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A leading profitable supplier and distributor of high quality engineering tools to industry.  Services include tool refurbishment

Ref. JH026

Location : Relocation required

Asking Price : £361,000 +NAV

Turnover : £1,148,000

Net Profit : Undeclared

Gross Profit : Undeclared

EBITDA : £180,326

Net Asset : £389,000

Premises : Relocatable

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Asking price: £361000 plus an amount equivalent to NAV

Turnover £1.148m
Adj EBITDA before drawings £180,326
Net Assets c£389,000 (assuming no cash, no debt)

Business Profile

Introduction:

Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of a Limited company supplying high quality engineering tools to industry. Its other services include tool refurbishment.

Key strengths:

The Company has the following key attributes:

• Leading supplier of engineering tools including end mills, gold drills, carbide drills, spotting and centre drills, reamers, taps and threadmills etc.
• Office location South Coast. Loyal regular customer base of precision engineering companies throughout the Hampshire and Dorset area.
• Significant growth and expansion opportunities.

The Company provides an acquirer with:

• An excellent bolt on for a business already operating within the engineering tools supplies sector.
• An ideal ‘starter’ business for anyone looking to break into the engineering tools supplies marketplace.

Financial profile:

For the financial year of 2017, turnover showed year on year growth with good profits.

The asking price for 100% of the Issued Share Capital is £361,000 plus an amount equivalent to the NAV.

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.

All enquiries or requests for additional information should be submitted or directed to Turner Butler , telephone Head Office: 01895 256000.

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
info@turnerbutler.co.uk
www.turnerbutler.co.uk