This company specialises in a broad range of products aimed at lifting, material handling and health and safety. Products are fabricated in house or bought in or re-sold. Alongside these product sales is regulatory driven, after-market testing and inspection service. 

The business owns a substantial freehold factory with a significant fixed asset base. 

This is a turnaround opportunity, a chance to modernise a company with a long history and build a prosperous future.

Team:

The current shareholders wish to retire and are supported by some key people who will stay. However please note that the management team will need some refreshing.

Opportunity:

This business presents an opportunity for an existing engineering business to acquire large, freehold premises and amalgamate operations. 

Alternatively, it provides a north west base for a company with operations elsewhere in the UK, perhaps with a slightly different but complimentary product set. 

Finally, it would make an excellent investment opportunity for a consortium who can bring necessary management skills to the table to drive the business forward. 

Offers sought for 100% of the share capital  

North West of England.

In 2021 turnover was £1.9m generating an EBITDA £42k (after replacement management cost). Net assets at Jul-22 stood at £1,123k after revaluation of property, fixed assets and stock.