Monday, 25 August 2014

IS046-Steel Processing Company with Associated for sale

Steel Processing Company with Associated Services


Ref.IS046

Location Home Counties of Southern

Asking Price £ 1,250,000

Confidentially offered for sale



Introduction:

The opportunity exists to acquire all the issued capital of a company engaged in the Cutting of Heavy Steel Plate and associated Grinding Services, (“The Company”).

The Company has specialist knowledge in heavy metal cutting and grinding. A wide range of customers predominantly in the engineering and manufacturing industries are supplied

Business profile:

The Company is an established company which has been in business for over 30 years. It is located in Southern England close to good transport links.

The vendors do not take an active day to day role in the business. One of the vendors in conjunction with the company’s accountants/book-keepers oversees the finances while leaving the day-to-day operation to the General Manager.

The General Manager and one supervisor form the middle management of the Company and they report to the vendor. In total, excluding the two directors, the Company employs 9 full time staff (depending on time of year) covering manufacturing, costing, invoicing, sales and deliveries.

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