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Light Engineering Company Provides Services

Location  United Kingdom
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1982
Number of Employees  20 - 34
Relocatable  Not Disclosed
Number of Employees  20 - 34
Real Estate  Leased
Reason for Sale  One director is of retirement age.
Description  Light Engineering Company For Sale, Provides Services including Fabrication, Welding, CNC, Welding, Machining and Site Services. Ref. IH022 Location South West Wales Asking Price œ 530,000 The company was established in 1982 and was subject to a management buy out by the existing directors in 2000. Acting as a sub contractor it carries out a full range of in house engineering services that include fabrication, welding, CNC and conventional turning, milling, horizontal boring and drilling using general and stainless steel and aluminium. Projects with individual sections of up to ten tons in capacity are undertaken and completed by the workforce of skilled and semi skilled operatives. They also offer site services for installation and construction of steel work providing labour, materials and all equipment. All personnel working on site have Passport to Safety cards and are well versed in working to CDM regulations. The business has a core client base of around twenty-five clients some of whom are the largest blue chip companies in the UK. The vast majority of the turnover is generated and completed within a thirty miles of the operations base in South West Wales.
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