Project Gemstone

By Order of the Directors Pending the Appointment of an Administrator

Opportunity to Purchase the Business and Assets of an Established Company Specialising in Private Client Customisations of Luxury Watches & Jewellery

Business Opportunity

An opportunity has arisen to purchase the business and assets of an established company specialising in private client customisations of luxury watches & jewellery, including fine jewellery collections.

Summary

• Trades from leasehold premises based in London
• Average Turnover for the 4 years ended 2023 £3.1m
• Turnover Year Ended 2024 £2.1m
• 7 Employees (excluding directors)

Tangible and Intangible Assets Available

• Office Furniture & Equipment
• Plant & Machinery
• Stock
• Work in Progress
• Website/Social Media Platforms
• Company Name
• Customer Database
• Goodwill

Offers

Offers are invited for all such right title and interest the Company has in its Assets both tangible and intangible. Any sale will exclude Company Liabilities other than employees which will transfer under TUPE. The sale of the business will be contracted by way of an asset sale only through an Administration Insolvency Process.

Timescale

Offers should be submitted along with proof of funding by 4pm on Monday 19th May 2025. The asset sale will be contracted by the Administrator upon Appointment.

Further Information

Further Information will be provided on receipt of a signed Non-Disclosure Agreement.

Contact details

To register your interest and to receive the Non-Disclosure Agreement please email anna.hall@johnpye.com

Disclaimer
This information which does not proport to be comprehensive, has been provided by our client and has not been independently verified. No representation or warranty, express or implied, is or will be given by our client, its directors, employees or advisers or any other person as to the accuracy or completeness of this information and so far as permitted by law.

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Additional Info

Children 15 and under are not permitted to enter the salerooms.

Please note: This is a Public Auction, not a consumer or retail sale – Lots include second-hand, returns, ex-display and damaged goods, no guarantees.

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