BUSINESS AND ASSETS FOR SALE – NON-DESTRUCTIVE TESTING AND MANPOWER SERVICES

Fourth generation professional auctioneers and valuers

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For further information please contact
Adam Horan
Telephone
0161 637 8100
Email
Adam@KBL-Advisory.com
Offers to be made by
5pm, 13th January 2022

BUSINESS AND ASSETS FOR SALE – NON-DESTRUCTIVE TESTING AND MANPOWER SERVICES

BUSINESS OPPORTUNITY
An opportunity arises to purchase the business and or assets of a Company which specialises in non-Destructive Testing (“NDT“) and manpower services. 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 of England but has strong customer relationships across the UK and overseas
• The Company employs 7 members of staff which includes 2 Company directors;
• Current turnover run rate of c£40,000 per month based on average of 9 months to December ‘21

Profit & Loss Account   Balance Sheet
9 months to December 2021   Year End to 31 March 2021
Turnover£398,928   Fixed Assets£51,596
Gross Profit£283,826   Current Assets£39,487
GP %71%   Creditors£(390,843)
Overheads£(256,746)
Net Profit£27,754   Net Assets£(299,747)

ASSETS FOR SALE
• Trade Debtors of c£66,000 (subject to an IF
facility)
• Order Book, Ongoing Contracts, Customer List
• Goodwill, IPR and Website
• Plant & Machinery
• Motor Vehicle
• Fixtures & Fittings
• Computer Equipment

EXPRESSIONS OF INTEREST
All expressions of interest should be made to Adam Horan at KBL Advisory Limited by 5pm on 13 January 2022. A purchaser must be able to complete immediately. Proof of funding is required.

For further information please contact:
Adam Horan
KBL Advisory Limited
Tel: 0161 637 8100
Email: Adam@KBL-Advisory.com

WORTH House,
Unit 32,
Stanley Road,
Whitefield,
Manchester
M45 8QX

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