Advert Ref: 9432CV
Leasehold Metal Plating Manufacturer With £1.3m Turnover For Sale
- Warwickshire, United Kingdom
- Financial Details
- Asking price: £2,000,000
- Sales revenue: £1,300,000
- Net profit: Undisclosed
- Fixtures value: Undisclosed
- Stock value: Undisclosed
- Business Description
- The Company produces Electrophoretic, Nickel, Chrome and Brass plating and also Lacquers in various sizes and shapes up to one tonne in weight and 5 metres in length. Zinc plating is also up to half a tonne but the length is 4 metres.
The business is fully accredited to ISO 9001:2008 and to ISO 14001:2004, it is also working towards the automotive quality standard TS 16949.
Although all the sales are to UK businesses they do ultimately end up all over the world.
The Company is large enough to cope with the most difficult and demanding items and small enough to still give the personal and individual attention.
Approximately 35% of sales are within the automotive sector with sales to Aston Martin, Dunlop, Caterpillar, Perkins and others
The Company was established in 1978 and has continually expanded its capacity and capability in the plating sector. The premises are conveniently located near to the M6 motorway at junction 3.
The ongoing success of the business is based upon 3 key elements, quality products, competitive prices and customer service.
The modern plant is designed to handle components of various shapes and sizes ranging from nuts and bolts to shop fittings and even machine bed plates weighing up to half a tonne and depending on which process up to 5 metres in length.
The Company even has its own fully fitted laboratory in which the chemical analysis of the plating solutions and salt spray testing of components can be carried out.
The Company is proud that it has achieved the highest quality and environmental standards which are listed below.
ACCREDITATIONS
• Environmental Management System - ISO 14001:2004
• Quality Management System - ISO 9001:2008
• Moving towards the Automotive Quality Management Standard of TS 16949.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
- General Information
- Property:Leasehold
- Location:Located only approximately 5 minutes from junction 3 of the M6 motorway these excellent premises afford easy road access to its web of many nationwide customers.
- Premises Details:The business has ground and first floor offices and an on site chemical analysis laboratory at the front of the building with manufacturing to the rear with side loading bay and rear effluent treatment plant.
Within the manufacturing area are separate lines for zinc, brass, chrome and nickel plating. They also have lacquer and electro-deposition plant together with a packing line.
All plant and machinery are to the highest standard and are very robust in construction to ensure a long and efficient working life with maximum production ensured. - Expansion potential:- Employ an experienced salesman from the same or similar market sector. - Look to export into Europe to try and take advantage of the weak pound. - Organise collection and delivery points around the country.
- Reasons for selling:The two Directors who have built the business up from scratch over the last 32 years now wish to retire and reap the benefits of their many years of hard work.
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