WILLOWTREE PROPERTIES LTD

Construction

Funds Raised

£50,000.00

Final AER

13.71%

Loan term

60 MONTHS

Auction Closed

2014-09-30

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: WILLOWTREE PROPERTIES LTD Company Number: 04256791
Business Type: Construction Years Trading: more than 10 years
Business Location: BARNARD CASTLE

About the Risk

Risk rating

A

Default rate

7.00%

Bad debt rate

9.69%

About the Security

Security Offered:

Cross Corporate Guarantee - CCG from Mcleod Fencing Ltd

Est. Equity: 0.00

Personal Guarantee - PG from director and majority shareholder

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

Long established and local family run company original formed as a property management company but currently their principal activity is that of owner operators of excavating and processing plant within the local Coxhoe Quarry, which is owned by the large blue chip company Hope Construction. Willowtree have an ongoing contract with the quarry for the excavation and processing of aggregates for Hope’s customers and they are the largest owner operator within the Coxhoe quarry.

Read more

Loan Offers

What is the loan for?

Willowtree has grown rapidly over recent years and due to a large contract they have won with Hope Construction Limited they are looking to invest in more capital equipment.

Why consider investing?

Willowtree are a well established and thriving family run business who have been trading successful for almost 15 years. They have recently won a contract which will prove to be extremely profitable with Hope Construction Limited. Willowtree illustrate easy affordability and have an excellent credit rating with strong financials.

Security

This loan is to be secured by a Personal Guarantee by each of the two directors as well as a cross corporate Guarantee by Mcleod Fencing Ltd ( 04142149).

The directors have an estimate combined net worth of £477k, based on ownership of two properties with a combined est value of $595k and an est. equity holding of £503k

DateAmountCapitalInterestReceived
30/10/2014£1,155.91£584.66£571.25
30/11/2014£1,155.91£591.34£564.57
30/12/2014£1,155.91£598.09£557.82
30/01/2015£1,155.91£604.93£550.98
02/03/2015£1,155.91£611.84£544.07
30/03/2015£1,155.91£618.83£537.08
30/04/2015£1,155.91£625.90£530.01
30/05/2015£1,155.91£633.05£522.86
30/06/2015£1,155.91£640.28£515.63
30/07/2015£1,155.91£647.60£508.31
30/08/2015£1,155.91£655.00£500.91
30/09/2015£1,155.91£662.48£493.43
30/10/2015£1,155.91£670.05£485.86
30/11/2015£1,155.91£677.70£478.21
30/12/2015£1,155.91£685.45£470.46
30/01/2016£1,155.91£693.28£462.63
01/03/2016£1,155.91£701.20£454.71
30/03/2016£1,155.91£709.21£446.70
30/04/2016£1,155.91£717.31£438.60
30/05/2016£1,155.91£725.51£430.40
30/06/2016£1,155.91£733.80£422.11
30/07/2016£1,155.91£742.18£413.73
30/08/2016£1,155.91£750.66£405.25
30/09/2016£1,155.91£759.24£396.67
30/10/2016£1,155.91£767.91£388.00
30/11/2016£1,155.91£776.68£379.23
30/12/2016£1,155.91£785.56£370.35
30/01/2017£1,155.91£794.53£361.38
02/03/2017£1,155.91£803.61£352.30
30/03/2017£1,155.91£812.79£343.12
30/04/2017£1,155.91£822.08£333.83
30/05/2017£1,155.91£831.47£324.44811 days overdue
30/06/2017£1,155.91£840.97£314.94780 days overdue
30/07/2017£1,155.91£850.58£305.33750 days overdue
30/08/2017£1,155.91£860.30£295.61719 days overdue
30/09/2017£1,155.91£870.12£285.79688 days overdue
30/10/2017£1,155.91£880.07£275.84658 days overdue
30/11/2017£1,155.91£890.12£265.79627 days overdue
30/12/2017£1,155.91£900.29£255.62597 days overdue
30/01/2018£1,155.91£910.58£245.33566 days overdue
02/03/2018£1,155.91£920.98£234.93535 days overdue
30/03/2018£1,155.91£931.50£224.41507 days overdue
30/04/2018£1,155.91£942.14£213.77476 days overdue
30/05/2018£1,155.91£952.91£203.00446 days overdue
30/06/2018£1,155.91£963.79£192.12415 days overdue
30/07/2018£1,155.91£974.81£181.10385 days overdue
30/08/2018£1,155.91£985.94£169.97354 days overdue
30/09/2018£1,155.91£997.21£158.70323 days overdue
30/10/2018£1,155.91£1,008.60£147.31293 days overdue
30/11/2018£1,155.91£1,020.12£135.79262 days overdue
30/12/2018£1,155.91£1,031.78£124.13232 days overdue
30/01/2019£1,155.91£1,043.57£112.34201 days overdue
02/03/2019£1,155.91£1,055.49£100.42170 days overdue
30/03/2019£1,155.91£1,067.55£88.36142 days overdue
30/04/2019£1,155.91£1,079.75£76.16111 days overdue
30/05/2019£1,155.91£1,092.08£63.8381 days overdue
30/06/2019£1,155.91£1,104.56£51.3550 days overdue
30/07/2019£1,155.91£1,117.18£38.7320 days overdue
30/08/2019£1,155.91£1,129.94£25.97Not Due
30/09/2019£1,155.91£1,142.85£13.06Not Due
Total:£50,000.00£19,354.60