Expressions of Interest: 11 January 2019
Featured Items to be added soon.
- An opportunity exists to purchase the share capital or business and assets of this market leader in
the design and manufacture of gardening and lifestyle products, based in the South West and the West Midlands.
- Due to the financial position of the company, a purchase of the business and assets will be executed
at the earliest opportunity and will be either concluded via a share sale or, should this not be possible
given the existing time and financial constraints, by way of a sale following the appointment of Administrators.
- All interested parties will be requested to sign a non-disclosure agreement and specifically deal with
the representatives of Duff & Phelps Ltd.
- The company is a UK market leading manufacturer of quality garden wear, kids gardening and accessories
who conducts its business online with a strong national profile.
- There are 33 employees located at the trading addresses, with a product development team working
alongside a sales team dedicated to providing customer advice and technical support.
Other operating income
Fair value movements
As at 30 June 2017:
Cash and cash equivalents
The company operates from leasehold head offices and warehouse premises in Somerset and Kidderminster.
• Book debts
• Interest in leasehold premises (insofar as they are transferable)
• Fixtures & fittings, including IT and office equipment
• Plant & machinery
• Goodwill and IPR
- All expressions of interest should be sent by close of business on 11 January 2019
- All offers are to be with Duff & Phelps by close of business on 18 January 2019
- All offers should be supported by proof of funding and no late offers will be accepted
- A purchaser must be able to complete immediately. Payment must be made in full on completion
Subject to availability
• Removal Deadline: TBD • Removal Hours: Monday – Friday 8:00 AM – 4:00 PM Local Time • Standard Removal Terms • Riggers/Buyers who want to operate machinery on site must provide sufficient insurance • Pre-Qualified Riggers: Will be listed as received