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Kumar & Company Limited (“KCL”) has been engaged to assist in the sale of the business and assets of an established provider of CNC machining and laser cutting services, sic code sector 32990.

The company has an experienced work force of circa 16 people, with a mix of qualified machine operators and experienced laser programmers
Fixed assets include Machinery & Business Assets all of which are largely encumbered. The majority of assets are subject to financial encumbrance with respect to a chattels mortgage in favour of the previous management team and two major finance companies.

Average Turnover c. £1.5 million

Following receipt of expressions of interest and a signed Non-Disclosure Agreement Brief sales Particulars will be provided. Offers for the purchase of the business and assets as a going concern, by way of sealed bids need to be sent to KCL by 12 noon on Thursday 6th December 2018, together with evidence of funding.