Gladbourne Estates Limited

Investment Requests for Refurbishment Project

Overview
Funds raised
£52,500
Final AER
19.89%
Loan Term
24
Completed:
12/03/2019
About the Business
Company Name: GLADBOURNE ESTATES LIMITED Company Number: SC493338
Business Type: REAL ESTATE ACTIVITIES Years Trading: 3-5 years
Business Location: Edinburgh
About the Risk
Risk Rating: C

Default rate

16.3%

Bad debt rate

3.94%

Risk Idicators
Identified:
High Debt-to-Equity Ratio
This company has a higher than average level of company debt in relation to its equity
High level of borrowings
This business has a high level of borrowings in relation to its turnover
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:
content
Personal Guarantee - PG from Murray Howison
Est. Equity: £2500000.00

Important Files
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Who are we?

The company was founded in Dec 2014 and has grown steadily during the last four years. It has created value through several planning gains, some of which it has sold and some have been retained. The continuing strategy is to find residential property opportunities that have ‘angles’ to create further value. These new opportunities will be retained as the aim is to grow the balance sheet over the long term.

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Details

Who are we?

The company was founded in Dec 2014 and has grown steadily during the last four years. It has created value through several planning gains, some of which it has sold and some have been retained. The continuing strategy is to find residential property opportunities that have ‘angles’ to create further value. These new opportunities will be retained as the aim is to grow the balance sheet over the long term.

READ MORE...

The loan is to invest in a current refurbishment project which will then be refinanced once the project is completed.

Loan Offers
Business Profile

What is the loan for?

The loan is to invest in a current refurbishment project which will then be refinanced once the project is completed.

Why consider investing?

The company is very secure with a net asset value in excess of £500K.

Security

This loan will be secured by way of a Personal Guarantee from the director, Mr Murray Howison. Mr Howison has an estimated net worth of around £2.5m derived from his personal ownership of 13 properties, with a combined estimated value of £7.25m and £3.8m est equity.

Selected Micro Loan

Opportunities...

Buy Capital Seller's
Premium
Price Buyer's
Rate
£96.58 +1.20% £97.74 18.71%
£144.87 +1.97% £147.72 17.90%
£19.32 +1.98% £19.70 17.89%
£19.32 +2.00% £19.70 17.87%
£9.66 +2.00% £9.85 17.87%
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