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Well Established & Profitable Steel Fabrication Company

Ref. IS053

Location : West Yorkshire

Asking Price : Offers In Region Of £150,000

Turnover : £264,000

Net Profit : Undeclared

Gross Profit : £136,000

EBITDA : £80,000

Net Asset : £33,000

Premises : Leasehold

Confidentially offered for sale

  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Asking price includes:

Gross Turnover circa £264,000 per annum
Gross Profit circa £136,000 per annum
Adjusted Operating Profit circa £80,000 per annum
Net Assets circa £33,000
Growing year on year
Fully equipped workshop
Regular customers
Ideal leasehold premises
Specialist range of products
Highly skilled workforce
Full turnkey solution
Training and handover
Low overheads

Turner Butler has been appointed to invite offers of purchase for this established yet expanding steel fabrication company that has excellent infrastructure and profitability.

Business Profile

This well established and reputable business was set up by the vendors almost 30 years ago and in that time has grown into a highly skilled and professional steel engineering and fabrication company providing its clients with a diverse range of products and services.

The majority of products supplied are manufactured in mild steel to meet customer specification. The company provides a complete turnkey solution from initial design through to supply and installation.

The company has positioned itself as a high quality premium supplier to the market and as such has built up an impressive historical customer base in the region. These customers include both commercial organisations and domestic clients from a wide variety of sectors within both the private and public sector.

Typical range of products this business supplies includes

• Balustrading and handrailing
• Gates, fencing and railings
• Grilles
• Mild steel fabrication
• Welding services including onsite erection

The business has a highly skilled workforce and manufactures and supplies to exacting standards. Its infrastructure is such that it can meet the most demanding customer requirements.

The business has built up a sterling reputation based on quality, knowledge and superior product design and manufacture . The company currently carries out pretty much all production in house.This ensures excellent quality control and superior product delivery.


The company has an ideal manufacturing facility that is fully equipped to carry out full turnkey production, including initial design, production and final installation.

A full asset register is available upon request.

All plant, equipment and vehicles are owned by the business and included within the sale price.

Key strengths:

• Having successfully traded for many years this business has built up a sterling reputation based on quality and trust. This is backed up with key memberships and accreditations giving customers peace of mind that they are working with a reputable, suitably qualified company.
• Superb record of testimonials and track records.
• Good level of infrastructure
• Excellent profitability
• Impressive growth year on year
• Excellent staff
• Highly desirable customer base (commercial and domestic)

Key Opportunities:

The company has access to a large production capability and could certainly accommodate a significant increase in business volumes within its own current infrastructure. There are many avenues for growth available to this business as there are many organisations whom could benefit from the services this business can provide.

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.

The business achieved turnover circa £264,000 per annum last financial year.

Resultant gross profits circa £136,000 per annum. Adjusted EBITDA was circa £80,000 p.a. prior to director drawings. All plant and equipment owned by the business is included within the sale price (circa £33,000 as per the latest accounts). There is huge potential to develop this business further.

Asking Price:

The Asking Price of £150,000 including Net Assets is for 100% of the issued capital of the company, assuming Net Assets of £33,000 as per the latest accounts. The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark Net Asset figure of £33,000 at completion.

Advertising and Marketing:

The business has a basic yet informative website showcasing the type of products and services it can provide.

Growth and Expansion:

Even though the business is well established there are significant opportunities to expand. The company does not employ any dedicated sales representatives nor does it have a catalogue to supply architects/specifiers/contractors and end users illustrating the products it can supply. The vendor has never proactively chased work; he has been totally reactive to the ongoing demand. A more proactive approach could significantly increase revenues as the products and services it provides are always in demand.

The business has spare capacity in terms of infrastructure.


The business operates from ideal leasehold premises with excellent access to the road network. Current Rent is circa £800 per month. It is understood a new lease will be available to a new owner subject to negotiation.

Business Hours:

Monday – Saturday AM: Typical 40 hour week
On site as required


The vendor works full time in the business generally carrying our site surveys and purchasing materials. The business also employs a book-keeper, charge hand, fabricator, labourer and an apprentice. Staff are highly skilled and are able to multi task if need be.

The staff hold the necessary skills, paperwork and qualifications to carry out their jobs effectively and professionally, whether that be in the workshop, office or on site. The company has an excellent health and safety record and is trusted by its partners.

Support and Training:

The current owner would be happy to provide full training and support at handover and may be prepared to stay on for a further period should a new owner so require subject to negotiation.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532