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.
Specialises in the installation of patios, paving and driveways, as well as providing comprehensive groundworks for commercial, industrial and private clients excellent reputation as a provider of high-quality services, resulting in a continual strea...
LEASEHOLD
Provides a wealth of facilities management services, supported by a self-delivery model that utilises industryl eading CAFM software to give clients live updates. A multi-accredited company with an exceptional industry reputation. Caters to seven act...
LEASEHOLD
Supplies industrial machinery solutions from design and conception to delivering the product, installing it and conducting maintenance and support. Benefits from over 55 active clients internationally. Experienced and dedicated workforce in place, wi...
LEASEHOLD
15
|
Aug
|
Trainer reseller Kick Game exploring £150m sale | BUSINESS SALE
Trainer reseller Kick Game is reportedly considering a sale,...
12
|
Aug
|
Aviva to complete Succession acquisition and support further consolidation | BUSINESS SALE
Aviva is poised to complete its acquisition of wealth manage...
11
|
Aug
|
Flotek acquires Swansea-based legal and professional services IT provider | BUSINESS SALE
IT and Managed Service Provider (MSP) Flotek has acquired Sw...
Sign up to receive our acquisition alert emails to get your FREE guide
28
|
Oct
|
Arlington Automotive acquired out of administration by Ricor Global | BUSINESS SALE
Arlington Automotive North East has been acquired out of adm...
22
|
Jul
|
Essex-based cruise line goes into administration | ADMINISTRATION
Cruise & Maritime Voyages (CMV) has gone into administration...
07
|
Jul
|
Construction contractor owed creditors £11m when it collapsed | BUSINESS NEWS
Lancashire-based contractor Construction Partnership UK owed...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources