Very profitable company exist of 22 staff in three locations in UAE and Europe. The company started in 2011 in design and manufacturing of heavy metal equipment for shipbuilding industry.
The company provides equipment by engineering all components according to customers requirements than partly producing in own house and partly with partners like machine shops and foundries.
Revenue and profit:
2011-Nov / 2012-Sep: Revenue 3,040,000 profit -1,022,000 AED
2012-Oct / 2013-Sep: Revenue 23,438,000 profit 4,198,000 AED
2013-Oct / 2014-Dec: Revenue 32,434,000 profit 11,667,000 AED
Projection for 2015 looks good and expect a slight growth.
The company has potential to grow to 75,000,000 AED in sales and 20,000,000 AED Profit
Few competitors in Europe.