Tue, 17 Mar 2026 | BUSINESS SALE
A pair of metal companies have been acquired out of administration in a deal that safeguards all jobs at the two companies. P&P Non-Ferrous (Stockists) Ltd (P&P) and Bornmore Metals Ltd (Bornmore Metals) have been acquired by a newly formed subsidiary of Deca Group Limited, funded by Praetura Ventures and Les Litwinowicz.
The two businesses are multi-metal stockholders and processors of non-ferrous metals and stainless steels, supporting precision engineering and industrial fabrication across an array of industries.
The Blackburn-based companies had been in the process of merging to form a single entity as part of a broader strategy aimed at returning to profitability. Rick Harrison and James Clark of Interpath Advisory were appointed as joint administrators of the companies and, upon appointment, finalised a sale of the businesses and assets of the companies to Deca Non-Ferrous Alloys Limited.
Following the pre-pack transaction, completed on March 13 2026, the two companies will continue trading under their existing names, while maintaining operations at their respective sites in Blackburn, Bristol and Brierley Hill, with all 24 staff transferring to the purchaser.
Interpath Advisory Managing Director and joint administrator Rick Harrison said that the sale “provides continuity for customers and suppliers, while giving the companies a platform from which to move forward under experienced new ownership.”
Deca Group CEO David Hodgetts added: "P&P and Bornmore Metals bring strong technical capability to our group and a great team. With the backing of Praetura and Les Litwinowicz, we intend to provide the support and investment needed to stabilise the businesses and unlock their long-term potential.”
“We see a clear opportunity to build on their existing strengths and help position them for sustainable growth."
In accounts for the year to December 31 2023, Bornmore (Metals) Limited’s fixed assets were valued at around £418,000 and current assets at £6.9 million, with net assets totalling slightly over £733,000.
For the same period, P & P Non-Ferrous (Stockists) Limited’s fixed assets were valued at around £252,000 and current assets at approximately £7.9 million, with net assets amounting to just under £1.4 million.
Read more: How to find and buy distressed assets
Take advantage of a rare opportunity to acquire a well-established hair and beauty business in a prime North Yorkshire location, known for its modern, luxurious premises and a skilled team.
A rare opportunity to acquire a well-established plant hire and contracting business in Somerset, offering over 60 years of operational excellence with a focus on quality and compliance.
This well-established commercial printing business offers an excellent opportunity for acquisition, boasting over 100 active clients across the UK and Europe and a reputation for premium, quick-turnaround services.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.