CONFIDENTIAL
FOR SALE
659641
159722 / Rightbiz
UK-Based
The company offers a range of services for engineering systems, including hydraulic system design and build and hydraulic and electrical integration; control system design and panel build; remote system monitoring and IoT integration; mechanical design and 3D CAD services; manufacture of designs and installation of equipment; and project management and control.
The company has a wealth of in-house experience with complex projects that provides a competitive edge within the market and has enabled it to build a strong network of clients that provide repeat business.
Our client is now offering the company for sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Has completed a range of prestigious projects, including rig conversions and builds, major controls works, and dock engineering.
- Benefits from a wide-ranging and diverse international clients base, with clients in the UK, USA, and Europe.
- Ongoing contract in place with a USA-based client that provides repeat revenue.
- Extensive growth plan in progress that includes becoming a product supplier for several manufacturers, expanding the team, and bringing a range of services in house.
Financial Highlights
- Achieved a turnover of circa £814k in YE26, with an adjusted EBITDA of £237k.
- In the process of closing a contract for a dock engineering project worth £2.1m.
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
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