CNC machining business manufacturing products for automotive, industrial and mining sectors. Turnover £13m Headcount 134

Business Situation

With heavy reliance on revenues from just two key customers both with limited growth potential, and future opportunities thin on the ground, the company had become trapped.  The leadership team were technically strong but their individual perspectives on the business were misaligned and some thought working on a company strategy would be a waste of time.

Advisory appointment

A clear direction for the business was established which enabled diversification and revenue growth in new sectors and de-risking the long-term future of the business. A new leadership team and organisational structure was aligned to deliver the strategy. Key business capabilities, such as marketing and sales, were developed to support growth from £10.9m to £14m over a three-year period.