Wed, 29 Aug 2018 | BUSINESS SALE
An advertisement for London-based digital and litho printing providers, Callprint, has been circulated in the High Court, with the intention of appointing administrators in the near future.
Valuation and financial advisors Duff & Phelps have been called in to handle the sales process, who have since released documents highlighting the various skills and assets provided by the company.
London-headquartered solicitors Weightmans have also appointed, and appear to be working alongside Duff & Phelps to manage the legalities of the business sale of Call Print Group, Call Print Services and Call Print UK.
Callprint offers a range of services including 3D printing, stationary production, signage and internal branding. Of its 11 different locations, it operates a number of sites in London, Birmingham, Liverpool, Manchester, Hertford and Bristol with a turnover of £10.6 million.
The advisors valued Callprint’s fixed assets at £3.1 million, and recorded sales of £15.5 million in the year leading to 31 March 2017. The documents have stated that the company’s assets comprise of an “extensive portfolio of printing equipment” with some subject to third-party finances.
However, owing to the company’s present sensitive financial situation, the documents have stated that a sale ought to be “executed at the earliest opportunity”. Interested individuals and parties will be invited to sign non-disclosure agreements with Duff & Phelps consequently.
Sale of Callprint’s international branches in Dubai and the US will not be included in the business agreements.
A number of buyers have already expressed an interest in the company in question, and so all other curious individuals are encouraged to make offers at the earliest.
For more news stories about businesses for sale click here. For all our business listings, click here.
Provides an extensive selection of products from leading brands, all of which are maintained to a high standard Knowledgeable and long-standing workforce in place, benefiting from extensive experience in the sector. Offers invited.
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