Project Heat is an opportunity to acquire the Trade and Assets of an air heater manufacturing company based in Northern England. The business undertakes work within wide range of sectors, including industrial and leisure

Key Features

•   Established manufacturer of direct and indirect fired heater units.
•   A wide ranging customer base in multiple industry sectors.
•   Customer focussed, with tailor made systems implemented for specific customer needs and requirements.
•   Turnover c. £1.27m for the 9 months ending March 2022 and c. £1.35m for the year ending June 2021 (pre-Covid turnover £1.9m (2019) and £2.3m (2018)).
•   Substantial order book / pipeline c.£600k of which c.£350k to be undertaken in next 12 weeks.
•   Experienced workforce.
•   13 permanent employees; 3 office staff, 2 Managerial, 7 factory/fitters, 1 on notice.
•   Freehold industrial property comprising 2 separate units with outside storage / parking. Both units comprise factory and office space. Site area 0.91 acres (1 unit is sub-let to 31 July 22).


•   Indicative offers are required by 5pm of Friday 13th May 2022, with a sale concluded by no later than 3pm on Thursday 19th May 2022 and therefore only parties that are able to work within this time frame should respond. We reserve the right to close the bidding early or extend the deadline, without liability or advance notice.
•   All interested parties will be required to sign a non-disclosure agreement.
•   Proof of funding is required prior to acceptance of any offer

Contact Details

Melissa Smithers
Leonard Curtis
9th Floor
7 Park Row
0113 3238890