Manufacturer of Chemical Coatings
Price:
Leasehold - £795,000
Location:
UK Non-Specific, Relocatable
Business Type:
Corporate Businesses, Manufacturing companies
This is a small independently owned business that was formed in 2008 by two brothers, one of which has worked in the chemical industry for over 15 years, working with some of the finests chemists in the industry. During this time he identified an opportunity for the manufacture of flame retardant chemicals for the textile industry and within 18 months the company has grown dramatically and is going from strength to strength.
The company works primarily for the upholstery and window blinds industry producing flame retardant and waterproof coatings to be applied to textiles.
The company have a distinct advantage on their competitors by taking their chemicals to sub- micron particle size which exceeds new legislations. Some chemical coatings that have been around for the last thirty years will soon be banned ( June 2010). Taking the chemicals to sub-micron particle size results in improved performance of the coatings. This allows flames to be put out quicker, gives the textiles a better handle, needs less of the compound to achieve better results, and has a cost saving resulting in the product offering becoming a very competitive and superior alternative for their customers. The coatings are all tested, non harmfull and enviromentaly friendly and approved by a number of users throughout Europe.
The business runs at present from a leasehold 2,000 square foot unit in an industrial estate in South Yorkshire. The owners have a one months tenancy agreement with the landlord and pay circa £1,475 per month which includes all facilities apart from electricity and phone. Rates are circa £350 per month. The unit comprises of a factory, small office and toilets with canteen facilities. The premises have CCTV and site monitored security and the landlord would be willing to negotiate a new lease although the business is re locatable.
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