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IH026 -CNC Manufacturing Company

Asking Price: GBP 995000
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Business Location: United Kingdom » Leicestershire » Leicestershire 
Category: Manufacturing » Miscellaneous
Description:
CNC Manufacturing Company
Ref.IH026
Location Leicestershire
Asking Price £995,000
This family owned and managed engineering company has shown dynamic growth since its inception back in year 2000. The company was incorporated in 2003, and the family and their loyal and highly skilled team have built on their success continually since then, even through the currently challenging economic times, drawing constantly on the 25+ years of generic experience of its Managing Director.

The company’s day to day operation between their two company identities includes the production of:-

• Sliding Head CNC work – small diameter up to 20mm – multi axis
• Standard CNC Turning and Milling
• Grinding

The company’s business model has been a simple but very effective one:-

• Reliable time service
• High quality control
• Cost competitive pricing
• Good working relationships with their customer base, with high retention levels.

The company is completely geared for delivery of these all important aspects of their business model and this is demonstrated by their willingness to work the hours necessary to deliver on time, including 24/7 lights out shifts where necessary.

This business now trades from a robust platform and would be an outstanding candidate for perhaps a larger company in the same or parallel fields to bolt on to their core business, thus generating even further profitability through amortisation of overhead ratios etc.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
1000000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2000
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 12
No of trading hours: Monday – Thursday: 10 hour shifts Friday – Sunday : 12 hour shifts
Reasons for selling:
The current owners, in working very hard to build the business since 2000, now wish for a change of lifestyle and a slower pace of life, to enable certain health issues to be corrected.
Market competition and expansion:
Although the company has developed and maintains an attractive and easy to navigate Internet website, the company’s membership of an established and well known buying group, has produced business in itself. This coupled to their estimated 80% repeat business retention, has lessened the requirement for other forms of marketing.
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