile:
The Company is an established company which has been in business for over 30 years. It is located in Southern England close to good transport links.
The vendors do not take an active day to day role in the business. One of the vendors in conjunction with the companys accountants/book-keepers oversees the finances while leaving the day-to-day operation to the General Manager.
The General Manager and one supervisor form the middle management of the Company and they report to the vendor. In total, excluding the two directors, the Company employs 9 full time staff (depending on time of year) covering manufacturing, costing, invoicing, sales and deliveries.
Key Considerations:
Well-known and established company with long-standing reputation for integrity, professionalism and in-depth knowledge.
BSI Registered BSEN10 Iso9001-2000.
Comprehensive range of specifications and ability to cut shapes in multiple or single quantities.
Large grinding capacity and specialist knowledge of this process
Full CNC shape cutting machines (Newly installed in 2014)
Solid, long standing and varied customer base.
Continually increasing customer base.
Loyal, long standing and experienced workforce.
Huge potential for range and market expansion.
Excellent management team.
Very profitable and well managed business.
Ideal purchase for expansion purposes or for an owner not wanting to work full-time.