this is a unique investment opportunity to aquire a newly formed company who are a master craftsmen in steel fabrication working from their solution workshop on state of the art cnc equipment this is an independent family run company who unfortunately, due to a large bad debt, went into administration, had to restructure their business and formed a new company to trade in the future. Owing to the owners financial commitment to his business the company is now trading with no bad debt, no overdraft facility and a growing order book. The company needs to attract investment to take them forward and secure major contracts which are currently on offer. The owner has been involved in specialist steel fabricating for the past 10 years and the company are fully experienced in working with carbon, alluminium and stainless steel. Their name and reputation is second to none and have already been able to retain customers who the family dealt with over the years. They have also tendered for a number of jobs which hopefully will come to fruition. They are specialists in the design, manufacture, instalation repair, refits and maintenance of structural steelwork, mezzanine floors, ballustrading, safety ladders, platforms, gantries, roofing cowl steelwork, hoppers, tanks and associated pipework plus many other specialist fabricating work. They have a highly skilled and experienced team of workers including project managers and coded welders who are all time served, and the company have been audited by “sandberg” for health & safety restrictions allowing them to tender for major building projects. The company is also in the final stages of accreditation to the construction industry chas scheme. The company have been able to trade during a difficult time because of the financial commitment and dedication of the owner and his family. They are now in a position to go forward and have work in progress, a growing order book and future contracts tendered for. The owner wishes to find a buyer or investment to take the business forward and secure a healthy future for the company. Equipment: a full inventory of the equipment which is included in the sale of the business is available to genuinely interested parties. This includes; guillotine, pillar drills, punches, pipe benders, rollers, welding equipment, 5 x fork lift trucks, 5 x site generators, cnc plasma , semi automatic band saw, side loader, 3 x pick up trucks, compressors, scffolding, shot blasting and painting equipment and numerous hand tools. The company works with a complete 3d x steel design software and autocad package ( worth over £12,000 new, and has a fully computerised system in place. Key strengths: until the company were forced into administration, owing to the bad debt, they had a name and reputation for producing specialised fabrication work with few companies being able to compete with them in the uk. This excellent name and reputation has allowed the company to re-group, re-structure and obtain orders from previous satisfied clients who are only to happy to see the company prosper once again. They specialise in class one mig, tig, mma and specification welding and also work to quality/welding approval bs-en-iso 15614-1.20004 and all welders are to en-287-1. 2004. And fabricate to nsss 5th addition. Growth and expansion: this is an outstanding opportunity to build on the effort and family investment that has been made to re-structure the business. The owner believes passionately that with investment used mainly to purchase raw materials, the company can proper and move forward. With new owners or investors in place the vendor has intimated that turnover could easily be doubled within two years of a takeover. During the re-structure the business was streamlined with employees reduced from 32 to 12. These numbers will need to be increased when some of the new tenders turn into solid orders. To accept and deliver these orders, raw materials need to be bought and investment needs to be found as cash is at a premium and there is no overdraft facility in place. New owners will reap the benefit for their investment.
