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Specialist Provider of NDT Services, Welding Procedures & Examinations for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/08/22

  • Advert ID

    498805

  • Reference

    152732 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: Price on Application
  • Turnover: £507,000 (£9,750 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A SPECIALIST PROVIDER OF NONDESTRUCTIVE TESTING SERVICES, WELDING PROCEDURES AND WELDING EXAMINATION

Turnover of £507k in YE23, with an adjusted EBITDA of £206k. Offers non-destructive testing services, including radiography, magnetic particle and liquid penetrant inspections, as well as alloy verification and ultrasonic testing. Also provides welding procedures and qualifications in accordance with BS EN 15614, BS EN 287 and ASME IX standards. Operates on a regional basis, working with clients throughout the east of England and the Midlands. Clients operate within the oil and gas, construction, petrochemical and automotive sport industries, with some relationships spanning 27 years.
Utilises an array of specialist, state-of-the-art equipment to facilitate its testing services. Benefits from UKAS ISO 17020 and 17024 accreditation. 
Strong team of NDT Inspectors in place that can undertake many daily operations with minimal oversight. Operates from purpose-built freehold premises that are owned by the company and included in the sale. Offered for sale to facilitate retirement plans.
Offers invited.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'A SPECIALIST PROVIDER OF NONDESTRUCTIVE TESTING SERVICES, WELDING PROCEDURES AND WELDING EXAMINATION - 152732 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.