Cj Aerosols Limited

Investment Requests for Loan to Grow Business

Overview
Funds raised
£26,950
Final AER
18.89%
Loan Term
60
Completed:
10/09/2017
About the Business
Company Name: CJ AEROSOLS LIMITED Company Number: 08148647
Business Type: CONSTRUCTION Years Trading: 2-3 years
Business Location: Bedford,
About the Risk
Risk Rating: C

Default rate

14.2%

Bad debt rate

5.08%

Risk Indicators
Identified:
High Debt-to-Equity Ratio
This company has a higher than average level of company debt in relation to its equity
Low Quick Ratio Score
The quick ratio is an indicator of a company’s short-term liquidity. The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets
Below Average Business Credit Rating
A 3rd party credit rating agency has indicated that this business is above average risk.
High level of dividends
It has been identified that directors have recently taken significant dividends from the business
About the Security
Security Offered:
content
Personal Guarantee - PG from Mr Chris Graham
Est. Equity: £0.00

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Personal Guarantee - PG from Mrs Jardine Graham
Est. Equity: £0.00

Important Files
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Who are we?

http://www.cjaerosols.com/

CJ Aerosols provide paint spraying products to customers both within the UK and overseas. They provide a bespoke service to colour match for both paint spraying equipment and "Rattle Cans"

READ MORE...

Details

Who are we?

http://www.cjaerosols.com/

CJ Aerosols provide paint spraying products to customers both within the UK and overseas. They provide a bespoke service to colour match for both paint spraying equipment and "Rattle Cans"

READ MORE...

The loan is needed in order to help the business grow. As we are getting larger, and receiving new orders we need to employ and train new staff. We also wish to improve on our stock levels in order that we may provide a faster service to clients.

Part of the funds will be used to purchase a new vehicle for the business.

Loan Offers
Business Profile

What is the loan for?

The loan is needed in order to help the business grow. As we are getting larger, and receiving new orders we need to employ and train new staff. We also wish to improve on our stock levels in order that we may provide a faster service to clients.

Part of the funds will be used to purchase a new vehicle for the business.

Why consider investing?

We are a growing company that aim to be the go to company for our product. We have a good reputation already but would always want to improve on this.

Security

This loan is to be secured by way of Personal Guarantee, provided by the company directors Mr Chris and Mrs Jardine Graham.

Chris and Jardine have a combined estimated net worth of £463,000.

This is derived from their ownership of two residential properties. The first, their domestic residence, with an estimated by the client at a value of £500,000. Online estimates put the value at £431,000 and it was last sold in 2015 for £404,995.

The property has one charge registered against it to secure a business loan with £200,000 outstanding. The estimated equity remaining in the property is £300,000.

They also own another property with an estimated value of £300,000. This has one charge registered against it with £97,000, leaving an estimated £203,000 equity.

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.
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