LABRIX LIMITED

Other

Funds Requested

£25,000.00

Offered so far

£0.00

Loan term

36 MONTHS

Auction Closed

2013-12-09

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

About the Business

Company Name: LABRIX LIMITED Company Number: 02466103
Business Type: Other Years Trading: more than 10 years
Business Location: MANSFIELD

About the Risk

Risk rating

C

Default rate

13.30%

Bad debt rate

5.47%

About the Security

Security Offered:

Personal Guarantee - PG from director and majority shareholder

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

Collections is Mansfields premier designer wear shopping retailer. We have established ourselves over a 20 year period and have a great reputation. We also offer free delivery for orders via our website www.designerwearatcollections.com

Read more

Loan Offers

What is the loan for?

We are looking to expand and open a second collections store aiming at lower cost high fashion goods. It will also be a great way of dispersing old stock and retaining profit margin. This loan will sort the entire fit out costs.

Why consider investing?

While the general perception is that high street fashion is competitive and hard for independents, in Mansfield there are no designer shops such as House of Fraser, or the big brands having outlets themselves. We have been established over 20 years and we are the lead name for designer fashion in Mansfield.

DateAmountCapitalInterestReceived
10/01/2014£915.26£521.30£393.96
10/02/2014£915.26£529.52£385.74
10/03/2014£915.26£537.86£377.40
10/04/2014£915.26£546.34£368.92
10/05/2014£915.26£554.95£360.31
10/06/2014£915.26£563.69£351.57
10/07/2014£915.26£572.58£342.68
10/08/2014£915.26£581.60£333.66
10/09/2014£915.26£590.77£324.49
10/10/2014£915.26£600.07£315.19
10/11/2014£915.26£609.53£305.73
10/12/2014£915.26£619.14£296.12
10/01/2015£915.26£628.89£286.37
10/02/2015£915.26£638.80£276.46
10/03/2015£915.26£648.87£266.39
10/04/2015£915.26£659.09£256.17
10/05/2015£915.26£669.48£245.78
10/06/2015£915.26£680.03£235.23
10/07/2015£915.26£690.75£224.51
10/08/2015£915.26£701.63£213.63
10/09/2015£915.26£712.69£202.57
10/10/2015£915.26£723.92£191.34
10/11/2015£915.26£735.33£179.93
10/12/2015£915.26£746.91£168.35
10/01/2016£915.26£758.68£156.58
10/02/2016£915.26£770.64£144.62
10/03/2016£915.26£782.78£132.48
10/04/2016£915.26£795.12£120.14
10/05/2016£915.26£807.65£107.61
10/06/2016£915.26£820.38£94.88
10/07/2016£915.26£833.30£81.96
10/08/2016£915.26£846.44£68.82
10/09/2016£915.26£859.77£55.49
10/10/2016£915.26£873.32£41.94
10/11/2016£915.26£887.09£28.17 (21 days late)
10/12/2016£915.26£901.06£14.20 (18 days late)
Total:£24,999.97£7,949.39