Accelerated Business Sale: Lincolnshire Based Non-Destructive Testing Provider

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Information

Business for Sale

Opportunity to purchase a Lincolnshire based business that specialise in Non-Destructive Testing (“NDT”) solutions for a wide range of industries.

Overview

Lewis Business Recovery and Insolvency and BPI Asset Advisory have been engaged in the sale of a business that carries out NDT inspection works for a wide range of industries.

Assets available for sale include chattel assets and the goodwill of the business.

Furthermore, the company has a skilled workforce who each have expertise in their individual roles.

For the financial year ended 31 January 2022, the Company achieved a gross profit of £195k on turnover of £1.2M, resulting in a net loss of £142K, during the same period.

In the year to 31 January 2021, the Company achieved a gross profit of £200k on turnover £780K, resulting in a net loss of £23K, during the same period.

Sale Process

A Non-Disclosure Agreement will be required prior to any further information being provided.

Offers for the purchase of the business and / or its assets need to be sent to BPI Asset Advisory by 30th June 2022, together with evidence of funding.

To protect the company’s goodwill and trade, it is proposed that any sale will need to be completed by 5th July 2022, and as such this opportunity is only likely to be available for a short period of time.

For further information please contact:

BPI Asset Advisory

Andrew Cromack MRICS

Office: 01924 245 040

Mobile: 07545 320045
Email: andy@bpiaa.com

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