BUSINESS AND ASSETS SOLDEcommerce 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.

Key Features

•   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

Opportunity

•   Assets available for sale include:
•   Goodwill
•   Plant & Machinery
•   Office Equipment
•   Debtors (encumbered)
•   Stock and Office Equipment

Offers

•   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

Contact Details

Joe Thompson
Leonard Curtis Business Solutions Group
Riverside House
Irwell Street
Manchester
M3 3EN
joe.thompson@leonardcurtis.co.uk
0161 831 9999