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Long established and highly regarded Company based in the North of England
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UK nationwide coverage as well as expanding overseas markets including the US and Canada
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Adaptable product range
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Strong and well established relationships with a loyal customer base with no key customer dependency in the passenger vehicle industry
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Contracts with major bus groups
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Strong financial position with excellent gross margins (30% on average) and well maintained cost controls
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Current annual turnover run-rate of circa £1.1 million (19/20) reduction in comparison to prior year of £1.6 million due to COVID-19.
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Current maintainable profits run-rate of circa £250,000
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Modern and efficient industrial workshop premises
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Leasehold industrial unit of 12,311 sq. ft. Occupied on 10 year lease from Oct-20 with rent of circa £50k pa and a 5 year break available to the Company.
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Experienced management team
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Skilled and loyal workforce
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