LUMINOS LIGHTING LIMITED

Manufacturing

Funds Requested

£27,000.00

Offered so far

£0.00

Loan term

60 MONTHS

Auction Closed

2014-01-07

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

About the Business

Company Name: LUMINOS LIGHTING LIMITED Company Number: 07228288
Business Type: Manufacturing Years Trading: 2-3 years
Business Location: HAMPSHIRE

About the Risk

Risk rating

A

Default rate

7.00%

Bad debt rate

9.69%

About the Security

Security Offered:

Personal Guarantee - PG from [name of director(s)]

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

We design and sell low energy lighting. Our margin is between 30% & 80% our average is 62% we are just opening the business up to sell to the wholesaler hence the 30% margin but much bigger volumes. We have completed projects in Bristol Airport, Nottingham PCT & The MET Police. We save customers typically 66% on energy cost. We both buy in and make lighting products, in Basingstoke.

Read more

Loan Offers

What is the loan for?

We can only sell to the wholesalers if we have stock. We have had very positive feedback from 60 outlets, We have the right product at the right price. We need to produce a catalogue, setup an online shop and begin telesales.

Why consider investing?

We have built a circa £6m pipe line in potential business and have had many repeat orders from major customers. We are in a rapidly growing market and should be able to sell the company in 6 years for £2-3m.

DateAmountCapitalInterestReceived
08/02/2014£616.27£320.62£295.65
08/03/2014£616.27£324.13£292.14
08/04/2014£616.27£327.68£288.59
08/05/2014£616.27£331.27£285.00
08/06/2014£616.27£334.90£281.37
08/07/2014£616.27£338.56£277.71
08/08/2014£616.27£342.27£274.00
08/09/2014£616.27£346.02£270.25
08/10/2014£616.27£349.81£266.46
08/11/2014£616.27£353.64£262.63
08/12/2014£616.27£357.51£258.76
08/01/2015£616.27£361.42£254.85
08/02/2015£616.27£365.38£250.89
08/03/2015£616.27£369.38£246.89
08/04/2015£616.27£373.43£242.84
08/05/2015£616.27£377.52£238.75
08/06/2015£616.27£381.65£234.62
08/07/2015£616.27£385.83£230.44
08/08/2015£616.27£390.05£226.22
08/09/2015£616.27£394.32£221.95
08/10/2015£616.27£398.64£217.63
08/11/2015£616.27£403.01£213.26
08/12/2015£616.27£407.42£208.85
08/01/2016£616.27£411.88£204.39
08/02/2016£616.27£416.39£199.88
08/03/2016£616.27£420.95£195.32
08/04/2016£616.27£425.56£190.71
08/05/2016£616.27£430.22£186.05
08/06/2016£616.27£434.93£181.34
08/07/2016£616.27£439.69£176.58
08/08/2016£616.27£444.51£171.76
08/09/2016£616.27£449.38£166.89
08/10/2016£616.27£454.30£161.97
08/11/2016£616.27£459.27£157.00
08/12/2016£616.27£464.30£151.97
08/01/2017£616.27£469.38£146.89
08/02/2017£616.27£474.52£141.75
08/03/2017£616.27£479.72£136.55
08/04/2017£616.27£484.97£131.30
08/05/2017£616.27£490.28£125.99
08/06/2017£616.27£495.65£120.62
08/07/2017£616.27£501.08£115.19
08/08/2017£616.27£506.57£109.70
08/09/2017£616.27£512.11£104.16
08/10/2017£616.27£517.72£98.55
08/11/2017£616.27£523.39£92.88
08/12/2017£616.27£529.12£87.15
08/01/2018£616.27£534.92£81.35
08/02/2018£616.27£540.77£75.50
08/03/2018£616.27£546.69£69.58
08/04/2018£616.27£552.68£63.59
08/05/2018£616.27£558.73£57.54
08/06/2018£616.27£564.85£51.42
08/07/2018£616.27£571.04£45.23
08/08/2018£616.27£577.29£38.98
08/09/2018£616.27£583.61£32.66
08/10/2018£616.27£590.00£26.27
08/11/2018£616.27£596.46£19.81
08/12/2018£616.27£602.99£13.28 (31 days late)
08/01/2019£616.27£609.59£6.68 (9 days late)
Total:£26,999.97£9,976.23