
Business & Assets of Construction Company
BPI Asset Advisory is urgently seeking expressions of interest in the Business & Assets of a Construction Company.
BPI Asset Advisory is urgently seeking expressions of interest in the Business & Assets of a Construction Company.
Background
The Company operates from premises in the North of England which is occupied on 30 day rolling lease. The business has continued to attract new work through customer recommendations as a result of its high standard of work achieved.
The Company has only one employee, being the director, and operates solely with known and recommended sub-contractors to undertake and complete contracts. It has two ongoing contracts which will shortly be completed and has a pipeline of future work.
Financial Highlights
2024 – Turnover £386,695 – Loss £36,487
2023 – Turnover £249,430 – Loss £24,788
2022 – Turnover £449,912 – Loss £70,600
2021 – Turnover £478,016 – Profit £20,009
Current Position
The Company’s performance has suffered from overrunning and lossmaking contracts leading to cashflow difficulties and the Company falling behind on its liabilities and particularly HMRC.
Management believe the business has potential, however if is not able to service the historic debt it has incurred.
Offer Deadline: We are requesting indicative proposals, supported by proof of funding, by no later than 4pm (GMT) on 31 July 2025 with the view to completing a sale of the Company’s business and assets as soon as possible thereafter.
Interested Parties
For further information, and to receive an NDA please email carol.allen@bpiaa.com
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