Steel stockholding and processing operation – North East
Financial Highlights
- Strong financial profile with turnover peaking in 2021 at £2.7m showing the companies capabilities.
- With the contraction of the wider steel Industry the company has remained profitable with gross profit of £407k and turnover of £1.1m in 2024.
- The company has the capacity and systems in place for increased turnover without proportionate increases in overheads as market conditions take an upward trajectory.
Overview
- Based in the North East of England, this established steel stockholding and processing operation supplies a wide range of steel products to commercial and industrial customers across multiple sectors.
- The business offers stockholding, cut-to-size and processing services, supporting both repeat trade supply and project-based requirements with flexibility in order size and specification.
Key Highlights
- Long-established operation with a reputation for reliable supply and service, supporting a high level of repeat customer trade.
- Broad range of steel stockholding and processing capabilities, serving commercial and industrial requirement.
- Diversified customer base across construction, fabrication, agricultural and general engineering sectors.
- Established operating platform with experienced staff and infrastructure in place, supporting continuity and scalability under new ownership.
- Established cost base and operational capacity retained, providing scope to increase turnover without proportionate increases in overhead as market conditions take an upward trajectory.
Basis of Sale
- 100% share capital.
- Leasehold premises available, pending agreement.
- Interested parties will be required to sign an NDA.
