Household Textiles / Bedding

SORRY THIS BUSINESS HAS ALREADY BEEN SOLD

Business Opportunity - Household Textiles / Bedding

We are instructed to invite offers for the total assets of a household textile/bedding company which is expected to shortly enter into administration.

We are instructed to invite offers for the total assets of a household textile/bedding company which is expected to shortly enter into administration.

The primary physical asset class is stock, all of which is held in a fulfilment warehouse. The bulk of the stock was manufactured overseas to the company’s specification.

The company has no trading premises and only employs four people including directors, all of whom work from home. As a result the only physical assets other than stock comprise a small number of computers located at the homes of employees.

The company also own intangible assets including a website, trading names, brand names and related assets.

The latest inventory shows stock with a cost price of a little under £500,000. It should be noted that suppliers are owed a combined total of approximately £450,000 and we are uncertain whether they will pursue a claim on stock or not.

The guide price is £100,000 and at this stage we are only seeking offers for the company’s assets in their entirety, which means we will not consider piecemeal offers for stock.

Interested parties should contact jonathan@robsonkay.co.uk requesting an NDA. Please note we will only deal with principals, not agents – any party making an enquiry must make clear who they are and provide proof of funds. We will then release a pack with further information.

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