Blanco & Gomez Wine Merchants Ltd

Investment Requests for Refinance and Capital for Growth

Overview
Funds raised
£31,500
Final AER
17.89%
Loan Term
36
Completed:
28/03/2019
About the Business
Company Name: BLANCO & GOMEZ WINE MERCHANTS LTD Company Number: 07130900
Business Type: WHOLESALE AND RETAIL TRADE INCLUDING REPAIR OF MOTOR VEHICLES Years Trading: 5-10 years
Business Location: London
About the Risk
Risk Rating: C

Default rate

16.2%

Bad debt rate

3.91%

Risk Idicators
Identified:
High Debt-to-Equity Ratio
This company has a higher than average level of company debt in relation to its equity
Low Operating Margin
This business may not be efficiently converting revenue into profit
Below Average Business Credit Rating
A 3rd party credit rating agency has indicated that this business is above average risk.
About the Security
Security Offered:
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Personal Guarantee - PG from sole director, Mr Carlos Blanco Saavedra
Est. Equity: £0.00

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All Assets Debenture - Fixed and floating charge over all assets of the business
Est. Equity: £40130.00

Important Files
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Who are we?

We are a wine merchants founded over 9 years ago. We sell fine wines and spirits on retail and wholesale. We have a wine boutique based in Chelsea, where we operate the retail part of the business and the online platforms. We sell online mainly trough partnerships made with Amazon (EU and Japan), Uvinum (UK and EU), Vivino and Rue de Commerce (France).

Our source of revenue is divided as follows:

Wine Boutique: 40%

Corporate clients: 15%

Online: 45%

READ MORE...

Details

Who are we?

We are a wine merchants founded over 9 years ago. We sell fine wines and spirits on retail and wholesale. We have a wine boutique based in Chelsea, where we operate the retail part of the business and the online platforms. We sell online mainly trough partnerships made with Amazon (EU and Japan), Uvinum (UK and EU), Vivino and Rue de Commerce (France).

Our source of revenue is divided as follows:

Wine Boutique: 40%

Corporate clients: 15%

Online: 45%

READ MORE...

We will used the money to repay a small cash advance that we hold and use the rest for growing capital, as we need to increase our level of stock in order to fulfil the increasing demand coming from the online platforms.

Loan Offers
Business Profile

What is the loan for?

We will used the money to repay a small cash advance that we hold and use the rest for growing capital, as we need to increase our level of stock in order to fulfil the increasing demand coming from the online platforms.

Why consider investing?

Our sales on the online platforms have been substantially growing in the last couple of years, whilst the others are keeping steady.

As a company our growth in the last few years is due to the partnership created with different marketplaces and online platforms, so people will have access to a much bigger selection of wine which usually are not for sales on the traditional high street.

We sell wine internationally to consumers and merchants. If you are interested in sampling some of our selection, please find below links to our seller sites with some of the partners we sell through:

Amazon ITALY

Amazon UK

Amazon FRANCE

Amazon GERMANY

Amazon SPAIN

Amazon JAPAN

Rue du Commerce

Uvinum

Deliveroo

Uber Eats

Security

This loan will be secured by way of a Personal Guarantee and an All Assets Debenture.

A Personal Guarantee will be provided by the sole director, Mr Carlos Blanco Saavedra. Carlos is not a UK homeowner.

An All Assets Debenture will be taken over the company. This will create a first priority fixed and floating charge over all assets of the company. Assets covered by the debenture will include the leasehold interest, a small amount of fixed assets and all of the stock of the business, which has a value of £150,000 according to the latest filed accounts and a full market value of over £400,000 based on the itemised stocklist that was forwarded to us by the director.

Selected Micro Loan

Opportunities...

Buy Capital Seller's
Premium
Price Buyer's
Rate
£97.88 +3.90% £101.70 15.20%
£19.58 +3.95% £20.35 15.16%
£39.15 +4.00% £40.72 15.13%
£19.58 +4.20% £20.40 14.99%
£9.79 +4.25% £10.20 14.95%
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