Business Sales
NEW INSTRUCTION
Project Star
By order of the Directors
Location: UK
Offers Invited: Immediately
BACKGROUND
An opportunity exists to acquire the business and assets of a highly regarded UK-based specialist provider of print finishing services.
An opportunity exists to acquire the business and assets of a highly regarded UK-based specialist provider of print finishing services.
BUSINESS OVERVIEW
- One of the only remaining operators in the UK print finishing sector, the Company offers a variety of premium print finishing including embossing, laminating, varnishing, and producing custom folders, wallets, other paper goods, and eco metallised papers.
- Operates from three factories in the North, Midlands and the South.
- Primarily operates in the publishing, multimedia, and packaging markets and works directly with customers throughout the production process.
- Experienced workforce of c.77 employees responsible for delivering high-quality products to customers.
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a highly-regarded and well recognised brand in the print finishing sector.
- Three strategic locations to provide coverage across the UK.
- Offers are invited for the business and assets of the Company. Other reasonable deal structures will be considered.
FINANCIAL HIGHLIGHTS
| P&L y/e 31st December £m | FY22 ACT | FY23 ACT | FY24 ACT | FY25 ACT |
| Revenue | 10.1 | 9.8 | 11.2 | 11.1 |
|
Cost of sales |
(6.9) | (6.5) | (7.0) | (7.0) |
| Gross Profit | 3.3 | 3.3 | 4.2 | 4.2 |
| Op. Profit | 0.4 | 0.1 | 0.5 | 0.6 |
| Net profit | 0.3 | (0.1) | 0.4 | 0.5 |
| BS £m | Dec-22 ACT | Dec-23 ACT | Feb-24 ACT |
| Fixed assets | 1.5 | 1.1 | 1.0 |
| Current assets | 5.0 | 5.2 | 5.3 |
| Current liabilities | (2.3) | (2.6) | (2.8) |
| Non-current liabilities | (2.8) | (2.4) | (2.3) |
| Net assets | 1.4 | 1.3 | 1.2 |
- A challenging economic environment has resulted in a requirement to explore an accelerated sale of the Company’s business and assets.
- Management credits the downturn in historic trading to global economic challenges (COVID & energy crisis) affecting demand and cost base, as well as, until recently, a challenging competitive environment.
NON-DISCLOSURE AGREEMENT
If you would like more information about this company and to register your interest please contact Jason Hall on jhall@lsh.co.uk or Catherine Hicks on chicks@lsh.co.uk. Expressions of interest are requested by return and before 10:00am on Monday 15th April 2024.
If you would like more information about this company and to register your interest please contact Jason Hall on jhall@lsh.co.uk or Catherine Hicks on chicks@lsh.co.uk. Expressions of interest are requested by return and before 10:00am on Monday 15th April 2024.
IMPORTANT
This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.
This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.
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