Plant Hire Business (“The Company”)

Description

This business has now sold.

Business

The businesses and assets of an East Midlands based plant hire business.

The Company is an established plant hire and machinery rental company and provides plant hire services to a range of local businesses.

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 Valuation Limited on behalf of the vendor.

Business Overview

• Leasehold Premises located in the East Midlands of England;
• UK Customer Base;
• Turnover £962,295 (12 months to 31 March 2017);
• Un-Encumbered Plant & Machinery;
• Encumbered Plant & Machinery.

High Level Financial Information

Figures taken from the Unaudited Financial Statements:

• 4/10/13 to 31/03/15:
• Turnover: £460,980
• Net Profit/(Loss): £83,778

• 12 Months to 31/03/2016:
• Turnover: £876,985
• Net Profit/(Loss): (£112,275)

• 12 Months to 31/03/2017:
• Turnover: £962,295
• Net Profit/(Loss): £28,776

Premises

The Company occupies premises in the East Midlands of England subject to a formal leasehold tenancy agreement.

Assets Available for Sale

• Plant & Equipment;
• Goodwill;
• Intellectual Property.

Deadline for Offers

Best and final offers no later than 12 noon on Friday 20 July 2018, all offers are to be supported by proof of funds.