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Airframe Repair And Structures Workshop In Belfast
Belfast, County Antrim, Northern IrelandIdentity protected
Available
About this business
Trading since 2013, this Belfast workshop repairs and manufactures airframe structures, including panels, doors and fairings, for aircraft operators and larger repair organisations. It owns a freehold building in a suburban area, with 10 people on the payroll. Turnover has fallen gradually since 2021, from £1.48m to £1.30m, and EBITDA from £238k to £199k, though margins have held at around 15%. The property, jigs and tooling would pass to the new owner with a skilled team, though new customers are needed to reverse the decline.
Key investment highlights
- Freehold building in a suburban area
- Margins held at around 15%
- Team of 10 skilled fitters
- Trading since 2013
Reason for sale
The directors are retiring and have chosen to sell rather than wind down.
One thing worth reading before you enquire
Worth a lookRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionWorth a look
Turnover is flat year on year but sits -12.0% below its 2021 peak.
- 2021: baseline
- 2022 (-4.6%)
- 2023 (-1.4%)
- 2024 (-1.8%)
- 2025 (-3.7%)
- 2026 (-1.1%)
- Peak 2021 to latest 2026: -12.0%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.