HA0210 – Aerospace/Defence Precision Engineering Company SOLD

Reference Number: HA0210

Location:

Turnover: £1.7m

Status: SOLD

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Business overview

–         A unique opportunity to acquire a privately owned company specialising in the production of precision-machined components for the aerospace, defence and other high tech markets.

–      The company is well known within the industry having traded for 13 years.

–      The business has grown steadily, expanding and accommodating its continually growing client base.

–         With long-term relationships with its customers, the majority of this company’s turnover is from blue chip companies (spread across the UK and into Europe).

Products and Services

–      The company’s services include milling, turning, grinding, jig boring, tool making, fitting and fabricating precision parts for the aerospace, defence and other high tech markets.

–      The company has a full range of CNC facilities and CAD/CAM and offers a design service. Carefully selected suppliers are used for raw materials, non-destructive testing, heat treatments and protective treatments.

 

–      The quality of this company’s products and services is widely regarded to be the cornerstone of it’s competitive advantage. This is validated by sector relevant approvals obtained by the company.

Premises

–      Well equipped unit based in the South West of England.

–      Good communication links and well situated.

–      Easy access to its main suppliers and from major routes in England and Wales.

–      Total area circa 10,000 square foot of floor space.

–      Leasehold available to new owner.

Reason for sale:

The owner wishes to retire

Financial overview

Year ending
28th February
200820092010
Sales revenue£1,647,642£1,751,853£1,705,225
Gross Profit£655,832£684,050£702,416
Percentage40%39%41%
EBIT£254,035£129,610£152,212
Percentage15%7%9%

SOLD

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