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Fri, Mar 29 2024 05:46:18 AM  |  /

Manufacturer Plastic Injection Moulds(Toolmakers) Provision of Plastic Injection Moulding

Business Id:000219     |    Reference: JH033
Leasehold Price:
£240,000.00
Business Description

Specialist Manufacturer of Plastic Injection Moulds (Toolmakers) and Provision of Plastic Injection Mouldings
Key markets include medical, telecommunications and aerospace
Ref. JH033
Location : Buckinghamshire
Asking Price : £240,000

automotive, medical, telecommunications and aerospace, and with an international customer base.

The demands of certain sectors such as aerospace and automotive are well known for trackability and traceability throughout all supply chain partners and providers services & processes, and this company is both qualified and accustomed to meeting those demands.
The company’s flexibility and capability to develop sophisticated moulds for these precision industries is a result of the company’s in-house process management controls and its mould makers lead the industry in accurate and enduring solutions for injection moulding in the UK, and its proven Chinese partners deliver exceptional technical moulds and ultra-high cavity moulds that are used by plastic injection moulding companies all over the world.

The business has been developed over time with significant re-investment in the company, including tooling, equipment and its premises. The company can boast a substantial level of high quality machinery including modern automated plant and including latest state of the art CAD systems and office systems, meaning that customer designs or maintenance requirements can be dealt with quickly and efficiently.

The business has designed and developed many products that are the results of solving complex technical problems for its customers and retains significant intellectual property assets. The business also benefits from having a significant repair and maintenance facility.

The business is committed to ensuring manufacture is to the required standards of excellence, as you would expect from a company with such infrastructure.

The company has a comprehensive catalogue of quality machinery including modern CNC EDM CNC spark erosion machines as well as modern hi-tech inspection equipment.

 
Business Information
Turnover:£521,000.00 Annually
Profit:£80,000.00 Annually
Property Status:   Leasehold
Leasehold Term: rent, rates and water are circa £15,000 p.a.
Is this business relocatable: No
Business Sector: Other Manufacturing companies, Plastics & chemical manufacturing companies
Statistic Information
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Total Enquiries:
Last Viewed:
Last Updated:
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Business Profile
Equipment: The company has a comprehensive catalogue of quality machinery including modern CNC EDM CNC spark erosion machines as well as modern hi-tech inspection equipment. The business operates from large, modern facilities in a busy industrial park and is close to main trunk roads such as the M40 Motorway, the M25. And close to London international airports.
Key strengths: The company is financially strong with a very good asset base and operates from ideal leasehold premises. The company is benefitting from on-going investment. It is growing year on year in terms of customers and financial performance and it consistently generates impressive profits. The business is a multi-skilled operation that can undertake a large variety of projects due to the impressive infrastructure it has in place. Both large and small component quantities can be produced side by side. The internal skills are high and the company’s reputation is global and very strong. The business is established and profitable with a broad and diverse client base and has regular customers with no single customer accounting for a disproportionate percentage of turnover. The business retains a high level of historical clients. It has superb internal quality systems and an excellent health and safety record. The company has earned an outstanding reputation for its honesty, integrity, technical ability, service and reliability.
Key Opportunities: This is an outstanding opportunity to build on the existing products, services and customer base of this leading company. With a strong demand and impressive profitability, combined with a capacity to increase turnover, a new owner contributing fresh ideas and energy levels will have every advantage of building on an excellent platform to take this business to its next level. The business maintains many satisfied customers, who appreciate the company s superior products and skill sets, attention to detail, value for money and service. There are many excellent avenues for growth, especially within the current operations capacity. A dedicated sales and marketing effort would yield significant levels of additional business and profitability as, by its own admission, the business tends to be reactive rather than proactive in its approach to sales and marketing, as it has no formal sales team.
Financial performance: The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. Turnover circa £521,000 per annum Adjusted Net Profit circa £80,000 per annum Gross Profit circa £151,000 per annum Net Assets circa £87,000 (Estimate) The Asking Price is for 100% of the issued capital of the company based on Net Assets being circa £87,000. There will be a £ for £ adjustment to the asking price to reflect any rise or fall in this net asset position as at completion. The business has a clean bill of health with no loans or HP outstanding.
Asking Price: The asking price of £240,000 plus net assets for 100% of the ownership of the business on completion (calculated on a zero cash-zero debt basis).
Advertising and Marketing: The business could benefit from a more strategic internal medium/long term sales and marketing planning. It has a simple yet informative website but does very little in the way of proactive marketing. In saying that the website ranks number one on Google for explicit searches for the specialised products and services that the company provides. And it has a new modern website nearing completion.
Growth and Expansion: The business is well positioned to take maximum advantage of growth markets as they occur such is its ability to provide a diverse range of products and services in house with quick turnarounds. It has the infrastructure already in place to cater for significantly more work whether large or small scale. It also has the ability to enter new markets should a new owner so wish as it has a sterling reputation in place. It is already seeing growth in terms of new enquiries as its proprietary designs and products consistently find new customers around the world. The business currently operates a one shift pattern. There is no reason why this cannot be expanded should a new owner look to put more resource in place. The company has clients within UK and overseas, with a little more effort this could be increased and it is believed would yield excellent results.
Premises: The business operates from fully equipped leasehold premises that are located on a modern, well-known business park, near a busy, major town on the M40 Motorway. The premises are circa 3,000 square fee (more space available) on one floor, including facilities and offices; this is a fenced and secure site with steel, locked gates. We are advised rent, rates and water are circa £15,000 p.a. and that a flexible 3 years remain on a five year lease.
Business Hours: The business currently operates on a one shift system, Monday to Friday. This could be expanded if need be.
Employees: The vendor works in the business on a day to day basis and has been coaching the management team with the result that this team has been taking more and more of these duties on as time has progressed. As well as the vendor, the business also employs: 1x
Support and Training: The current owners would be happy to provide full training and support at handover to ensure a seamless transistion of ownership. One/both may be prepared to stay on within the business for a further period of time should a new owner so require, subject to negotiation.

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