Sold. Specialist Precision Engineers - Turning & Milling High Specification

Specialist Precision Engineers - Turning & Milling High Specification Engineered Components predominantly to the Electronics Industry
Ref.IX026
Location Elstree, Hertfordshire
Asking Price GBP 210,000
Established in 1961, this family run business specialises in turning, milling and surface grinding, producing specialist high specification small components for the electronics industry including but not limited to companies such as Vistec, an American Electronics company. Vistec Holland and TMD Technology.

The company specialises in the manufacture and supply of high quality turned precision parts using a variety of materials including Molybdenum, Nickel, Alloys, Steels, Macor and Shapal, Shapal M, Ceramics, Brass Copper and Plastics.

Specialist precision engineering company of long standing with an excellent trading reputation. ISO 9001 accredited the business provides welding facilities as part of assemblies, but not purely welding. CNC Milling and turning is undertaken as a small percentage of work.

Expansion Potential
The company has traded for fifty two years and has maintained its position of excellence, however it would benefit from an active advertising campaign.

The business maintains a significant number of satisfied customers, who appreciate the company's superior products and skill sets, attention to detail, value for money and service.

There are many excellent avenues for growth, especially within the current operations capacity. A dedicated sales and marketing effort would yield significant levels of additional business and profitability as by its own admission the business tends to be reactive rather than proactive in its approach to sales and marketing.