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Business for sale in United Kingdom - It060-offers invited-engineering/fabrication manufacturer for the ministry of defence(mod)sector

Asking Price: 0 £ Real Estate: Lease
Sales Revenue: 4,400,000 £
Net Profit: 1 £
Year Established: 2000
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/London Borough of Hillingdon/West Midlands

Business types:

Manufacturing

Business categories:

Other Manufacturing

Business description

This company is a second tier supplier into the Ministry of Defence sector. a privately owned business situated in the West Midlands With a high reputation in many engineering sectors borne from over 9 years in business, and a standard of workmanship and quality second to none and flexibility in their approach to work unparalleled, they take pride in their ability to satisfy customer s requirements. This is a financially stable, highly profitable and cash generative business a bespoke component manufacturer and assembler, this business ensures realistic lead times and is able to manufacture parts quickly, accurately, and affordably without compromising on quality. Established in 2000, this successful business owns a large range of machinery and a powder coating operation which means that components are manufactured in house in the most cost effective way. A "one stop shop" service is provided for customers, taking care of every aspect of manufacture, assembly, and powder coating from inception to delivering complete into the customer s production unit. The business is known for its quick turnaround times, competitive prices and high quality products and has all the required facilities, research development, and pre-production to develop ideas and needs into superb finished assembled items. The business philosophy is a very simple one, to produce customer requirements on time, every time, engineered to exacting quality standards. Customer Service: This business is a highly regarded and has gained a first class reputation for a consistently high standard of components and assembly plus excellent customer service. Overall the machine shop capacity and personnel gives customers a reliable service with excellent quality. A high standard of response to orders received is a priority, delivering products of the highest quality on time and adapting where necessary. This Company is proud of its portfolio of customers, which has been achieved by concentrating wholly on producing the highest quality, close tolerance components and assemblies on time and at competitive prices and has gained a reputation for a consistently high standard of products and customer service. Key Strengths: The competitive approach and policy of continuing investment to improve the technical capabilities of the Company demonstrates the determination and commitment to maintaining the excellent reputation it has earned over the years. The Company has never had to look for work with customers returning time and again because of the exceptional service they receive. This Company has a wealth of knowledge and skill, the workforce allow the company to fabricate small special items right through to large systems for blue chip companies. Growth and Expansion: With established account customers, this success story enjoys a sterling reputation for quality, excellent service and value, not to mention a high demand for its wide range of precision engineering. This company offers a new owner plenty of excellent growth potential and a strong market base, making it a business that is on the right track to the next level of business. This Company is capable of supplying all customers needs and has all the machine tools required to complete any job, with a level of service that is genuinely first class. With a strong demand for existing services there is a capacity to increase the turnover and profitability. A new owner/management system would contribute fresh ideas and energy to expand on this solid foundation. Quality Assurance: The business working to ISO 9001 -9002 a excellent quality assurance system has been established and tailored for the business, designed to ensure customers received only first class components, this first class status is fully recognised by the long-standing regular customers. High sales have established a customer base that is varied and soundly established, the business customer base includes companies of all sizes. Continued investment and training, combined with the highly skilled production team enables the business to offer customers consistent quality, competitive pricing and security of supply. The service is fast and efficient with response to every client always friendly and helpful. The business offers total commitment to meet the expectations of customers by providing a cost effective and flexible manufacturing capability that is second to none. Advertising and Marketing: The business has used limited advertising in the past. The best form of advertising for this business is and will always be "Recommendation". A large percentage of new clients derive from referrals and the business regards existing clients as their best advertisers. It has maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets. with a high proportion of the business s revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry. The business for sale has a professionally designed website that offers excellent potential to increase turnover in the future.

Additional information

Additional information: Not Disclosed
Support & training: The seller is happy to provide full business familiarisation training and is prepared to work on in the business for a negotiated period of time.
Reasons for selling: This is a retirement sale of a well established, successful and profitable business , with clear and known substantial growth potential .
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The premises are well located for access to major road and motorway networks.

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