Business Opportunity: Postsafe Limited - In Administration (Polythene envelope manufacturer & distributer) Tallon Associates, 477 Chester Road, Manchester, M16 9HF
Location: South East
An opportunity arises to purchase the business and/or assets of Postsafe Limited, an award winning manufacturer and supplier of polythene envelopes and mailing bags located in the South East of England which has been established for nearly 40 years. https://www.postsafe.co.uk/
Due to the financial position of the business, the purchase will be executed at the very earliest opportunity through the appointed Joint Administrators and all interested parties will be requested to sign a non-disclosure agreement.
OVERVIEW OF BUSINESS
The Company is a manufacturer and distributer of Polythene Envelopes with excellent export links to Europe.
The Company traded from leasehold premises in South East of England and the site is approximately 10,000sqft. The lease has recently been forfeited and therefore the business is likely to need to be immediately relocated.
The Company employed 9 members of staff including the sole director, but 5 employees were made redundant upon the appointment of the Joint Administrators.
Member of EMSA.
The Company has approximately 8 Blue Chip clients, as main customers with its products being sold through hundreds of outlets and online.
The Company has currently ceased to manufacture goods and instead has recently been looking at outsourcing the manufacturing of finished goods, which it is understood has provided an increased profit margin than manufacturing inhouse. Hence this is an excellent opportunity to ‘bolt-on’ to an existing manufacturer and all relevant machines are
available to add to, or extend, an existing manufacturing / distributing portfolio.
ASSETS FOR SALE
IPR & Domain Names
Plant & Machinery
Furniture & Fittings
EXPRESSIONS OF INTEREST
All expressions of interest should be made by close of business on 17 April 2019. A purchaser must be able to complete immediately.
Click on an image to zoom