Gallito Group Ltd – In Administration
Urgent interest sought for the acquisition of a specialist manufacturer of spray booths and surface preparation equipment for a wide range of industrial applications.
Offers By
26/05/2022 12:00 pm
Location
Wetherby, Yorkshire
07545 320045
Information
Overview
- Gallito Limited design and manufacture supply only and full turnkey surface preparation solutions
- Bespoke product manufacturing to meet customers specific requirements
- The business operates from a leasehold premises in Wetherby, West Yorkshire. One year is remaining on the current lease
- A number of repeat customers and resellers of Gallito products
- Skilled and experienced workforce Financials
- The business has provided financial information for the 9-month period to 30 September 2021
- £1.079 million revenue has been generated for the 9 month period, achieving a gross margin of 23%
- Recent trading results have been affected by performance of onerous contracts
Asset Base
The business utilises modern (Computer Numerical Controlled (CNC) laser cutting and folding machinery, including:
- 2kW fibre laser (2015)
- 4m 250t hydraulic press brake (2019)
- 3m 100t hydraulic press brake (2015)
- Wider manufacturing and warehouse equipment also available
- Machinery is from highly reputable suppliers and can be used for a variety of purposes
- Sheet metal and finished good stock available
Next steps
- Expressions of interest are required by close of business on 25th May 2022 with indicative offers by close of business on 26th May 2022
- For further information please contact Grant Thornton using the details below
Enquiries should be directed to:
Richard Oddy
Director
M: +44 (0)7812 347936
E: Richard.n.oddy@uk.gt.com
Mathew Jagger
Assistant Manager
M: +44 (0)113 245 5514
E: Mathew.t.jagger@uk.gt.com
