Price Reduced
This company is based in Manchester and specialises in the manufacture of bespoke combustion systems. The business began in 2001 selling incineration equipment to the animal processing industry. Over the ensuing years the company has dramatically expanded its customer base, supplying to many establishments such as hospitals, veterinary research centres, pet crematoria, agricultural establishments, defence procurement companies and government departments, as well as retaining its original private sector customers.
Over the last seven years, the company has become the largest supplier of both pet crematorium and mid range animal remains incinerators in the UK and is recognised as foremost supplier of large scale plant. The company has recently supplied the Defence Ministry with equipment constructed to the latest EU Waste Incineration Directive. It has numerous customers with orders ranging from £10,000 to £450,000 in value. The company achieved sales of £981,000 in year to March 2007 with an adjusted operating profit of £137,000. It operates from leased premises of 3,500 sq ft, which are augmented when large furnaces are being built with local short-term rented premises.
The company has a full order book, with expanding opportunities, created by increasing landfill taxes, landfill limitations, increasing bio security measure, necessitating total destruction, and the opportunity to develop waste to energy facilities to minimise carbon emissions.
The company is offered for sale, subject to contract, at a Guide Price of £350,000.
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