152221 / Rightbiz
Turnover of £2.5m with an EBITDA of £323k. Trading for over 20 years. Offers a comprehensive range of drainage, civil engineering and M&E services, acting as a one-stop shop for all of its clients’ requirements. Services offered include, but are not limited to, servicing and repairs, installation and commissioning, building and cable management, electrical testing and inspection and planned preventative maintenance. All clients provide reliable, repeat business on an ongoing basis. Maintains strong, long-standing client relationships, a number of which now span over 20 years. Several of the company’s largest clients are well-established and respected blue-chip organisations. Operates from three leasehold premises. Offers invited.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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