an excellent opportunity has arisen to acquire a well established and superbly run business that specialises in the design, production and testing of assembled circuit boards to a host of varying industries. Any device or piece of machinery that uses a circuit board is a potential customer to this fast growing and developing company. Operating from a modern industrial factory unit the skilled and trained staff work on the production of circuit boards for numerous high profile industry leaders. The business has invested heavily on training their work force to the highest standard keeping them abreast of all new technology advances and have also invested in up to date equipment and machinery. The company has an impressive array of blue chip customers from major industries including, automotive, leisure and petrochemicals. Long term contracts are in place and the company has circa six months work in progress. They are profitable, reliable, have a good cash flow and are an extremely competitive operator. The vendors believe that they have taken the company as far as they can under the current structure. This is truly an exceptional opportunity for new investors to take this business forward to the next level or for an existing company to bolt on the business and its customers to add to their portfolio. Equipment: all of the specialist equipment and machinery are included in the sale of the business. A full inventory is available to all genuinely interested parties including, 2 x screen printers, 4 x pick and place machines, a reflow oven, a selective soldering machine, 2 x cropmatics, a wave solder machine, a compressor, a nitrogen generator and 30 x fully equipped work stations with all the necessary tools and equipment needed for an in house assembly operative to work from. Customer service: the company has put a superb infrastructure in place that can deal with even the most demanding of customers. Rigorous audits have been passed to obtain some of their most prized contracts and the company has always come through these tests with flying colours. They are reliable, flexible and extremely competitive with a positive mental attitude at all times, and the ability to solve even the most difficult of tasks. Key strengths: this is a highly technical and specialised company dealing with some of the most demanding and lucrative industries in the world. This is a business that has been developed to cater for the most demanding of customers and has an excellent understanding of their needs. They can produce both prototypes and batch runs and they have worked on designing and assembling circuit boards for various audio systems, and producing units for gas detection equipment, in fact they can produce anything that has a circuit. They have the infrastructure in place including staff, facilities, knowledge and experience to handle whatever is given to them to solve. Because of this the company is able to offer a full turnkey solution, a consistent high level of service and has built up an impressive reputation on the back of this. Many leading world wide clients have dealt with the company for years and it is testament to their abilities that the majority of their business comes from existing customers and from referrals. Being a privately owned company with relatively low overheads they are able to be highly competitive with up to three months work in progress at differing times of the year. They are selective on the jobs they accept and this has helped the company to achieve a consistent and healthy cash flow situation. Simply put, if their customers don’t pay their invoice on time the company does not accept any more work from that client. Currently the company is working on a major contract for refreshing and refurbishing power supply units. To obtain this work the company had to be put through a stringent audit, which they passed, including being vetted for their security. They are working on up to 5,000 units per week with an open ended contract in place. The company has a very strong pipeline of future revenues from their existing clients and with an aggressive marketing campaign they could hugely increase their turnover and profits. They have invested heavily on their modern working conditions, machinery and on their staff continually training them to keep abreast of the latest in design and technology. Growth and expansion: this is a small privately owned company which has an exceptional reputation for its competitive and reliable service. Being small helps them to be flexible on their approach and has helped to secure a constant stream of business over the years. They have now reached a stage under their current infrastructure where the owners have enough work from existing customers for them to cope with. The company has tremendous potential to grow, and grow quickly. The factory has a spare capacity of circa 50% and just needs more staff in place to expand the turnover. The vendors understand that the business needs new owners to take the company forward to the next level and they feel that they have taken the company as far as their abilities will let them. There are a number of areas which could be expanded including the creation of a company website to help market the business. They have not been active in communicating a positive message about their great service and reliability and have never had a sales drive to seek new and more lucrative work.
