Clever-Company Limited - In Administration
On behalf of the Administrators of Clever-Company Limited, an excellent opportunity exists to purchase the business and/or assets of a well-established supplier of innovative outdoor recreation products.
The business which trades from two leasehold sites designs, develops, and sells an extensive range of high quality and innovative outdoor recreation products, directly to consumer and retail. A well-known brand recognised as one of the leaders in the sector. The brand is protected through registered trademarks.
Products include above ground pools, inflatable hot tubs and hot tub accessories, chemicals and maintenance. The business has a wide range of retail customers, including Homebase, B&Q, and The Range.
Interested parties will be required to sign an NDA, ahead of further information being provided.
All expressions of interest must be registered by no later than Friday 4 November 2022.
Key Investment Features
- The company has seen year on year growth in Hot Tubs between FY18 and FY22, with 75k units sold in FY22.
- The company has placed emphasis on growth via increasing business on websites and other platforms, leading to an increase in website traffic and social media reach.
- International sales were identified as a key area for growth, while trading the business worked with a Service Centre in Strasbourg operated by a Distributor for France and Germany.
- The operation has been mothballed while the sale process is undertaken.
High Level Financial Information
Shown on the attached Business Overview Memo
Expressions of Interest
Interested parties are invited to submit offers by no later than 5pm (UK) on Friday 4 November 2022.
For further information, please contact the following SIA Group representatives
Dominic Castle - dominic.castle@sia-group.co.uk
Neil Evans - neil.evans@sia-group.co.uk
Richard Parkin - richard.parkin@sia-group.co.uk
are registered trademarks of SIA Group Asset Ingenuity Limited