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To find out more about The Landwood Group and other business available for sale visit www.landwoodgroup.com
Disclaimer: The purpose of this document is to assist the recipient in deciding whether to investigate the possibility of acquiring the business/business and assets. It is not intended
to form the basis of an acquisition decision. The recipient must make their own independent assessment of the business, rely on their own investigations and should obtain
independent advice. The information in this document has not been verified by Landwood, who do not give, nor have any authority to give, any representation or warranty
(express or implied) as to its accuracy or completeness. In the event the sale is via an insolvency process, the Joint Administrative Receiver/Administrator act as agents of the
Company without personal liability. If you no longer wish to receive information from Landwood in relation to business for sale and any other marketing information, would like
to amend your contact details or know of any other person or entity who would like to receive this information, please email: enquiries@landwoodgroup.com
Dow Schofield Watts Business Recovery LLP and Landwood
Group have been instructed by the directors to assist in the
disposal of a watch retail business based in London (“the
Company”).
Due to the financial position of the Company it is anticipated
that a sale of the business and assets will be completed
through a formal insolvency procedure.
Deadline for offers
Offers are required by 4pm on 1 February 2016.
Further details and contact
Amy Lowden
Dow Schofield Watts
7400 Daresbury Park, Daresbury, Warrington, WA4 4BS
Tel. 0844 776 2740
Fax. 0844 776 2741
Email. amy@dswrecovery.com
Michael Booth
Landwood Group
South Central, 11 Peter Street, Manchester, M2 5QR
Tel. 0161 710 2010
Mobile. 07584 314 553
Email. michael.booth@landwoodgroup.com
Background
The Company is a long established multi-channel watch retailer
with a strong brand and a proprietary website offering same day
despatch. It operates from leasehold premises in London.
The business currently has the following routes to market:
Online sales via proprietary website;
Market place sales via e-Bay, Amazon etc.;
Wholesale of excess and clearance stock;
Retail outlet;
Concession showcases in high end hotels.
Business highlights
Turnover of £5,420k for the 11 month period to 31
December 2015
Turnover of £5,341k for year ended 31 January 2015.
Approx. 25% growth in online sales for y/e 31 January 2016
25 employees
Further details will be supplied subject to the signing of a
confidentiality agreement.
BUSINESS BRIEFING NOTE
Project Sundial