Asking price includes:
Current Turnover circa £866,000 p.a.
Gross Profits circa £223,000 p.a.
Freehold production facility circa £425,000 (circa 10,000 square feet)
Quality stock circa £200,000
Total Net Asset value circa £650,000
High speed automatic assembly with in-house testing
Production workshop with in-house design
Large desirable customer base
Extensive own brand product range
ISO9001
Growth potential
Over 35 years historical trading
Skilled staff
Superb reputation
E-commerce websites
Goodwill
Business profile:
This very well established and highly regarded UK electronics manufacturing company was set up by the current owner more than 35 years ago and in that time the company has developed its own range of specialist electronic products, which it takes to market direct, as well as providing subcontract design and manufacturing services to a diverse customer base.
The company’s own branded range of products consist of power supplies, amplifiers (set back, mast head and distribution amplifiers), splitters and combiners that have been designed and built primarily for domestic applications. The company sells these both to the trade and direct to market through its own e-commerce site as well as utilising the major online portals and via its highly successful catalogue.
In addition to this the business provides valuable sub-contract manufacturing services to customers applying its own modern automated electronics assembly facility here in the UK. It is regarded as an expert in the field of RF electronic technology.
The company has superb internal capabilities and quality management systems in place, so much so that it offers 3 years warranties on all of its own brand products that are manufactured in house. It owns the designs to these products.
As part of its continuous investment programme the company has recently received a letter of intent from the accreditation body that it will gain ISO9001 accreditation by early 2015. This should potentially open up even more markets for a new owner to target moving forward.
