PROJECT POWER

Opportunity to acquire a well-established energy brokerage business.

Business Opportunity

• The Company was established in 2006 and is able to offer its clients cost effective energy supply contracts through it’s direct access to a large panel of energy suppliers.
• The company offers efficient management of utilities and services to both commercial and industrial businesses.
• The Company trades from a leasehold premises in the Lincolnshire.
• Annual turnover for year ended 30 November 2021 was £434,00 and 30 November 2020 was £946,000.
• Employs 5 staff (in addition to the director), the Company also has a network of freelance consultants.
• Reason for Failure – the pandemic saw the level of trade reduce significantly, which resulted in liabilities accruing. Due to the reduced trade the Company is experience cashflow difficulties which has resulted in HM revenue and Customs issuing a winding up petition against the Company.

Sales Process & Further Information

The deadline for offers is: 12.00 noon on 29 July 2022

Further information: Should you be interested in obtaining further information regarding this opportunity please contact the persons below. Please note that you will be required to complete and sign a confidentiality undertaking before additional information is provided to you.

Contact

Gary Harper

Head of North West Valuations
John Pye Business & Property

gary.harper@johnpye.co.uk

Tel: 07958 460 042

Emily Ball

Director
Sterling Advisory

emily@sterling-advisory.co.uk

Andrew Rule

Case Manager
Sterling Advisory

andrew@sterling-advisory.co.uk

Tel: 0115 695 0566