An opportunity has arisen to purchase the entire share capital of this building and property development company.
- The company has been established for over 20 years and is based in Stockport in the North West of England.
- In 2007, the business turned over circa £30k and made a net profit of £13k but there is great scope to grow the business and improve margins through increased efficiency and economies of scale.
- The company has tax losses amounting to approximately £550k which can be offset against the corporation tax liability in the acquiring company providing that there are no major changes in the nature or conduct of the trade for three years post acquisition.