Taziker restruture to return to profitability after £1.2m loss

Multi-disciplinary engineering specialist Taziker Industrial suffered a £1.2m pre-tax loss last year that prompted the previous founders to buy back a controlling stake in business from its private equity owners.
The ownership change back to Thomas Taziker, Nigel Taziker and Graham Moor agreed in October 2023 also deleveraged the business and prompted a strategy rethink away from a path of diversification and rapid growth.
While the previous growth drive doubled the size of the business in