Business For Sale

UK Based Manufacturer of Jersey and Knitwear


Ref: JD004a
Location: East Midlands, England
Asking Price: Offer Invited
Annual Turnover: £2,600,000

Annual Net Profit: Not Set
Gross Profit: £684,000
EBITDA: £150,000
Premises Type: Leasehold

Business Description

Business Profile

This business, established and trading successfully for more than 10 years,  provides a comprehensive range of knitwear and jerseywear to well known brands and retailers throughout the UK, Ireland and Continental Europe. There is a significant portfolio of machine assets that makes this company one of the most modern, innovative and efficient in the UK.

 

The company follows strict standards of Ethical Trading and ensures that all parts of the company’s operations meet and often exceed UK Health & Safety Laws and Legislation. Quality Control Systems are incorporated into the production process, and all operators and technicians are highly trained to ensure full efficiency.

 

The state of the art manufacturing unit is regularly inspected to ensure excellent Health & Safety working conditions and audited by SEDEX. The company also operates a broken needle policy and metal detection to ensure all aspects of Health & Safety are covered to guarantee the very best working environment.

 

Whatever the requirements, the company in combination with its outstanding supply chain relationships delivers the highest quality to its demanding customers. The in-house design team works closely with customers in preparing innovative solutions, whilst working alongside the company’s knitting technicians to develop accurate and speedy ideas.

 

The company’s creative and sales teams pay close attention to all current and on-going fashion trends taking regular trips to influential trade shows as well as trend research specialist sources; collaborating closely with trimming suppliers maintains a full and comprehensive selection of buttons, poppers, zips, beads and trims and offers embroidery options and heat applied studs.

 

There is also an extensive range of bespoke yarns from Cotton, Acrylic, Metallics to Boucle and brushed fancy yarns including Wools and Blends.

 

Growth and Expansion:

 

The business has enjoyed an excellent level of business to date and continues to consistently perform even in today’s tough economic climate. Growth could be achieved by developing incumbent customer relationships and a proactive new business effort to win new accounts.

Confidentiality Form / NDA

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Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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