On instructions of E Walls Esq. and W Harrison Esq. of KSA Group Limited, the Joint Administrators:Short Notice Sale Opportunity - Business for Sale by way of a sale of the assets.
Fuel Management Facilities Company
The company provides software based fuel management systems, together with fuel storage and dispensing solutions to road and marine transport fleet operators, in both public and private sectors.Brief details of this opportunity are as follows;
• Originally established over thirty years ago
• Nationwide customer base, including many blue chip andgovernment organisations
• Highest recent annual turnover level was in 2008 when almost £2,400,000 was generated, with around £1,800,000 in the lastfinancial year
• ISO 9001 accreditation
The business is currently experiencing financial difficulties due to historic debt servicing and the requirement for further development capital. A short notice sale of the business, by way of a sale of the assets following Administration, is now sought; quantified expressions of interest are therefore requested immediately.
Further details of this opportunity can be obtained, following completion of a confidentiality agreement, available by request from Jessica.Bright@Charterfields.com