BUSINESS FOR SALE | Project Spark: Designers and Manufacturers of Medical Equipment | Express Interest by 12 October 2018

Dow Schofield Watts Business Recovery LLP has been instructed by the Directors to assist in the disposal of a manufacturing and service business based in the North of England (“the Companies”). The business currently incorporates three separate legal entities.

Due to the financial position of the Companies, it is anticipated that a sale of the business and assets will be completed through formal insolvency procedures.

Entity 1
The Company’s business and its highlights include:

• Freehold premises of 350,000 sqm
• Turnover of £4.8m for the year ended 31 August 2016 and £5.7m for the year ended 31 August 2017
• Net assets of £2.2m as at 31 August 2017
• Industry specific Plant and Machinery
• Entity currently purchases parts and assembles the products for sale
• Wide customer base
• 35 Employees

Entity 2
The Company’s business and its highlights include:

• Turnover of £3.6m for the year ended 30 June 2018
• In house design engineers
• High quality parts manufacturer in line with British Standards
• 12 trained employees

Entity 3
The Company’s business and its highlights include:

• Turnover of £166k for the year ended 31 August 2017
• Net assets of £84k at 31 August 2017
• External servicing completed for anesthesia machines

Deadline for offers:
Offers are required by 17.00 on 12 October 2018

Further Details and Contact Information:
Amy Lowden
7400 Daresbury Park
Daresbury
Warrington WA4 4BS
Tel: 0844 776 2740
Email: amy@dswrecovery.com