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158985 / Rightbiz
The company specialises in the provision of comprehensive steel flame cutting and plasma cutting services, utilising cutting-edge machines to provide high-quality solutions for a broad range of clients.
Operating nationally, the company has developed a sizeable, loyal client base, including a number of major blue-chip organisations, with its unique in-house capabilities enabling it to provide unparalleled support, ensuring future revenue remains secure.
The shareholders are now offering the company for sale as they wish to pursue alternative ventures.
Key Highlights
- Core services include flame cutting, laser cutting, plasma cutting, CNC steel cutting and lumsden grinding.
- Continual investment in state-of-the-art machinery, some of which is unique within the UK, differentiates the business from competitors.
- Predominantly works with clients in the construction, yellow goods, toolmaking, automotive, aerospace and defence sectors.
- Works with 1,200 active clients, maintaining strong retention rates, with some relationships spanning circa 15 years.
- Experienced management and operational teams in place, capable of managing and growing the business independently.
- Operates from centrally located, fully fitted premises in the Midlands, with leasehold and freehold options available.
Financial Highlights
- Achieved turnover in excess of £1.75 million in YE25, with an adjusted EBITDA of £214k.
- Possesses assets including plant, machinery, equipment and vehicles collectively costing in excess of £950k.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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