ACQUISITION OPPORTUNITY – Project Minerva
Fourth generation professional auctioneers and valuers
Introduction
Dow Schofield Watts Business Recovery LLP has been instructed by the board of directors to assist in the sale of a business specialising in the production of premium quality and bespoke handcrafted ranges of Fine Bone China.
Due to the financial position of the company, it is anticipated that a sale of the business and assets will be completed through a formal insolvency procedure.
Background
The business provides luxury and bespoke collections of tableware and household accessories crafted from premium Fine Bone China. The business prides itself in its production of expertly handcrafted and decorated products, having collaborated with iconic interior designers and leading names in the hospitality sector.
With an in-house design studio and a highly experienced team, the business works closely with its clients throughout all stages of production, from the initial conception of coasting and fettling to the final stages of biscuit kiln firing, glazing and hand applied decoration.
Business Highlights
- Turnover of £2.3m for the year ended 31 March 2024
- Turnover of £1.3m and £1.1m for the years ended 31 March 2023 and 31 March 2022
- Long established business
- Highly regarded with an excellent customer base
- Supporters of British industry with all materials being responsible and locally sourced whilst also reducing carbon footprint
- Expertly skilled workforce
- Based in Stoke-on Trent
Deadline for Offers
Offers are required by 5pm on 2 March 2026.
Further Details and Contact Information
Further details will be supplied subject to the signing of a confidentiality agreement.
Kerry Grice
Tel: 01928 378014
Email: kerry@dswrecovery.com
Ben Barrett
Tel: 01928 378014
Email: ben@dswrecovery.com