Project Suspended | Business & Assets of Suspended Ceiling, Partitioning & Associated Trade Business

Information

Overview

• An opportunity to acquire an established suspended ceiling, partitioning and associated trade business based in Cumbria.

Business overview

• Well established business operating from modern premises.
• Dedicated workforce supplying the construction, retail and leisure sectors throughout the UK. Approx historic level of 10 employees on
• Company payroll, plus 10 sub-contractor employees.
• Excellent reputation and most customers are repeat clients.
• The Company has suffered a significant decline in trade since the start of 2026, which has resulted in an inability to service ongoing debt commitments.
• The main remaining ongoing contract is for labour only supply on a cost-plus basis.

Assets available for sale

• Due to the distressed financial position of the Company, the opportunity is an accelerated mergers and acquisitions process, to acquire the trade and assets of the Company.
• Freehold premises; comprising a modern detached 2-storey office accommodation (total area 1,600 square foot) with internal workshop (600 square foot), dedicated car parking spaces and a secure yard.
• Commercial vehicles; 3 unencumbered and 5 subject to hire purchase agreements.
• Office fixtures, fittings and a small amount of stock.

Profit and loss summary

• The firm’s recent financial performance is summarised as follows:

Deadline for offers

• All interested parties will be required to sign a non-disclosure agreement before further details can be provided, please request via holly.wood@armstrongwatson.co.uk.
• Final offers to be submitted by 4:30pm on 13 August 2026.