Accelerated Business Sale: Lincolnshire Based Non-Destructive Testing Provider

Business for Sale

Opportunity to purchase a Lincolnshire based business that specialise in Non-Destructive Testing (“NDT”) solutions for a wide range of industries.

Overview

Lewis Business Recovery and Insolvency and BPI Asset Advisory have been engaged in the sale of a business that carries out NDT inspection works for a wide range of industries.

Assets available for sale include chattel assets and the goodwill of the business.

Furthermore, the company has a skilled workforce who each have expertise in their individual roles.

For the financial year ended 31 January 2022, the Company achieved a gross profit of £195k on turnover of £1.2M, resulting in a net loss of £142K, during the same period.

In the year to 31 January 2021, the Company achieved a gross profit of £200k on turnover £780K, resulting in a net loss of £23K, during the same period.

Sale Process

A Non-Disclosure Agreement will be required prior to any further information being provided.

Offers for the purchase of the business and / or its assets need to be sent to BPI Asset Advisory by 30^th June 2022, together with evidence of funding.

To protect the company’s goodwill and trade, it is proposed that any sale will need to be completed by 5^th July 2022, and as such this opportunity is only likely to be available for a short period of time.

For further information please contact:

BPI Asset Advisory

Andrew Cromack MRICS

Office: 01924 245 040

Mobile: 07545 320045
Email: andy@bpiaa.com