News Room

Mobile Phone Application for security

Posted by Stripes on April 30, 2010 (Investment Opportunities)

Background: Funding is sought for a new start-up business that owns the intellectual property rights for a unique and innovative device which allows homeowners to communicate with visitors to their front door using their existing mobile phone from anywhere in the world.

The patented product has a number of other uses and functions, examples of which are listed below:

  • Enhancing home security by capturing and storing images of all visitors to the front door and wirelessly integrating with original security devices. These devices can be controlled remotely by the user via their existing mobile phone;
  • Encouraging energy saving by allowing homeowners to control devices around the home from anywhere in the world. Original equipment manufacturers are already integrating wireless communication technology into many of their products, enabling remote control through devices such as this;
  • Communicating with and managing visitors to homes of the elderly, infirm or vulnerable. For example, door locks can be remotely operated so that expected deliveries etc can be managed.

The device consists of an external and internal unit. The external unit contains a microphone and camera which is easily installed by the user close to the front door of the property and communicates with the internal unit via Bluetooth technology. The portable internal unit allows users to see and speak to visitors via their mobile phone through the mobile phone networks.

Funding is required to finalise product development and launch the products into the UK, European and worldwide markets.

Ref: AO10030


Specialist Industrial Cleaning Company

Posted by Stripes on April 30, 2010 (Business and Companies for sale)

Background: Well established company whose key services include:

  • High level cleaning (PASMA/IPAF licenced);
  • Paint plant maintenance;
  • Builders/initial cleaning;
  • Carpet & upholstery;
  • Factory cleaning;
  • Hard floor renovation/maintenance;
  • Chewing gum/graffiti removal;
  • Dry ice blasting.

Main customer base is manufacturing industries with focus on paint plant servicing.

Year ended Dec 09 turnover of £637,000 adjusted EBIT of £102,000, recurring EBIT margin of 16%.

Ref: AA10531


Building Services and Property Maintenance

Posted by Stripes on April 30, 2010 (Acquirers seeking to buy)

Background: A leading provider of building services solutions and property maintenance is seeking to acquire businesses matching the following criteria:

  • Services businesses with recurring revenue contracts especially in Planned Preventative Maintenance;
  • Technical building services and white collar compliance such as health and safety monitoring, asbestos control and air and water testing;
  • £3-6m EBIT;
  • Smaller businesses providing emergency drainage, lift maintenance and fire alarm/fire extinguisher maintenance.

Ref: AD10521


Importer and Wholesaler of own branded fashion accessories

Posted by Stripes on April 23, 2010 (Business and Companies for sale)

Background: Supplier to a large number of leading independent ladies fashion boutiques and accessories shops. Brand well known and respected in industry.

Sales achieved by way of sales agents. Turnover of c.£1m and profits in excess of £200k.

Ref: AA10521


Labelling Printers

Posted by Stripes on April 23, 2010 (Business and Companies for sale)

Background: York-based business with turnover of c.£6m and strong reputation in pharmaceuticals and healthcare (accredited to BS9000 (Pharma and Health)).

Labelling and aerosol testing product manufacturing and sales. Full range of production assets.

Ref: AA10511


Manchester Law Firm Stripes Advises All & Small

Posted by Stripes on April 23, 2010 (Press Releases)

MANCHESTER law firm Stripes has advised the shareholders of domiciliary care agency, All & Small Limited, in the sale of the business.

The West-Midlands-based company was bought by national care agency, Carewatch Care Services Limited, for an undisclosed sum.

Stephen Jarman, who led the corporate team at Stripes, said: “We were delighted to advise the shareholders of All & Small on the sale of the company to Carewatch.

“All & Small is an excellent strategic fit with Carewatch and the deal will further enhance the level of service and care provided to its customers.

David Everatt of accountants Forrester Boyd also advised the All & Small shareholders. Carewatch was advised by Tom Bruce of Farrer & Co LLP in London.


Building/Refurbishment Contractor

Posted by Stripes on April 20, 2010 (Business and Companies for sale)

Background: Midlands-based building and refurbishment contractor for social housing projects, housing associations and local authorities.
Turnover for year ended Aug 09 c.£2m, adjusted net profit of c.£430k.
Company operates from freehold premises owned by the vendor which can be made available (c.£250K).
Ref: AA10501

Energy Management Systems

Posted by Stripes on April 19, 2010 (Business and Companies for sale)

Background: An established business specialising in the design, installation and maintenance of energy management systems. Turnover in 2009 was £3.6m with adjusted EBITDA of £1.25m.
There are significant opportunities for further growth as the company has a niche product developed by itself and utilised in pre-built commercial premises that creates significant energy savings.
High level of repeat business but no undue reliance on any single account.
Ref: AA10491

Specialist Printer

Posted by Stripes on April 16, 2010 (Business and Companies for sale)

Background: A specialist designer and manufacturer of health record folders, dividers, X-ray film packets and other specialist envelopes supplying NHS hospitals with confirmed orders through to 2012.
Most of the business is sub-contracted and therefore the business will relocate on sale. Draft turnover for 2009 was c.£1.1m.
Ref: AA10481

Telecare and Security

Posted by Stripes on April 15, 2010 (Business and Companies for sale)

Background: A long established company offering a wide range of expertise in the design, manufacture, installation and maintenance of social alarms, door entry and access control systems and most types of security equipment. The company’s products have a significant number of unique selling points and are particularly compatible for installation alongside existing systems from other manufacturers.
The company is the preferred partner to many local authorities and housing associations. Turnover in excess of £1mill p.a. GP approx 50%.
Ref: AA10471

