Bewley Recruitment Ltd

Recruitment

Funds Raised

£63,500.00

Final AER

18.65%

Loan term

60 MONTHS

Auction Closed

2015-05-14

Micro Loan Opportunities
Buy Capital Seller's
Premium
Price Buyer's
Rate
BuyBack
£19.35 +5.27% £20.37 5.00%

About the Business

Company Name: Bewley Recruitment Ltd Company Number: 02877252
Business Type: Recruitment Years Trading: more than 10 years
Business Location: 49 PARK STREET

About the Risk

Risk rating

C

Default rate

13.00%

Bad debt rate

5.33%

About the Security

Security Offered:

All Assets Debenture - Fixed and floating charge created over all assets of applicant company

Est. Equity: 0.00

Personal Guarantee - PG from Maurice Sardison

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

Visit Our Website

Established for 20 years, Bewley has never sought to be the biggest recruitment company, instead we have focused on delivering excellent service whilst assuring confidentiality throughout. As a result we are proud to be one of the most respected legal recruiters.

We offer Recruitment services to the Legal Profession only and specialise in promoting opportunities attractive to Legal Executives and Solicitors at all levels of experience - up to and including Partners.

In addition, we have an extensive track record of providing Locums for short, long and maternity leave assignments. Our Support Staff recruitment capability includes experienced HR, Accounting, Marketing, IT, Practice/Office Management people and Legal Secretaries.

We are proud of the high levels of repeat business that we are awarded, from local, regional and national Clients. Our commitment to excellent service has remained unchanged over the years; likewise our assurance of complete confidentiality..

Read more

Loan Offers

What is the loan for?

The business has been trading for many years and has been running old systems that are outdated and slow. We need to spend money on upgrading the systems to a more automated and fluid systems, will be carrying out a full refurbishment of the office to make it more modern, fresher and give a more professional feel; we want to expand in outer parts of the south east of the UK and more towards London area as there are plenty of opportunities to do so and we need some working capital to cover the day-to-day running of the business, carry out some rebranding work and enhance the website.

Why consider investing?

I (Nigel Ling) have over 25 years business experience and have worked in the professional services industry for most of my professional career and made good money in doing so which has allowed me to acquire assets, stocks and shares, build my pension pot and savings. My business partner Russ also has over 20 years’ experience in the recruitment sector and has run his own recruitment business overseas which was very successful. The business has been built on strong foundations and has a solid and consistent client base and is well respected in the industry. And neither us nor the business has any adverse information held against us which I feel puts us in good stead.

Security

The loan is to be secured by way of Directors guarantee as well as a All Assets Debenture on the applicant company.

The director has an estimated net worth of £267k, through ownership of a property with an estimated value of £340k and approximately £267k equity.

DateAmountCapitalInterestReceived
14/06/2015£1,635.02£648.12£986.90
14/07/2015£1,635.02£658.20£976.82
14/08/2015£1,635.02£668.43£966.59
14/09/2015£1,635.02£678.82£956.20
14/10/2015£1,635.02£689.37£945.65
14/11/2015£1,635.02£700.08£934.94
14/12/2015£1,635.02£710.96£924.06
14/01/2016£1,635.02£722.01£913.01
14/02/2016£1,635.02£733.23£901.79
14/03/2016£1,635.02£744.63£890.39
14/04/2016£1,635.02£756.20£878.82
14/05/2016£1,635.02£767.95£867.07
14/06/2016£1,635.02£779.89£855.13
14/07/2016£1,635.02£792.01£843.01
14/08/2016£1,635.02£804.32£830.70
14/09/2016£1,635.02£816.82£818.20
14/10/2016£1,635.02£829.51£805.51
14/11/2016£1,635.02£842.40£792.62
14/12/2016£1,635.02£855.50£779.52
14/01/2017£1,635.02£868.79£766.23
14/02/2017£1,635.02£882.29£752.73
14/03/2017£1,635.02£896.01£739.01
14/04/2017£1,635.02£909.93£725.09
14/05/2017£1,635.02£924.07£710.95
14/06/2017£1,635.02£938.44£696.58
14/07/2017£1,635.02£953.02£682.00
14/08/2017£1,635.02£967.83£667.19
14/09/2017£1,635.02£982.87£652.15
14/10/2017£1,635.02£998.15£636.87
14/11/2017£1,635.02£1,013.66£621.36
14/12/2017£1,635.02£1,029.42£605.60
14/01/2018£1,635.02£1,045.41£589.61
14/02/2018£1,635.02£1,061.66£573.36
14/03/2018£1,635.02£1,078.16£556.86
14/04/2018£1,635.02£1,094.92£540.10
14/05/2018£1,635.02£1,111.94£523.08
14/06/2018£1,635.02£1,129.22£505.80
14/07/2018£1,635.02£1,146.77£488.25
14/08/2018£1,635.02£1,164.59£470.43
14/09/2018£1,635.02£1,182.69£452.33
14/10/2018£1,635.02£1,201.07£433.95
14/11/2018£1,635.02£1,219.74£415.28
14/12/2018£1,635.02£1,238.69£396.33
14/01/2019£1,635.02£1,257.94£377.08
14/02/2019£1,635.02£1,277.49£357.53
14/03/2019£1,635.02£1,297.35£337.67
14/04/2019£1,635.02£1,317.51£317.51
14/05/2019£1,635.02£1,337.99£297.03
14/06/2019£1,635.02£1,358.78£276.24
14/07/2019£1,635.02£1,379.90£255.12
14/08/2019£1,635.02£1,401.35£233.67
14/09/2019£1,635.02£1,423.13£211.89
14/10/2019£1,635.02£1,445.24£189.78Not Due
14/11/2019£1,635.02£1,467.71£167.31Not Due
14/12/2019£1,635.02£1,490.52£144.50Not Due
14/01/2020£1,635.02£1,513.68£121.34Not Due
14/02/2020£1,635.02£1,537.21£97.81Not Due
14/03/2020£1,635.02£1,561.10£73.92Not Due
14/04/2020£1,635.02£1,585.36£49.66Not Due
14/05/2020£1,635.02£1,610.00£25.02Not Due
Total:£63,500.04£34,601.16