Sold. Precision Engineers & Tool Makers

Precision Engineers & Tool Makers

Ref.IX011
Location Buckinghamshire
Asking Price GBP 65,000

This highly regarded business was founded in 1990 by the Vendors family with a combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with an established reputation among its customers for the quality of its products and service, honesty and reliability.

The business offers a comprehensive range of precision engineered products and tool making covering every level of technical requirement and quality demand appropriate to their end use and market and it is this businesss ability to operate in such detailed ways in determined volumes that creates a clear difference between this business and competitors meeting the customers needs for cost, productivity, delivery and quality.

The business operates from a rural location in Buckinghamshire with low overhead costs and has invested industry technology and implemented it to maintain the careful balance between cost and quality, providing exceptional value for money and combining ease of delivery to the customer with maintained manufactured integrity.

The business has the technical and manufacturing capacity to increase production within current plant operations, or could be assimilated into an existing operation.

For 20 years the business has offered customers a comprehensive range of precision engineered manufactured products and tool making and has a loyal and long term customer base, some of whom have relations with the business extending as far back as the first days of trading.

The business is further supported by exemplary relations with key suppliers who have helped to ensure that production is never compromised and that customers are never let down. This commitment to supply chain relationships has underpinned this business abilities in product quality and sustained business growth.

With the benefit of comprehensive manufacturing facilities, the highest possible quality through key business areas has been maintained and conforms to British Standards where appropriate and to stringent strength and test standards. The business has also maintained significant control over costs in an increasingly competitive and demanding market.

Expansion Potential
This industry sector has been though very hard competitive times and the company has emerged as one of the tried tested and robust survivors and now the current market for this business is still competitive but growing and is forecast in the near and longer term for continued growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with current market demand.

The business is constantly innovating and new product revenue streams can be developed into significant contributors to turnover. Added to this the business currently supplies to customers in only a part of the UK and can easily be expanded to cover the rest of the country.