KRE Corporate Recovery LLP, 1st Floor Hedrich House, 14-16 Cross Street, Reading, RG1 1SN anticipates being appointed as Administrators shortly to a company which provides skilled and semi-skilled manual workers to the marine industry and specialist IT support to a leading computer and software solutions company.
An opportunity exists to acquire the business and assets of this UK based specialist consultancy providing resources in two separate markets
- The business which was established in 2018 provides skilled and semi-skilled workers to shipyard(s) located on the South Coast
- Also provides specialist resources to a leading computer and software solutions company with opportunity to expand nationally and internationally
- Workforce of 6 employees plus some 90 sub-contractor workers based in UK
- Overseas candidate base providing agile resources in the IT and data fields.
- Respected provider of human resources in both areas of expertise
- Operational in UK, Middle East and Europe
- Existing loyal customer base, one being a blue chip organisation
- Turnover of £2.3m 2018/9, with projected turnover of £3.8m 2019/20
- Significant repeat business pipeline through 2019/20 in both fields
- Not tied into any property lease arrangements so can be mobile to suit prospective buyers
Interested parties should immediately sign the Non-Disclosure Agreement attached to receive further information. Expressions of interest for the business and assets are required by 5pm on 9th August 2018 with a sale anticipated shortly thereafter.
If you require any further information please contact Paul Ellison (email@example.com) or Alison Young (Alison.firstname.lastname@example.org) or alternatively call us on 01189 47 90 90.
INTRODUCTION AND CONDITIONS
This summary has been prepared in connection with the proposed sale of 100% of the shares and 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 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.
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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
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