Business Offered for Sale: Specialist Manufacturer and Installation Contractor of Heat Transfer Technologies and Energy Services (“the Company”)

Description

Business Opportunity:

An opportunity exists to purchase the business and assets of a leading UK specialist manufacturer and installation contractor of heat transfer technologies and energy services .

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.

Business Overview:

• Established business
• Excellent and long standing customers relationships
• The Company has three principal product lines:
  • Thermal Oxidizers F
  • Fire Training Equipment
  • Liquefied Natural Gas vaporisers
• Significant ongoing work in progress
• Significant pipeline of new business opportunities

Financial Information:

Year Ending 31/12/20:

• Turnover – £4,225,280
• Gross Profit – £1,249,092
• Net Profit/(Loss) – £10,026

Year Ending 31/12/21:

• Turnover – £3,282,053
• Gross Profit – £1,270,218
• Net Profit/(Loss) – £(344,647)

Assets Available for Sale:

• Goodwill
• Client Base
• Work in Progress
• Pipeline of Potential Orders
• Inventory of owned office equipment, plant and machinery
• Leasehold premises

Location:

North of England, UK.

Deadline for Offers:

Indicative offers no later than 22^nd May 2023, all offers to be supported by proof of funds.

Further Information:

For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 359 4633.