Business description

The company started trading in 1982 and its principal activities have always been involved in the design and manufacture of light engineering products.

It has developed a strong client bank of between sixty and eighty regular clients that include large companies, local authorities, borough councils and schools for whom it produces a wide variety of items. These include street furniture such as benches, tables and cigarette bins plus security fencing.
There has been minimal investment in marketing these products with most enquiries coming from satisfied customers and word of mouth recommendation.

The company has invested heavily in the design and production of a specialist
Security gate for specific applications in urban areas. The gate has Sold Secure accreditation and is recommended by the ACPO under the Home Office funded Secured by Design scheme.

The company has also recently started to make a range of stainless steel pharmaceutical products for use in sterilizing surgical equipment. It indirectly works for the MOD and produces after market accessories for the car industry.
This part of their manufacturing portfolio is in its infancy and could easily be developed to become a major part of the revenue streams.

The business always followed a policy of building a client bank with good financial provenance and consistent requirements as well as having a proven ability to pay. The companies wide range of products, competitive pricing and stable workforce has resulted in its continuing success for over twenty five years.

The Managing Director understands the importance of continuity and will be willing to remain with the business for an agreed period of time .








Customer Service:

The business takes time to work closely with its customers in the development of new products. This creates a strong professional bond where the customer can see the effort and resource invested by the business. The net result is a perception of added value that other companies don’t achieve.

Key Strengths:

Established for over twenty five years
Broad range of niche market products
Strong client bank
Projected turnover of @ £1,000,000

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business has a projected turnover for the present financial year of circa £1,000,000 with anticipated gross profits being £360,000.

Property information

Property:

Freehold

Location:

The business occupies a site covering circa three quarters of an acre which has ample room for additional units if required.

Other information

Competition / Market:

The majority of the marketing is carried out by the director and his design manager who spend a lot of time in client liaison and technical sales with potential clients. The company produces a range of glossy product leaflets for mailshots to schools and councils and a comprehensive brochure for its security gates which carry a registered trade mark.