Aerospace Precision Engineering Solutions

Reference Number: HIM253

Location: South East UK

Turnover: £2.1m

Status: SOLD

An outstanding opportunity has arisen to acquire a dynamic and innovative aerospace engineering company.

This well-established and profitable company specialises in providing precision engineering support across the aviation industry, including airline operators and maintenance agencies.

With 30+ years of trading history, the business has achieved organic growth, cultivating a reputation for innovation and expertise within its industry.

The company has successfully developed an enviable client base of leading companies across the aerospace sector, including major airlines and global aircraft component specialists. The business also benefits from a wide range of customer and industry accreditations, including CAA, TCCA and FAA approvals and ISO 9001 accreditation.

The range of services delivered cover aviation services, precision engineering and ground support.

Driven by a strong innovative ethos, the business has engineered a range of aircraft maintenance tools, with patented elements, presenting a significant area for growth for the company in existing and related industries.

Highlights

  • 30+ years of trading history.
  • Prominent client base of global players.
  • CAA and FAA accredited.
  • Strong innovative ethos.
  • Customised maintenance tools with patented elements.
  • Dedicated, highly skilled team.
  • Well-established organisational structure.
  • Strong balance sheet with no debt.

Financial overview

YE 31st March 2016 2017 2018
Sales revenue £1,971,245 £2,092,215 £2,088,369
Gross profit £1,259,405 £1,316,624 £1,345,778
Percentage 64% 63% 64%
Adjusted EBITDA £597,314 £667,203 £693,657
Percentage 30% 32% 33%

Current full time executive salaries are fully charged to the P&L at market rate so no adjustments to EBITDA have been made in this regard.

SOLD

 

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