Sumac Precision Engineering Limited

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Sumac Precision Engineering Limited - overview

Established

1995

Location

Weymouth, -, UK

Primary Industry

Business Support Services

About

Sumac Precision Engineering Limited specializes in precision engineering and manufacturing, offering bespoke solutions for complex CAD components across various sectors including defence and aerospace. Founded in 1995, Sumac Precision Engineering provides high-quality precision engineering services. The company has not undergone significant pivots in its business strategy or operations and does not have known subsidiaries or parent companies. Specific global office locations are not detailed, and information regarding the founder is not available.


The company has completed several funding rounds, with the latest round contributing to its overall capital. Sumac Precision Engineering specializes in providing value-driven precision engineering and manufacturing services, primarily focusing on the production of complex CAD components and bespoke engineering solutions. Their offerings include a wide range of services such as welding, fabrication, profiling, milling, turning, laser cutting, inspection, and assembly. Each service is designed to address specific engineering challenges faced by clients across various industries, including defence, renewable energy, aerospace, medical, audio, and leisure sectors.


Sumac's highly skilled workforce is equipped to manage projects of varying scales, from one-off custom designs to large-scale production runs, ensuring that all work meets stringent quality and finish specifications. The company serves a diverse client base, including OEMs and manufacturers, and operates in geographical markets encompassing the UK and potentially other European and international markets. Sumac Precision Engineering operates on a business-to-business (B2B) transaction model, primarily serving industrial clients who require precision engineering services. Transactions typically occur on a project basis, with clients engaging Sumac for specific engineering solutions that can vary in complexity and volume.


The company's revenue structure is based on customized contracts that delineate the scope of work, timelines, and pricing agreements tailored to meet client requirements. This may include fixed-price contracts for specific projects or ongoing partnerships for scheduled production runs. While specific pricing plans are not disclosed, the company's offerings are built around delivering high-quality engineering solutions that align with the operational needs of their clients, thereby fostering long-term relationships in the sectors they serve. Currently, details regarding upcoming new products or specific plans for geographic expansion are not available.


Recent funding has been allocated to support the development of engineering solutions tailored to the evolving needs of their client base.


Primary Industry

Business Support Services

Sub Industries

Business Support Services, Engineering

Website

www.sumac.co.uk

Total Amount Raised

Subscriber access only

Sumac Precision Engineering Limited - timeline of key events

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Sumac Precision Engineering Limited - financials

Fiscal Year EndedSep 30, 2018Sep 30, 2019Sep 30, 2020Sep 30, 2021Sep 30, 2022Sep 30, 2023
Revenue (USD)8,963,9558,824,5896,836,441---
% Revenue Growth (YoY)-(1.6%)(22.5%)---
EBITDA (USD)1,025,598894,143434,350---
Operating Income (USD)636,634494,057122,918---
Operating Margin7.1%5.6%1.8%---
% EBITDA Margin11.4%10.1%6.4%---
NET Income (USD)547,548618,52770,002---
% Net Margin6.1%7.0%1.0%---

Sumac Precision Engineering Limited - employee data

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