IH026-CNC Manufacturing Company
Advert ref: #4178
Category: Engineering -> Manufacturing
Location: England -> Midlands -> Leicestershire
Category: Engineering -> Manufacturing
Location: England -> Midlands -> Leicestershire
Business for sale
Asking Price:
£995,000
Turnover:
£1,000,000
Annual profit:
£300,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This family owned and managed engineering company has shown dynamic growth since its inception back in year 2000. The company was incorporated in 2003, and the family and their loyal and highly skilled team have built on their success continually since then, even through the currently challenging economic times, drawing constantly on the 25+ years of generic experience of its Managing Director.The company’s day to day operation between their two company identities includes the production of:-
• Sliding Head CNC work – small diameter up to 20mm – multi axis
• Standard CNC Turning and Milling
• Grinding
The company’s business model has been a simple but very effective one:-
• Reliable time service
• High quality control
• Cost competitive pricing
• Good working relationships with their customer base, with high retention levels.
The company is completely geared for delivery of these all important aspects of their business model and this is demonstrated by their willingness to work the hours necessary to deliver on time, including 24/7 lights out shifts where necessary.
This business now trades from a robust platform and would be an outstanding candidate for perhaps a larger company in the same or parallel fields to bolt on to their core business, thus generating even further profitability through amortisation of overhead ratios etc.
Employee details
Fulltime staff:
8
Parttime staff:
4
