Project Windfall

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Fortis Insolvency Limited has been instructed by the directors to assist in the sale of a computer facilities management business.

Due to the financial position, and several other circumstances associated with the company, it is anticipated that a sale of the business and/or assets may have to be completed through a formal insolvency procedure.


Background

Established in 2013, the Company operates a recycling and remarketing unit of IT equipment in the North West.

Business Highlights

• Turnover in draft accounts for the years ended 30 July 2022 of £1,919,549
• Gross profit of £1,283,858 for the year ended 30 July 2022
• Operating from leasehold premises

Services

• Information Technology disposal services (fully compliant with data destruction, GDPR & WEEE recycling regulations, Certification provided following destruction)
• Data Destruction services (Data Sanitation and physical shredding)
• IT Recycling Services
• IT Remarketing Services – once fully data cleansed, IT equipment can either be re-built & sold or stripped for full recycling and the parts sold.

Certifications:

• ISO 9001: 2015 Quality Management System
• ISO 27001: 2013 Information Security Management
• ISO 14001: 2015 Environmental Management
• ADISA ICT Asset Recovery Standard 8.0 IT Disposal and Data Management
• Environmental Agency – Registered Waste Carrier
• Cyber Essentials Certified
• Armed Forces Covenant Certification
• Good Business Charter Certification


Further Details

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


Contact Information

Amanda Slaney, Manager, Fortis Insolvency Limited

Tel:                         0161 694 9955

Email:                    amanda@fortisinsolvency.co.uk

Address:              683-687 Wilmslow Road, Manchester, M20 6RE


Deadline for Offers

Offers are required by 5pm on 18 May 2023.