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Designer Of Specialist Subsea Equipment For Sale

United Kingdom
Asking Price:
On request
Sales Revenue:
£1,140,000
Cash Flow:
Available on request

BASED IN THE NORTH OF ENGLAND
Outturn of circa £1.14m, with adjusted EBITDA of circa £425k. Designs, assembles and markets bespoke subsea-related equipment for the oil and gas sector. Strong forward order book in the value of circa £250k. Utilises CAD technology and client briefs to create bespoke products. The extensive product range includes subsea ball valves, pig lock systems and subsea pig launchers. Strong second-tier management team able to run the business day-to-day. Long-standing client relationships spanning up to 18 years. Operates from a property leased from the shareholders which could be included within the sale, subject to negotiations. Offers invited.

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Property:

Leasehold

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