BUSINESS AND ASSETS
SOLD – Ecommerce Retailer, Wholesaler and Manufacturer Of Art & Stationery Materials
The proposed Joint Administrators are seeking parties interested in the business and assets of two connected companies. They trade as a seller of artist materials, primarily to individual consumers and art clubs in addition to being a wholesaler and manufacturer of art materials including their owned brands, selling to online and high street retailers as well as independent specialist stores.
|
•
|
Based in the Midlands and North West of England:
|
|
•
|
52 staff over both Companies:
|
|
•
|
Current combined turnover of c.£6m:
|
|
•
|
Large individual consumer database
|
|
•
|
B2C e-commerce retailer
|
|
•
|
Retailer of own brand and third-party brands
|
|
•
|
Large individual consumer database
|
|
•
|
B2B wholesaler, manufacturer & distributor
|
|
•
|
Manufacturer of their own brands and customer white label products
|
|
•
|
Selling to online retailers as well as national high street customers
|
|
•
|
Accreditations held
|
|
•
|
Customer base of c.300
|
|
•
|
Assets available for sale include:
|
|
•
|
Goodwill
|
|
•
|
Plant & Machinery
|
|
•
|
Office Equipment
|
|
•
|
Debtors (encumbered)
|
|
•
|
Stock and Office Equipment
|
|
•
|
Indicative offers are required by 12:00 noon on Thursday 30 June 2022 with a view to completion shortly thereafter
|
|
•
|
All interested parties will be required to sign a non-disclosure agreement
|
|
•
|
Proof of funding required
|
|
Joe Thompson
|
|
Leonard Curtis Business Solutions Group
|
|
Riverside House
|
|
Irwell Street
|
|
Manchester
|
|
M3 3EN
|
|
0161 831 9999
|
joe.thompson@leonardcurtis.co.uk
