Business Opportunity
By Order of the Directors, pending Appointment of an Administrator. An opportunity has arisen to purchase the Business Assets, both tangible and intangible, including any associated Goodwill of an established commercial (sub 3.5T) and private vehicle rental company in the short term and long term vehicle hire sector.
Overview
- Established in 1981.
- Operating from two leasehold premises located in Staffordshire.
- Owned Assets to include office furniture, IT equipment, Plant and Machinery and 6 owned commercial vehicles.
- Financed Assets comprising 357 Commercial Vehicles and 56 Private Vehicles.
- Third Party Assets.
- Customer Base 82% Corporate / 18% Retail.
- Turnover for year-end 30 September 2022 £5,759,520.
- Turnover for year-end 30 September 2023 £6,252,127.
- Turnover for year-end 30 September 2024 £6,323,979.
- Turnover for year-end 30 September 2025 £5,901,900.
- IP to include and is limited to company name and trading styles, domain name, email addresses, telephone number (where transferable), company records and customer list, which includes 97+ active corporate accounts (UK & Ireland).
- 32 Employees, including Directors.
Offers
Offers are invited for all such right, title and interest the Company has in its Assets. 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 via a sale and purchase agreement.
Timescale
A deadline for offers has been set for 12 noon, Wednesday, 28th January 2026. This is an accelerated M&A opportunity; due diligence should be conducted as a matter of priority.
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