KRE Corporate Recovery LLP, 1st Floor Hedrich House, 14-16 Cross Street, Reading, RG1 1SN anticipates being appointed shortly as Administrators to a furniture manufacturer.
An opportunity exists to acquire the business and assets of this independently owned UK furniture manufacturer based in the South of England.
- Business has been trading of over 80 years;
- A skilled workforce of 37 people;
- Strong brand name within its sector;
- Extensive existing customer base with many major organisations;
- Flexible manufacturing plant;
- YTD Turnover £2.1m, 2019 projected turnover £3.9m;
- Significant new and repeat business pipeline through 2019 and beyond.
Interested parties should immediately sign the Non-Disclosure Agreement which can be found on the following link to receive further information:
We would note that an early sale is anticipated.
Please return your signed NDA, or direct any other queries, to Gareth Roberts (firstname.lastname@example.org), David Taylor (email@example.com), and Ben Briscoe (firstname.lastname@example.org) or alternatively call us on 0118 947 9090.
This summary briefing contains information supplied by the company’s personnel. KRE Corporate Recovery LLP provides no warranties or indemnities whatsoever in respect of this information. All interested parties must rely on their own review and investigations with regards the opportunity. See following Important Notice.
INTRODUCTION AND CONDITIONS
This summary has been prepared in connection with the proposed sale of 100% of the shares or trade and assets of the Company.
By accepting this summary the recipient agrees to keep permanently confidential all information that it contains. This summary may only be made available to those members of the recipient’s staff who require to be directly involved in the appraisal of the opportunity and the recipient’s bankers and professional advisors. It should not be made available to any other third party without the prior written approval of KRE Corporate Recovery LLP (“KRE”). Furthermore, no contact should be made with the Company or any of its staff, customers, suppliers or shareholders without the express permission of KRE Corporate Recovery LLP.
The information in this summary, which does not purport to be comprehensive, has been completed from information provided to KRE Corporate Recovery LLP by the Company and has not been independently verified by KRE Corporate Recovery LLP. Intending purchasers should not rely on the information contained in this summary, and must satisfy themselves as to the accuracy of all such information. KRE Corporate Recovery LLP has been appointed by and is acting for the shareholders of the Company and, with the exception of any duties or liability which it may have under the Financial Services and Markets Act 2000, will not be responsible to any third party for the information contained in this memorandum.
No person, either as a Director of or in the employment of KRE Corporate Recovery LLP, has any authority to make, imply, or give any representation warranty or indemnity whatsoever in relation to this proposed sale including the information contained in this summary. No responsibility or liability is or will be accepted by the Company or KRE Corporate Recovery LLP or by any of their respective officers, employees or agents in relation to any inaccuracy or incompleteness of this summary and any liability is hereby expressly disclaimed. In particular, but without prejudice to the generality of the foregoing, no representation, warranty or assurance is given as to the achievement or reasonableness of any future projections, management projections, management estimates or prospects contained in this summary.
The distribution of this document may be restricted by law in certain jurisdictions and as such, recipients of this document represent that they are able to receive this document without contravening any unfulfilled registration requirements or are bound by other legal requirements or restrictions in the jurisdictions in which they reside or conduct business.
This document is exempt from the restriction on financial promotions contained in the Financial Services and Markets Act 2000. In particular, this Opportunity Summary is only being distributed in the United Kingdom to: a) persons who are investment professionals falling within article 19(1) of the Financial and Markets Act 2000 (Financial Promotion) Order 2005 in the United Kingdom (the “order”); (b) high net worth individuals (who meet the criteria for such classification contained in article 48(2) of the Order, or companies or other bodies who are reasonably believed to fall within articles 48(2) and 49(2) respectively of the Order; or (c) other persons whom it may be otherwise lawfully communicated to (whether pursuant to the Order or otherwise).
KRE Corporate Recovery LLP will only engage with individuals or organisations who fall within the above description in connection with anything relating to this document and the information contained within.
Any individual or organisation that does not fall within the categories of the above description should not under any circumstance rely or act upon this document or any information within this document. In the event, that an interested party is in any doubt about their classification in terms of the description above or about a proposed investment or acquisition. Such parties must consult with an “authorised person” for the purposes of FSMA.
This summary has been sent to prospective purchasers for information purposes only and upon the express understanding that it does not form the basis of a contract.