NCMT Ltd
UK distributor of Japanese CNC machine tools (Okuma, Makino) and additive manufacturing solutions for metal cutting and grinding applications
- CEO / Founder
- Jonathan Smart
- Team Size
- 51-200
- Stage
- Established
- Total Funding
- $19M
- Latest Round
- Debt
- Key Investors
- Santander Corporate & Commercial; Management Buyout Team (2020)
Technology & Products
Key Products
CNC machine tools (turning, milling, multi-tasking, 5-axis); Makino grinding and EDM machines; Okuma LASER EX hybrid additive-subtractive platforms (laser metal deposition); Blue Photon UV workholding; automation solutions (pallet changers, gantry loaders); Tritone MoldJet metal/ceramic 3D printers (distribution partner)
Technological Advantage
60-year exclusive partnerships with Okuma and Makino; co-developed Viper Grinding process with Rolls-Royce and Makino; exclusive European distributor for Blue Photon workholding; exclusive UK/Ireland distributor for Tritone MoldJet AM technology; developed Easy Grind software used on Makino Viper machines globally
Differentiation
Value Proposition
Exclusive UK supplier of Okuma and Makino machine tools with 60+ years of application engineering, service, and turnkey manufacturing solutions
How They Differentiate
Exclusive access to two Japanese brands (Okuma + Makino) with 60-year relationships; technical co-development capability (Viper Grinding with Rolls-Royce); hybrid additive-subtractive solutions via Okuma LASER EX; proprietary Easy Grind software; full turnkey and automation integration
Market & Competition
Target Customers
Aerospace, automotive, medical, energy, defence, and subcontract precision manufacturers in the UK and Europe
Industry Verticals
Aerospace; Automotive and Motorsport; Energy; Medical; Defence; Mould & Die; Subcontract Manufacturing
Competitors
Kingsbury (UK CNC machine tool distributor); SYS Systems (UK additive manufacturing reseller); Livingston Machine Tools (Scottish CNC distributor)
Growth & Milestones
Growth Metrics
Revenue ~$26.3M (estimated); export business grew from £1.7M (2013/14) to £14M (2018); 112 employees on LinkedIn; 5,810 LinkedIn followers
Major Milestones
1964: Founded, became exclusive Makino UK distributor; 1976: Okuma dealership awarded; 1998: Viper Grinding launched; 2004: Easy Grind software developed; 2005: Viper Grinding licensed across Europe; 2015: Blue Photon exclusive European distribution; 2018: Queen's Award for Enterprise in International Trade; 2020: Management Buyout; 2024: £15M Santander refinancing; 2024: Tritone MoldJet distribution agreement; 2024: 60th anniversary; 2026: 50-year Okuma partnership celebrated
Notable Customers
Rolls-Royce (Viper Grinding co-development partner); EVTEC (EV manufacturing); BEL Engineering UK