BUSINESS AND ASSETS SOLD ENERGY SOLUTIONS COMPANY

The proposed Joint Administrators are seeking parties interested in the business and assets of a Company that trades as a provider of energy services to blue chip companies, including the design, manufacture and installation of on-site generation and energy efficiency solutions to commercial and industrial businesses.

Key Features

•   Based in the North West of England
•   1 staff member plus consultant (director)
•   4 current contracts held in pre-income, investment stage which are part completed
•   6 subsidiaries owned, where future income may be generated dependent on relevant contracts being completed
•   Significant funding required, in excess of £11m, in order to complete current contracts
•   Substantial pipeline of projects

Opportunity

•   Assets available for sale include:
•   Goodwill; and
•   Shares in Subsidiaries.

Offers

•   Indicative offers are required by 12:00 noon on 10 May 2021 with a view to completion shortly thereafter
•   All interested parties will be required to sign a non-disclosure agreement
•   Proof of funding in excess of funding requirements detailed above required prior to issuing of Company information.

Contact Details

Aslam Mulla
Leonard Curtis
Riverside House
Irwell Street
Manchester
M3 3EN
Aslam.mulla@leonardcurtis.co.uk
0161 831 9999