BUSINESS AND ASSETS
SOLD – P.D.R Construction
Leonard Curtis are seeking parties interested in the immediate opportunity to acquire the residual Trade and Construction Contracts ledger.
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14 ongoing construction contracts in excess of £90M total contract value.
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Applications outstanding for certification/payment on live schemes in excess of £3M.
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Complete contract retention ledger in excess of £3.5M of which £1.8M relates to completed construction contracts which the Administrators would consider offers to purchase.
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Indicative offers are required by 19 January 2022 with a sale intended to be concluded promptly thereafter. Only parties that are able to work within this time frame should respond. We reserve the right to close the bidding early or extend the deadline, without liability or advance notice.
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The Joint Administrators will consider bids for the whole or in relation to individual asset classes.
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All interested parties will be required to sign a non-disclosure agreement before release of further information.
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Proof of funding will be required.
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Lee Scott
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Cerberus Group
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26 Missouri Avenue
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Salford
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Manchester
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M50 2NP
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0161 808 1800
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lee.scott@cerberus-group.com
