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OFFERS INVITED
Project Modular
Paul Ellison and Chris Errington of KRE Corporate Recovery Limited anticipate being appointed as Joint Administrators over an established Modern Methods of Construction (MMC) business in early July 2024.
Location: UK
Offers Invited: Immediately
BUSINESS OVERVIEW
- Founded in 2017, the MMC modular home manufacturer have developed a range of proprietary homes ranging from bungalows, two storey houses and apartments.
- Significant growth potential, the business plan shows that over the next 24 months the business will deliver in excess of 880 modules.
- The modules are manufactured in a factory, delivered, and lowered onto a pre-prepared foundation.
- Created significant pipeline of opportunities with Developers, Healthcare Providers and Social Housing Providers.
- Turnover rolling 12 months c £11m.
- Forecast turnover for 2024 of £31m.
The proposed Administrators are seeking bids for the assets and business.
NON-DISCLOSURE AGREEMENT
If you would like more information about this company and to register your interest please complete and sign the attached non-disclosure agreement and return it to jhills@lsh.co.uk.
If you would like more information about this company and to register your interest please complete and sign the attached non-disclosure agreement and return it to jhills@lsh.co.uk.
IMPORTANT
This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.
This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.
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