EAST END COSMETICS LIMITED

Other

Funds Requested

£78,000.00

Offered so far

£0.00

Loan term

60 MONTHS

Auction Closed

2013-10-31

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This loan is now passed its deadline, lender funds will soon be released.

About the Business

Company Name: EAST END COSMETICS LIMITED Company Number: 04812353
Business Type: Other Years Trading: more than 10 years
Business Location: LONDON

About the Risk

Risk rating

C

Default rate

13.30%

Bad debt rate

5.47%

About the Security

Security Offered:

Personal Guarantee - PG from Shabir Bhanji

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

Here at east end cosmetics we have been bringing you the best and biggest names in branded cosmetics, fragrances, skin care and a range of toiletry products, for the last 30 years. Based in London, our flag ship store at the east end is well known for offering all cosmetics at wholesale prices. East End Cosmetics UK have always offered branded and designer perfumes at discount prices and at lower prices than you will find on the high street. We pride ourselves in offering cheap cosmetics and cheap fragrances at all our outlets in UK and offer wholesale prices for all our online customers. With the festive season approaching we eap fragrances at all our outlets in UK and offer wholesale prices for all our online customers. With the festive season approaching we are happy to list your favorite Cosmetics, designer fragrances, gift sets and Christmas gift bags. SECURITY: There will be a personal guarantee signed by the director and a second charge secured on a property owned by a family member.

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Loan Offers

What is the loan for?

The loan will be used for the refurbishment of 131 Middlesex St, to sustain brand image.

Why consider investing?

We have been setup for 20 years and have a strong commitment to our business and it's growth. The loan is supported by a Personal Guarantee from the borrower as well as a second charge on a property. The Property has a value of £300k with approximately £100k outstanding.

DateAmountCapitalInterestReceived
01/12/2013£1,957.00£823.40£1,133.60
01/01/2014£1,957.00£835.37£1,121.63
01/02/2014£1,957.00£847.51£1,109.49
01/03/2014£1,957.00£859.83£1,097.18
01/04/2014£1,957.00£872.32£1,084.68
01/05/2014£1,957.00£885.00£1,072.00
01/06/2014£1,957.00£897.86£1,059.14
01/07/2014£1,957.00£910.91£1,046.09
01/08/2014£1,957.00£924.15£1,032.85
01/09/2014£1,957.00£937.58£1,019.42
01/10/2014£1,957.00£951.21£1,005.79
01/11/2014£1,957.00£965.03£991.97
01/12/2014£1,957.00£979.06£977.95
01/01/2015£1,957.00£993.29£963.72
01/02/2015£1,957.00£1,007.72£949.28
01/03/2015£1,957.00£1,022.37£934.64
01/04/2015£1,957.00£1,037.23£919.78
01/05/2015£1,957.00£1,052.30£904.70
01/06/2015£1,957.00£1,067.59£889.41
01/07/2015£1,957.00£1,083.11£873.89
01/08/2015£1,957.00£1,098.85£858.15
01/09/2015£1,957.00£1,114.82£842.18
01/10/2015£1,957.00£1,131.02£825.98
01/11/2015£1,957.00£1,147.46£809.54
01/12/2015£1,957.00£1,164.14£792.87
01/01/2016£1,957.00£1,181.06£775.95
01/02/2016£1,957.00£1,198.22£758.78
01/03/2016£1,957.00£1,215.63£741.37
01/04/2016£1,957.00£1,233.30£723.70
01/05/2016£1,957.00£1,251.22£705.78
01/06/2016£1,957.00£1,269.41£687.59
01/07/2016£1,957.00£1,287.86£669.14
01/08/2016£1,957.00£1,306.58£650.43
01/09/2016£1,957.00£1,325.56£631.44
01/10/2016£1,957.00£1,344.83£612.17
01/11/2016£1,957.00£1,364.37£592.63
01/12/2016£1,957.00£1,384.20£572.80
01/01/2017£1,957.00£1,404.32£552.68
01/02/2017£1,957.00£1,424.73£532.27
01/03/2017£1,957.00£1,445.44£511.57
01/04/2017£1,957.00£1,466.44£490.56
01/05/2017£1,957.00£1,487.75£469.25
01/06/2017£1,957.00£1,509.38£447.63
01/07/2017£1,957.00£1,531.31£425.69
01/08/2017£1,957.00£1,553.57£403.43
01/09/2017£1,957.00£1,576.15£380.86
01/10/2017£1,957.00£1,599.05£357.95
01/11/2017£1,957.00£1,622.29£334.71
01/12/2017£1,957.00£1,645.87£311.13
01/01/2018£1,957.00£1,669.79£287.21
01/02/2018£1,957.00£1,694.06£262.94
01/03/2018£1,957.00£1,718.68£238.32
01/04/2018£1,957.00£1,743.66£213.35
01/05/2018£1,957.00£1,769.00£188.01
01/06/2018£1,957.00£1,794.71£162.30
01/07/2018£1,957.00£1,820.79£136.21
01/08/2018£1,957.00£1,847.25£109.75
01/09/2018£1,957.00£1,874.10£82.90
01/10/2018£1,957.00£1,901.34£55.67
01/11/2018£1,957.00£1,928.97£28.03
Total:£78,000.03£39,420.14