For Sale Well-Established Marine Engineering Business

NORTHERN ENGLAND

Generated a turnover of £250k in YE18 and is projected to achieve a turnover exceeding £500k in YE19. The multiple award-winning company is a world-leading provider of port safety solutions that specialises in safely testing, with its patented system, the capability and strength of critical structural equipment in ports, harbours and shipyards, whilst affording its blue-chip clients with optimal asset management. Maintains an active work book and has tendered for circa £580k in contracted projects. Presently serves 10 active clients which includes a range of blue-chip port operators, harbour commissioners and energy parks. Operates globally, with an ever-expanding strategic network of licensed OEM approved service contractors in Nigeria and Germany, with agents also covering Colombia, Mexico, Venezuala, Trinidad and Tobago, South Korea and the GCC comprising; Bahrain, Kuwaut, Oman, Saudi Arabia and the UAE. 55% of income is generated through exported sales. Strong second-tier management team in place that holds circa 30 years’ combined experience. Operates from leasehold premises in the north of England. Offers invited.