Acquisition Opportunity: Project Milan

Fourth generation professional auctioneers and valuers

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Offers by
5pm, 23/09/22
To be addressed to
Sarah Bates (KBL Advisory Limited)
0161 637 8100

The opportunity to acquire the business and / or assets of a company
which operates in the design and production industry, specialising in
events, exhibitions and interiors.


Project Milan develops its clients’ commercial interiors or event / exhibition strategy,
lead or partner in the creative process and manage the delivery of the project /
This includes all aspects of a project including conceptualisation right through to
bespoke joinery, fitted and loose furniture, boutique fit out, to full roll out at scale.
Project Milan operates in the B2B market only.

Key features

• Turnover of £4.75m in the year to 30 June 2022.
• Strong customer relationships across the United Kingdom.
• Experienced workforce comprising 55 members of staff and two directors.
• Leased premises in the Midlands.

Assets for sale

• Goodwill
• Website
• Plant and machinery (industrial woodworking machinery)
• Computer equipment
• Fixtures and fittings
• Trade debtors
• Order book, ongoing contracts and customer list

Summary Financial Information

£’000FY20 ActualFY21 ActualFY22 Draft
Income Statement
Gross Profit Percentage29%(3%)17%
Statement of Financial Position
FIxed Assets1,3921,392236
Current Assets9389901,380
Net Assets463(347)(828)


Further information can be obtained from KBL Advisory on completion of a standard
non-disclosure agreement.
KBL Advisory is requesting indicative offers, supported by proof of funding, by 5pm on
Friday 23 September 2022, with a view to completing a transaction as soon as possible
thereafter. We reserve the right to close the bidding process early or extend the
deadline for indicative offers without liability or advanced notice.

All correspondence in relation to this opportunity should be directed to KBL Advisory as

Sarah Bates
KBL Advisory Limited
Tel: 0161 637 8100