ACQUISITION OPPORTUNITY – Project Tango
Fourth generation professional auctioneers and valuers
The opportunity to acquire the business and/or assets of a steel fabrication and powder coating specialist.
Overview
Well established provider of comprehensive engineering solutions, offering a metal fabrication and powder coating service, to customers operating in the construction, hydraulic, renewables and oil and gas industries.
A modern, well-maintained leasehold premises with machinery and equipment ensuring high quality metal fabrication & welding and powder coating services.
Technology system in place which allows handling of a wide variety of projects in one multifunctional space, quality end-to-end processes which include technical consultation, pretreatment, quality control and packaging.
Key Features
- Diverse customer base of circa 30 clients
- Ongoing contracts and order book
- Experienced workforce comprising of 9 full time employees, including 1 Director
- ISO 9001 is an internationally recognized standard for quality management systems (QMS)
- Well connected trading location in the North West, accessible to motorways
Assets for Sale
- Goodwill
- Intellectual property
- Website
- Tangible fixed assets, comprising equipment, fixtures and fittings
- Customer contracts
- Book debts
Summary of Financial Information
| £’000 | FY23 Actual | FY24 Draft | |
| Income Statement | |||
| Turnover | 799 | 627 | |
| Gross Profit | 414 | 414 | |
| Net Profit / (Loss) | (3) | (95) | |
| Statement of financial position | |||
| Fixed Assets | 116 | 105 | |
| Current Asset | 527 | 413 | |
Process
Further information can be obtained from KBL Advisory on completion of a standard non-disclosure agreement.
KBL Advisory is requesting indicative offers, supported by proof of funding, by 5pm on Thursday 1st May 2025 with a view to completing a transaction as soon as possible thereafter. We reserve the right to close the bidding process early or extend the deadline for indicative offers without liability or advanced notice.
All correspondence in relation to this opportunity should be directed to KBL Advisory as follows:
Sarah Bates
KBL Advisory Limited
Tel: 07414 932581
Email: sarah@kbl-advisory.com
Julie Webster
KBL Advisory Limited
Tel: 0161 637 8100
Email: julie@kbladvisory.com