Sold

Details

Offers are invited for the purchase of the Company’s Business & Assets

Staff : The Company currently employs 6 members of staff including : Technical/Production Operatives – 4.  Management/Administration – 2

Premises : The Company operates from two leasehold units, each leased for a term of 7 years from 2020 and 2021, with an annual rent per unit of £25,740

Assets : The Company utilises  a range of plant, machinery, manufacturing and handling equipment as well as office furniture and business equipment.  The Company also operates two vehicles

Customers : Wholesalers, distributors and retail consumers via the company’s own websites

Management

accounts

 

 

£

Statutory accounts year

ended 28 February 2021

£

Statutory accounts year

ended 28 February 2020

£

Statutory accounts year

ended 28 February 2019

£

Turnover 1,038,398 1,045,868 887,673 884,786
Gross Profit 299,724 172,586 233,153 215,054
Operating Profit/(Loss) (167,691) 21,249 (13,868) (16,577)
Net Profit/(Loss) before tax (175,817) 13,920 (22,724) (31,332)
EBITDA (138,918) 42,890 10,399 13,124
Viewing Details

Expressions of interest are invited with offers to be submitted by 5pm on Wednesday 11 May 2022 to Paul Cooper ([email protected])

Location

Lincolnshire

Status

Sold

Method

Business for Sale

Bidding ends

Ref

698.0063A

Category

Business & Trading Assets

Call +44 (0)345 130 3332 to request a viewing