BUSINESS AND ASSETS SOLDUmbrella Payroll Provider - Project Foxglove

The proposed Joint Administrators are seeking parties interested in the business and assets of a company that trades as an umbrella payroll provider. The company also provides accountancy services to a number of small businesses.

Key Features

•   Serviced offices
•   Current turnover c.£120m per annum
•   Gross Profit Margin c.1.5%
•   20 head office employees
•   c.750 site based employees
•   c. 2,000 self-employed subcontractors

Opportunity

•   Goodwill;
•   Book Debts;
•   Work in Progress;
•   Office Furniture and Equipment; and
•   Vehicle.

Offers

•   Indicative offers are required by 12:00 noon on Friday 5 July 2024 with a view to completion shortly thereafter
•   All interested parties will be required to sign a non-disclosure agreement
•   Proof of funding required

Contact Details

Nicola Carlton
Leonard Curtis
Irwell Street
Manchester
M3 3EN
0161 831 9999
nicola.carlton@leonardcurtis.co.uk