Dow Schofield Watts Business Recovery LLP has been instructed to assist in the sale of a business specialising in the manufacture and engineering of metal products.
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 Company is based in the North West and has been operating for over 10 years.

The business operates a wide range of fabrication and engineering services including:

• Welding & Fabrication
• Fibre Laser Cutting
• Press Braking
• CAD/CAM Capabilities
• Robotic Welding

Business Highlights:

• Turnover of £3.14m for year ended 30 April 2018 (£1.8m for 9 months ended 30 April 2017)
• Net assets of £1.93m for year ended 30 April 2018 (£1.49m for 9 months ended 30 April 2017)
• A workforce of 26 multi-disciplined employees
• Leasehold premises (circa 20,000 sq ft)

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

Deadline:
Offers are required by 17.00 on 05 October 2018

Contact Details:
Fiona Rae
7400 Daresbury Park, Daresbury, Warrington WA4 4BS
Tel: 0844 776 2740
Fax: 0844 776 2741
Email: fiona@dswrecovery.com

Katie Smith
7400 Daresbury Park, Daresbury, Warrington WA4 4BS
Tel: 0844 776 2740
Fax: 0844 776 2741
Email: katie@dswrecovery.com