Importer/Wholesaler of Refrigeration Spare Parts

Posted by Stripes on April 15, 2010 (Business and Companies for sale)

Background: An importer/wholesaler of a range of branded and own label refrigeration spares for wholesalers and trade users throughout the UK. The company, established in 1994 and based in the East Midlands, holds exclusive distribution rights for several major brands.
Sales to July 2009 were c. £627k with adjusted net profit of £107k.
Ref: AA10461

Engineering Company

Posted by Stripes on April 14, 2010 (Business and Companies for sale)

Background: A well-established engineering company specialising in batch production of high quality sheet metal (mild steel, stainless steel and aluminium) components. Processes include CNC laser profile cutting, CNC punching, CNC folding, Mig/Tig welding and powder coating. Other services are outsourced to long standing sub-contractors.
Main customers are in aerospace, food, gaming and railways.
Freehold premises consisting of 8,000 sq ft factory and 500 sq ft offices, 30 employees, strong order book, ISO 2000 certification.
Forecast turnover for year to June 10 is £1.53m with recurring EBIT of £220k.
Ref: AA10451

Food Processing Machinery Manufacturer

Posted by Stripes on April 14, 2010 (Business and Companies for sale)

Background: Manufacturer of food processing and conveying equipment for food processing. Leasehold property in London.
Sales of £14-£20m per annum. C. 60 employees
Ref: AA10441

Sale and Distribution of Technical Products

Posted by Stripes on April 13, 2010 (Acquirers seeking to buy)

Opportunity: Buyer seeks business involved in the sale and distribution of technical products. Infrastructural goods such as water and energy are preferred. Revenues should exceed £3m but with prospect of growth.

Opportunities near London and/or an international airport are preferred.
Ref: AD10511

Telecoms

Posted by Stripes on April 13, 2010 (Acquirers seeking to buy)

Opportunity: Buyer seeks: providers of mobile or fixed line voice and data services, data network installers with WAN and LAN capabilities, specialists in on-site linkage using fibre and kilo stream links, installers of networks and hardware, and network support and maintenance.

Ideally with turnover of between £1m & £2m without substantial debt.

Ref: AD10501


Timber-based manufacturing

Posted by Stripes on April 8, 2010 (Acquirers seeking to buy)

Opportunity: Buyer seeks timber-based manufacturing, distribution or allied business: timber frame manufacturers, roof truss manufacturers, panel product distribution and other timber product manufacturers.
Turnover in excess of £2m. UK-wide locations.
Ref: AD10 491

Specialist Care Provider

Posted by Stripes on April 7, 2010 (Business and Companies for sale)

Background: A Midlands provider of specialist long and short term residential care to young adults with learning difficulties since 1987. Care categories include epilepsy, head/brain injuries, Huntingdon’s disease, neuropathic and strokes.

Multi-site operation with a CQC rating of 3 stars (excellent) and planning permission for an extra five beds.

Forecast fees for 2010 of £1.25m and EBITDA of £375k.

Opportunity: To acquire the whole of the issued share capital.

Ref: AA10 431


General Engineering Business

Posted by Stripes on April 6, 2010 (Business and Companies for sale)

Background: Established in 1980, the business provides precision machinery, fabrication, plant repairs, maintenance and installation services to the nuclear fuel industry, utility companies, rail and marine industries and construction.
50 employees, fully equipped machine shop, fabrication shop and motor vehicles.
Opportunity: Offers are invited.
Ref: AA10421

Steel Processing Centre

Posted by Stripes on April 6, 2010 (Business and Companies for sale)

Background: Lincolnshire/Humberside based steel processing centre established in 1983. Services the contract steel and structural steel sectors. Heavy duty plant and machinery to include drilling, cutting, splitting and straightening, shot blasting and painting. Freehold premises with additional leasehold property. Excellent reputation and 28 employees.
Opportunity: Offers are invited.
Ref: AA10411

Building Services Business

Posted by Stripes on April 6, 2010 (Business and Companies for sale)

Background: A North West based building services business, primarily construction based but with a mechanical arm and sister company specialising in electrical installations. Principal business is the refurbishment of schools, universities and other public sector facilities.

Highly cash generative with turnover of c.£3mill and EBITDA of £200k.

Opportunity: Offers for the Company or the business are invited

Ref: AA10401


Fit Out Contractor for Automotive Multi Franchise Dealerships

Posted by Stripes on April 6, 2010 (Business and Companies for sale)

Background: A Yorkshire based company specialising in the design and fit out of car showroom and POS displays.
The company has secure framework agreements and is the preferred supplier for design and furniture fit outs and POS for numerous marques and large multi franchise dealerships. Turnover for 2009 was £2.4m with adjusted PBTDA of £325k.
Opportunity: To acquire the whole of the issued share capital.
Ref: MA10391

Software Consultancy

Posted by Stripes on April 6, 2010 (Business and Companies for sale)

Background: Exclusive licensee of a product that has passed proof of concept stage with a number of public sector bodies who have started to purchase the software in respect of employee and data compliance systems.
Management accounts to August 2009 show turnover of £180k with EBIT of £56k.
Opportunity: To acquire the whole of the issued share capital.
Ref: MA10381

Baby Leisurewear Manufacturer

Posted by Stripes on April 6, 2010 (Business and Companies for sale)

Background: A leading brand in a niche baby leisurewear sector. Turnover in 2009 was £766k with adjusted operating profit of £321k.
Opportunity: To acquire the whole of the issued share capital.

Ref: MA10371