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

Wholesale Fabrics Business
UK Wide

Very long established and profitable wholesale business. There is a healthy base of active repeat clients and the business has an excellent reputation. The location and premises suit the business perfectly with a small sales office, and a third party...

Asking Price: Offers Invited
Turnover: £650,000

Wedding & Corporate Singing Company
Merseyside, UK Wide

Extremely successful & exciting entertainment Business, the highest review rated of our kind in the World. Performing to over 600 events this year and growing you will find a fast growing business to take to an even higher level. Looking for somethi...

Asking Price: £900,000
Turnover: £1,300,000

WEB-BASED


Motorcycle Business
South East, UK

Long established motorcycle business. For over 25 years this highly regarded motorcycle training brand has offered training and testing services for motorcycles. The business is also a successful branded franchise dealer. They sell a well-known brand...

Asking Price: Offers Invited
Turnover: £1,200,000


View more businesses for sale

News Search

Latest News

 
16
 
Sep
 

Cheshire-based SRL Traffic Systems completes MBO | MBO/MBI

SRL Traffic Systems, a manufacturer and supplier of portable...

 
13
 
Sep
 

AFH Financial Group acquires two firms for £7.2 million | BUSINESS SALE

AFH Financial Group, a listed wealth management firm headqua...

 
12
 
Sep
 

Lucid Group completes acquisition of North West-based healthcare consultancy | BUSINESS SALE

Healthcare communication specialists, Lucid Group, has succe...

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
13
 
Jun
 

Sipp firm with a total investment value of £130m enters administration | ADMINISTRATION

GPC Sipp Limited, a firm specialising in providing technical...

 
23
 
May
 

Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...

 
21
 
Oct
 

Caterham F1 team company in administration | ADMINISTRATION

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

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