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Non Trading Company With £150,000 Tax Loss For Sale

Worcester, Worcestershire
Asking Price:
Under £50K
Turnover:
Under £50K
Net Profit:
Not applicable

The business was registered in 1997 as a vehicle for the owners consultancy activities. The only shareholders are the owner and wife,. Full accounts and VAT returns are available.

Over the last few years business has declined but there are losses which can be offset against your profit. The only creditor is the owner.

This years sales will be zero but accumulated tax losses are in excess of £150,000 so with Corporation tax at 18%, the value in saved tax to the purchaser will be in excess of £27,000

Offers in excess of £20,000 are invited

For more information please complete the contact seller button. There may be a delay before I am able to get back to you.

Property information

Location:

Not applicable

Premises Details:

None

Business Operation

Expansion Potential:

Infinite

Competition / Market:

None

Reasons for selling:

Owner is retiring

Employees:
0
Years established:
22

Other Information

Business closed / Asset sale:
Yes
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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