Total of 18659 firms and businesses for sale today Sunday 12th May 2024
Sold. Pioneering Dredging Company Offers Invited
LISTING DETAILS
Firms For Sale ID:
24311
Vendor reference:
GF031
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed
Years established:
3
Number of employees:
1
OTHER DETAILS
Reason for selling:
Required organisational and financial resources to commercialise this proven technology on a national and international scale.
Having taken the business as far as possible within the constraints of available resources, the current owners have taken the decision to offer the business to a third party to build on the excellent foundations already laid and to realize the full potential.
This would be an ideal commercial opportunity for an established international dredging company looking for novel patented hydrodynamic dredging systems (to complement its other dredging systems) and /or an established manufacturing company interested in the manufacture and sale of the two classes of dredger, the ‘MiniDredger’ and the ‘MaxiDredger’ (copyright) worldwide.
Support and training:
The current owners will provide all necessary training and all relevant contacts to ensure a smooth and swift transfer of the business to new owners. In addition, as the design, production and technical inspiration behind the technologies, the current owners would welcome an on-going mutually rewarding role in an enlarged organisation, subject to negotiation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Pioneering Dredging Company with Patented, Industry-Changing Silt Removal System
Ref.GF031
Location UK and Re-locatable
Offers Invited
The company was formed to develop new patented technologies that offer innovative solutions for silt removal; and to prove the commercial viability of those technologies by trading as a corporate entity. Both the technologies and their commercial viability have now been proven, and hence the business offer is now due. New variants of the technology will continue to be developed on an on-going basis.
Established in 2007 and built upon extensive experience, the current owners of the business have available these new dredging systems, a detailed knowledge of dredging contracts available in the UK, and two fully equipped dredging vessels and a third due to start operations in October 2009. The company is based in South East England.
The new techniques and technology are rapidly redefining the nature of this sector of the dredging industry. In a relatively short period of time the business has completed thirty contracts. This involved tackling dredging problems in environmentally sensitive areas, in small rivers and relatively shallow tidal waters, as well as in the deeper waters of the Thames Estuary. The work included high profile contracts for prestigious clients such as the Environment Agency, the Port of London Authority, Medway Council and the Medway Ports Authority. A fuller list is available where sites are not confidential and references can be given.