One Of The Uk’s Most Established Renewable Energy Companies
manufacturing In The Uk Since 1978 for Sale
Leasehold : £ 1,400,000
Since 1993, the Group has operated from c.13, 000 sq. ft., which comprises a manufacturing facility, warehouse, test site, showroom and office space. Also on site is a separate machine shop facility of c.2, 000 sq. ft and adjacent to the main premises is a warehouse facility of c.5, 000 sq. ft.
These properties are owned by the three Directors and their current market value is estimated to be £1,200,000. This could be sold by separate negotiation if required.
One of the UK’s Most Established Renewable Energy Companies
Manufacturing in the UK since 1978
Location : Northamptonshire
Asking Price: £1,400,000 + Net Assets
(Current) Cash at Bank circa £1,600,000
Founded in 1978, the Company is a very well established renewable energy business and has been a pioneer in the industry, and almost uniquely, consistently and successfully responded to the variable market conditions that surround a nascent industry.
The Company’s proprietary brand of micro wind turbines is renowned worldwide, most prominently in the marine sector. Powerful, reliable and robust where other products fall short, the brand name is respected by many organisations including British Antarctic Survey, Highways England, Network Rail and many others. Sales exceed 100,000 units.
Taking advantage of market opportunities, the Company, via a separate but exclusively related entity, developed and brought to market another proprietary product which enables customers with installed micro generation equipment such as solar panels to automatically consume the excess energy that these devices generate thus allowing customers to take advantage of their energy production savings, by:
– reducing the cost of domestic water heating
– reducing boiler use
– maximising use of solar energy generated at a customer’s property.
This well known and highly successful product boasts in excess of 50% of the market’s installed PV power diversion devices. Since 2013, its brand-name has become commonly used to refer to power diversion devices by industry operators and is even referenced in government documents. Sales currently stand at over 64,000 units with many export markets remaining unexploited.
Alongside the Company’s own manufactured products, the Company enjoys long standing alliances with complementary reputable international manufacturers that the Company represents in the UK.
The Company is structured with a strong and experienced management team supported by a highly skilled loyal workforce, ISO9001 operations and fully computerised manufacturing, distribution and accounting software.
This innovative and market-leading Company presents with proven financial track record as an excellent opportunity for investors in an expanding and exciting market place. Interest is invited from forward thinking buyers ready to advance the business to the next level.
||The Company employs 21 x full-time staff, excluding the directors, who are all highly knowledgeable and experienced in their respective roles.
The Directors are generally responsible for overseeing the financial and technical aspects of the Company and are confident that these roles could easily be absorbed within a larger organisation post-completion and a replacement salary has been deducted, as one of the adjustments to the adjusted EBITDA figure given here.
Staff turnover is low, with the average length of service being >10 years.
The Group operates a culture of profit related pay to incentivise its employees.