BUSINESS & ASSETS FOR SALE | Specialists in Surface Treatment and Coating Application at Height

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BUSINESS AND ASSETS FOR SALE
An opportunity arises to purchase the business and or assets of a Company which specialises in surface treatment and coating application at height and additionally offers onsite training in this sector. Due to the financial position of the business, the purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement.

OVERVIEW OF BUSINESS/KEY FEATURES
The Company operates from leasehold premises located in the North East of England but has strong customer relationships across the UK
The Company typically operates in the following sectors: Civil Infrastructure, Renewable Energy, Petro Chemical, Oil & Gas and Nuclear
The Company also offers a range of training courses with its own on-site training facility
The Company primarily uses a subcontracted workforce and has just 4 full time employees (including 1 Director) and 1 part time employee
The Company holds ISO9001 and ISO45001 certification as well as several industry certifications such as IRATA operator and trainer membership, Constructionline Gold and ‘Train the Painter’

FINANCIAL INFORMATION

Balance Sheet Profit & Loss Account
Year to Oct 2020 Period to Aug 2021 Year to Oct 2020 Period to Aug 2021
Fixed Assets £10,823 £11,925 Turnover £520,488 £523,822
Current Assets £142,799 £64,179 Gross Profit £174,230 £121,399
Creditors -£153,152 -£155,974 GP% 33.47% 23.18%
Overheads -£97,644 -£201,739
Net Assets £470 -£79,870
Net Profit/(Loss) £76,586 -£80,340

ASSETS FOR SALE

  • Plant and Machinery
  • Goodwill and Website
  • Access equipment, incl helmets, ropes, etc.
  • Fixtures & Fittings
  • Computer Equipment
  • 4m*5m blast & spray booth

EXPRESSIONS OF INTEREST
All expressions of interest should be made to Adam Horan at KBL Advisory Ltd by 5:00pm on 06 May 2022.

A purchaser must be able to complete immediately. Proof of funding is required.

FOR FURTHER INFORMATION PLEASE CONTACT:
Adam Horan
KBL Advisory Ltd
Tel: 0161 637 8100
Email: [email protected]