Acquisition Opportunity - Project Oslo

ServicesFinancial advisoryRestructuring and insolvencyRestructuring AdvisoryAccelerated Mergers and AcquisitionsLive acquisition opportunities

Acquisition Opportunity - Project Oslo

Mazars LLP are seeking potential investors/purchasers for a Bedfordshire-based designer and manufacturer of OEM certified, high quality GSE equipment.

Background

  • The Company is a key player in the aviation sector, supplying clients across the UK, EU and beyond through the design and manufacture of industry compliant, high quality GSE equipment, specialising in the supply of Safran & CFM engine tooling and engine stands. 
  • Offering over 1,000 products, including 700+ engine tools and 300+ aircraft tools to more than 2000 customers including 200+ airlines. 
  • Incorporated in 1966, the Company has a proud history and operates from its recently refurbished leasehold premises in Bedfordshire. 
  • The Company employs a total of 46 people.
  • Principal assets comprise leasehold properties, plant & machinery, stock, manufacturing knowledge and expertise.

Financial highlights 

£

FY19

FY20

FY21

FY22 (MI)

YTD (MI 6m)

Turnover 

4,557,490

3,018,219

3,230,894

4,291,279

1,519,929

Gross Margin 

43%

26%

22%

36%

3%

EBITDA

1,155,022

375,868

(271,468)

65,457

(849,063)

Tangible assets 

765,364

621,463

728,078

1,278,482

1,246,283

Stock 

1,503,258

1,770,672

1,770,672

2,325,152

2,268,614

Debtors 

506,139

487,174

661,567

665,540

363,486

Cash at bank and in hand 

1,421,379

1,223,226

641,850

227,372

70,922

Key selling points

  • Well established reputation in the industry.
  • State of the art C.N.C machining centres.
  • Located in one of UK’s aviation hubs.
  • Certified CFM licensee.
  • Experience and skilled workforce.

Next steps

Further information will be available on request and will be provided upon receipt of a signed non disclosure agreement. Marketing is being undertaken via a compressed timetable and as such offers should be submitted along with proof of funding as soon as possible and no later than 12 May 2023 with a view to completing a transaction by 19 May 2023.

Key contact