North Cumbria craft business for sale for £250,000
Last updated at 09:57, Tuesday, 22 January 2013
One of Cumbria’s most innovative and successful craft businesses is on the market for £250,000 – but the owners are in no rush to sell.
Drew Landsborough and his wife Mara Eagle set up Winged Heart in 1995.
The business in the Old Brewery at Craw Hall, Brampton, makes stained-glass giftware.
Its products can be found in the gift shops of Canterbury and St Paul’s Cathedrals, Westminster Abbey, York Minster, the British Museum, Houses of Parliament and even Notre Dame in Paris.
The owners are in their sixties and looking to retire. With no children to take over, selling was the only option.
Ms Eagle said: “We want to retire – Drew is 70 this year – and we want the business to continue to safeguard the jobs of our staff. We are a family firm and our staff are important to us.
“The sale might not happen this year, it might not happen next year, but everybody has to retire at some point.”
Winged Heart has five full-time and three part-time employees.
Turnover in the last financial year was £500,000 and sales in the current year are up 15 per cent.
There is a growing export trade, particularly to Europe and the U.S.
Mr Landsborough said: “We have just had the best year we’ve ever had, which in a recession isn’t bad.
“We are keen to find the right people [to sell to]. We are not in any hurry.
“It’s a family business and the ideal buyers would be a family, maybe with young children, who are raring to go.”
Although Winged Heart specialises in reproductions of cathedrals’ stained-glass windows, sold through cathedral gift shops, it has many other lines.
These include glass roundels to hang in a window, stained-glass paper weights, photo frames, greeting cards, and mirrors inspired by the famous Glaswegian designer and architect Charles Rennie Mackintosh.
First published at 09:56, Tuesday, 22 January 2013
Published by http://www.cumberlandnews.co.uk
- Should firms support Labour's minimum wage plans?
- Cumbrian businesses refute office space claims
- New Balance Cumbria is 'factory of the future'
- The £7 million semi-detached home in Carlisle?
- Carlisle Living Awards: winners revealed
- Movers and shakers in the Cumbrian business world
- Chef to hold masterclasses for food business start-ups
- Foreign visitors to Lake District on the rise
- Cumbrian village digs its own broadband network
- Story Homes submits plan for 190 houses in north Carlisle (46 comments)
- Record occupancy for Cumbria hotel
- New map shows details of proposed power lines route across Cumbria (10 comments)
- SMEs lose out in council spending
- Stobart Group upbeat about latest results
BBC News business headlines
- Wedding planning duo have ring of confidence
- Benefits of wind power
- Good things come in threes for top accountants
- Apprentice schemes prove popular with school leavers
- Perfect chance to make your leadership dreams come true
- Glenn and Julie had the bottle to go it alone with plastics firm
- Dedication looks set to pay off for an ‘inspirational’ young apprentice
- Pupils compete for chance to quiz companies
- Businesswoman in line for top award
- Mules proved to be just champion at Gimmer lambs annual sale
- Appeal after smashed trailer light in Barrow
- Ulverston man, 81, who fell through roof is "very lucky to be alive" - say family
- Cumbria road closure after collision
- Tributes paid to 'one-of-a-kind' Carlisle dad
- Ulverston supermarket row set for legal showdown in court
- Road closed after one-car crash
- Road closed after car accident
- Barrow pet owner’s heartbreak after beloved cat is killed
- HGV and driving instructor's car collide on busy Carlisle road
- Woman, 70, hurt as Stagecoach bus crashes into cars and building