Assets For Sale

Opportunity to acquire the assets consisting of intellectual property of a confectionery business

Description: <p><strong>Opportunity</strong></p> <ul> <li>Established in 2018, the Company is a UK-based business trading from leasehold premises in Leeds, specialising in handmade cake, cookie, muffin, and brownie mixes.</li> <li>The Company’s products highlight its unique presentation, layering high-quality ingredients in reusable glass bottles to create a convenient and enjoyable home baking experience.</li> <li>The Company was awarded Gift of the Year 2021 and Great Taste Award Winner 2017 &amp; 2019, highlighting its appeal as a high-quality, innovative product within the gifting and baking sectors</li> </ul> <p><strong>Highlights</strong></p> <ul> <li>The Company's recent turnover has ranged between £1.5m and £1.8m, with profit and loss results for the past three years shown adjacent.</li> <li>A number of blue-chip customers regularly stocking the Company’s products</li> <li>Trading figures include sales relating to intellectual property owned by a wholly owned subsidiary which is also available to purchase separately.</li> </ul> <p><span style="text-decoration: underline;"><strong>Recent Trading</strong></span></p> <table> <tbody> <tr> <td><strong>£'000   </strong></td> <td><strong>FY22   </strong></td> <td><strong>FY23   </strong></td> <td><strong>FY34</strong></td> </tr> <tr> <td>Revenue</td> <td>1,765   </td> <td>1,823   </td> <td>1,578</td> </tr> <tr> <td>Cost of Sales</td> <td>(1,310)</td> <td>(1,750)   </td> <td>(1,371)</td> </tr> <tr> <td><strong>Gross Profit</strong></td> <td><strong>456</strong></td> <td><strong>73</strong></td> <td><strong>206</strong></td> </tr> <tr> <td>Overheads</td> <td><strong>(237) </strong>  </td> <td>(308)   </td> <td>(399)</td> </tr> <tr> <td>EBITDA</td> <td>219   </td> <td>(235)   </td> <td>(193)</td> </tr> <tr> <td>Financial Costs</td> <td>(9)   </td> <td>(15)   </td> <td>(9)</td> </tr> <tr> <td>Depreciation</td> <td>(10)</td> <td>(13)</td> <td>(12)</td> </tr> <tr> <td>Net Profit Before Tax</td> <td><strong>199   </strong></td> <td><strong>(263)   </strong></td> <td><strong>(214)</strong></td> </tr> </tbody> </table> <p>Expressions of interest</p> <ul> <li>Interested parties will be required to sign a non-disclosure agreement (NDA).</li> <li>Expressions of interest are required no later than noon on 11 April 2025.</li> </ul> <p><strong>Opportunity</strong></p> <ul> <li>Established in 2016, the Company is a UK-based business specialising in luxury sweet products.</li> <li>The Company’s assets consist of the following:<br /> Name/Brand<br /> Products, imagery and design etc<br /> Trademarks<br /> Customer List<br /> Domains &amp; Social Media Accounts</li> </ul> <p><strong>Highlights</strong></p> <ul> <li>Turnover generated using the Company’s Intellectual Property over the past three years shown adjacent.</li> <li>Turnover from FY22 &amp; FY23 include sales from a small retail unit and market stall events the Company attended previously. This income stream ceased from the end of <br />FY23.</li> <li>More recently, sales have been generated by the parent company utilising the Company’s intellectual Property and the Company has not traded directly.</li> </ul> <table> <tbody> <tr> <td><strong>£'000   </strong></td> <td><strong>FY22   </strong></td> <td><strong>FY23   </strong></td> <td><strong>FY24</strong></td> </tr> <tr> <td>Revenue   </td> <td>1,085   </td> <td>639   </td> <td>439</td> </tr> </tbody> </table> <p><strong>Expressions of interest</strong></p> <ul> <li>Interested parties will be required to sign a non-disclosure agreement (NDA).</li> <li>Expressions of interest are required no later than noon on 11 April 2025.</li> </ul>