BUSINESS AND ASSETS SOLD – Ecommerce 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.
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Based in the Midlands and North West of England:
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52 staff over both Companies:
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Current combined turnover of c.£6m:
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Large individual consumer database
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B2C e-commerce retailer
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Retailer of own brand and third-party brands
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Large individual consumer database
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B2B wholesaler, manufacturer & distributor
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Manufacturer of their own brands and customer white label products
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Selling to online retailers as well as national high street customers
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Accreditations held
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Customer base of c.300
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Assets available for sale include:
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Goodwill
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Plant & Machinery
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Office Equipment
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Debtors (encumbered)
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Stock and Office Equipment
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Indicative offers are required by 12:00 noon on Thursday 30 June 2022 with a view to completion shortly thereafter
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All interested parties will be required to sign a non-disclosure agreement
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Proof of funding required
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Joe Thompson
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Leonard Curtis Business Solutions Group
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Riverside House
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Irwell Street
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Manchester
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M3 3EN
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joe.thompson@leonardcurtis.co.uk
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0161 831 9999
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