Wellfit Direct Ltd

Other

Funds Raised

£61,000.00

Final AER

13.74%

Loan term

60 MONTHS

Auction Closed

2014-02-12

Recovery News
This loan may be behind with its repayment schedule and so microloan trading has been suspended while we work to help the business recover its repayment form. Please see the Loan Updates tab for recent updates.

About the Business

Company Name: Wellfit Direct Ltd Company Number: 07463029
Business Type: Other Years Trading: 2-3 years
Business Location: MID GLAMORGAN

About the Risk

Risk rating

A

Default rate

7.00%

Bad debt rate

9.69%

About the Security

Security Offered:

Personal Guarantee - PG from Gareth Cooper

Est. Equity: 0.00

All Assets Debenture - Debenture creating a fixed and floating charge over the assets of the company

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

Wellfit direct limited are suppliers of fitness equipment to the public and commercial sector. We provide a professional solution to many premier league football teams and chains including Tottenham Hotspurs, Sheffield Wednesday and the like. We provide the one stop shop solution to anyone looking for fitness equipment.

Read more

Loan Offers

What is the loan for?

The loan is for the purchase of stock to fulfill a large commercial order.

Why consider investing?

Wellfit has a proven track record. It has a order in place from a reputable customer. It also has attractive filed accounts to show its track record. ** The Directors Guarantee is supported by 5 properties, with an estimate £300k combined equity.**

DateAmountCapitalInterestReceived
22/03/2014£1,411.15£712.70£698.45
22/04/2014£1,411.15£720.86£690.29
22/05/2014£1,411.15£729.12£682.03
22/06/2014£1,411.15£737.47£673.68
22/07/2014£1,411.15£745.91£665.24
22/08/2014£1,411.15£754.45£656.70
22/09/2014£1,411.15£763.09£648.06
22/10/2014£1,411.15£771.83£639.32
22/11/2014£1,411.15£780.67£630.48 (10 days late)
22/12/2014£1,411.15£789.60£621.55
22/01/2015£1,411.15£798.64£612.51
22/02/2015£1,411.15£807.79£603.36
22/03/2015£1,411.15£817.04£594.11
22/04/2015£1,411.15£826.39£584.76
22/05/2015£1,411.15£835.86£575.29
22/06/2015£1,411.15£845.43£565.72
22/07/2015£1,411.15£855.11£556.04
22/08/2015£1,411.15£864.90£546.25
22/09/2015£1,411.15£874.80£536.35 (8 days late)
22/10/2015£1,411.15£884.82£526.33 (22 days late)
22/11/2015£1,411.15£894.95£516.20
22/12/2015£1,411.15£905.20£505.95
22/01/2016£1,411.15£915.56£495.59 (124 days late)
22/02/2016£1,411.15£926.04£485.111303 days overdue
22/03/2016£1,411.15£936.65£474.501274 days overdue
22/04/2016£1,411.15£947.37£463.781243 days overdue
22/05/2016£1,411.15£958.22£452.931213 days overdue
22/06/2016£1,411.15£969.19£441.961182 days overdue
22/07/2016£1,411.15£980.29£430.861152 days overdue
22/08/2016£1,411.15£991.51£419.641121 days overdue
22/09/2016£1,411.15£1,002.86£408.291090 days overdue
22/10/2016£1,411.15£1,014.35£396.801060 days overdue
22/11/2016£1,411.15£1,025.96£385.191029 days overdue
22/12/2016£1,411.15£1,037.71£373.44999 days overdue
22/01/2017£1,411.15£1,049.59£361.56968 days overdue
22/02/2017£1,411.15£1,061.61£349.54937 days overdue
22/03/2017£1,411.15£1,073.76£337.39909 days overdue
22/04/2017£1,411.15£1,086.06£325.09878 days overdue
22/05/2017£1,411.15£1,098.49£312.66848 days overdue
22/06/2017£1,411.15£1,111.07£300.08817 days overdue
22/07/2017£1,411.15£1,123.79£287.36787 days overdue
22/08/2017£1,411.15£1,136.66£274.49756 days overdue
22/09/2017£1,411.15£1,149.67£261.48725 days overdue
22/10/2017£1,411.15£1,162.84£248.31695 days overdue
22/11/2017£1,411.15£1,176.15£235.00664 days overdue
22/12/2017£1,411.15£1,189.62£221.53634 days overdue
22/01/2018£1,411.15£1,203.24£207.91603 days overdue
22/02/2018£1,411.15£1,217.02£194.13572 days overdue
22/03/2018£1,411.15£1,230.95£180.20544 days overdue
22/04/2018£1,411.15£1,245.05£166.10513 days overdue
22/05/2018£1,411.15£1,259.30£151.85483 days overdue
22/06/2018£1,411.15£1,273.72£137.43452 days overdue
22/07/2018£1,411.15£1,288.31£122.84422 days overdue
22/08/2018£1,411.15£1,303.06£108.09391 days overdue
22/09/2018£1,411.15£1,317.98£93.17360 days overdue
22/10/2018£1,411.15£1,333.07£78.08330 days overdue
22/11/2018£1,411.15£1,348.33£62.82299 days overdue
22/12/2018£1,411.15£1,363.77£47.38269 days overdue
22/01/2019£1,411.15£1,379.39£31.76238 days overdue
22/02/2019£1,411.15£1,395.18£15.97207 days overdue
Total:£61,000.02£23,668.98