Description
Business and assets offered for sale of a Company based in Essex specialising in the publishing of high quality children’s books.
Opportunity
An opportunity to acquire and/or consolidate an existing business in the book publishing industry, and the assets.
- Incorporated in the 1990s specialising in the publishing of high-quality children’s books covering educational and general-interest subjects. For over 28 years, the Company has created captivating content that sparks curiosity in young readers. Opportunity to acquire the business and assets of.
- The business operates from one site in Essex under a leasehold agreement and sells into over 100 different countries.
- The Company has a small and experienced team of 19 staff members.
Assets include :-
- Fixtures & fittings
- Plant & machinery
- Office equipment
- Stock
- Motor vehicles
- Goodwill & intellectual property
Financial summary
The business achieved a gross turnover of c. £3.92m for the year ending 31 December
2023, yielding a gross profit of c. £990k and c. £3.71m for the year ending 31 December
2022, yielding a gross profit of c. £773k.
There are also draft management accounts available for the period January to October
2024 showing turnover for the 10 month period of £1.98m and a gross profit of £134k.
Process and Further Information
All interested parties will be required to sign up, create an account at: https://datarooms.frpadvisory.com and sign a non-disclosure agreement before receiving more information via access to a data room. You will need to email Alia Howland or Emma Priest so they can activate your data room access.
Expressions of interest with offers should be sent directly to Alia Howland or Emma Priest by 5:30pm on Wednesday 26th February 2025. Please note, completion of the sale transaction(s) is required by Wednesday 5th March 2025 and it is therefore imperative that due diligence should be conducted as a matter or priority. Offers are being sought for all assets through a sale of the business via an Administration process.
Should you like to discuss the opportunity please contact Alia Howland or Emma Priest at FRP, details as below
Disclaimer
The purpose of this document is to assist the recipient assess whether this business is one that may be of interest as a potential acquisition. It is not intended to form the basis of an investment decision and does not constitute a detailed review of the business. The recipient must carry out its own independent investigation and rely on its own assessment of the business. We recommend that independent professional advice is sought by the recipient. The information in this document has not been verified by FRP Advisory Trading Limited which does not give nor have any authority to give any representation or warranty (express or implied) as to its accuracy or completeness.
If you have an interest in exploring this opportunity further, please email:
Contact
Emma Priest Director
DDI: 01277 503343
Alia Howland Insolvency Administrator
DDI: 01277 503372