Business for Sale: Project Reynolds

Fourth generation professional auctioneers and valuers

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Offers by
12pm, 06/05/22
Telephone No.
01928 378014
Email
liam@dswrecovery.com

Introduction

Dow Schofield Watts Business Recovery LLP has been instructed
by the directors to assist in the sale of an engineering / steel
fabrication business based in North Wales.
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

Established for over 20 years, the Company specialises in steelwork
design, fabrication and installation, industrial pipework,
engineering maintenance and plant/machinery relocations for
commercial clients nationally.


Business highlights

• Turnover of £3.1m and £2.4m for the years ended 30 June
2020 and 30 June 2021 respectively
• Operating from leased premises in North Wales
• Established client base including long term contracts with
clients including food processors and water industry
businesses
• Workforce of 24 staff members with extensive engineering
experience


Deadline for offers

Offers are required by 12 noon on Friday, 6th May 2022.


Further details and contact information:

Further details will be supplied subject to the signing of a
confidentiality agreement.

Liam Comiskey
Tel. 01928 378014
Email. liam@dswrecovery.com
7400 Daresbury Park, Daresbury, Warrington, WA4 4BS

Further information to be supplied upon receipt of a signed NDA

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