Historic magazine printer Headley Brothers up for sale

Wed, 01 Feb 2017 | BUSINESS SALE

A family-owned magazine printer with 130 years’ experience has been put up for sale and filed for protection from creditors over the course of the sale process.

According to Print Week, Ashford, Kent-based Headley Brothers is not in administration but has filed a notice of intention to appoint an administrator, which places a moratorium on action by creditors.

Headley Brothers is a digital, sheet-fed and web printing firm employing around 190 people and serving 200 customers. For 2014 the firm posted sales of just under £19 million.

Steve Adshead from advisory firm Smith & Williamson, who is appointed to handle the sale, told Print Week the notice of intention had been filed to give the company “breathing space” while a buyer is found.

“The company has done a lot of restructuring over the past couple of years and is now in a much stronger trading position. But there was an overhang of historic debt that it was difficult to get out of,” he said.

“This is a good, well-established business with a strong customer base and we have already had a number of expressions of interest in it.”

Headley Brothers managing director Simon Bingham said: “We are actively looking for people who can invest in the business and take it forward. That is the preferred option.”

Find advertising and media businesses for sale.


Share this article



Latest Businesses for Sale

BMW After Market Specialist
UK Wide

A rare opportunity to acquire a long established, profitable, BMW After Market Specialist, with an excellent reputation. Trading profitably since 1994. Offering complete automotive performance, engineering and styling solutions. This is a retirement...

Asking Price: Offers Invited
Turnover: £726,000

Provider of Coffee Machines & Related Products
South East, UK

Provides an extensive range of coffee machinery, which is imported from Italy and Spain, and coffee products, which are sourced within the UK. Offers invited.

Asking Price: Offers Invited
Turnover: £1,000,060

FREEHOLD


International Export Services
North West, UK

One of the UK's leading end-to-end service providers. Comprehensive export handling, packing and storage services, providing specialist cargo and goods management to a wide variety of international operations and private clients. 40+ years of success...

Asking Price: Offers Invited
Turnover: £1,300,000


View more businesses for sale

News Search

Latest News

 
24
 
Jan
 

Yorkshire engineering firm completes MBO deal | MBO/MBI

A West Yorkshire engineering group has been taken over by th...

 
22
 
Jan
 

Jewellery retailer enters administration | ADMINISTRATION

A Nottingham-based jewellery and watches company has fallen ...

 
19
 
Jan
 

Luxury lodging group enters administration | ADMINISTRATION

An Essex-based company which operates eight luxury lodge par...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
21
 
Oct
 

Caterham F1 team company in administration | ADMINISTRATION

Caterham Sports Limited (CSL), the company behind the cars u...

 
15
 
Jul
 

Sussex electronics manufacturer in administration | ADMINISTRATION

An East Sussex electronics manufacturer has entered administ...

 
18
 
Jun
 

Black Country saddle-maker enters administration | ADMINISTRATION

The historic saddle-maker Jabez Cliff Ltd has fallen into ad...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources