Funds Raised


Final AER


Loan term


Auction Closed


Micro Loan Opportunities
Buy Capital Seller's
Price Buyer's
£189.84 +7.00% £203.13 16.60%
£9.49 +8.00% £10.25 16.14%
£9.49 +8.50% £10.30 15.91%
£18.98 +8.90% £20.67 15.73%
£9.49 +8.90% £10.34 15.73%

About the Business

Company Name: IB CONTRACTORS LIMITED Company Number: 08474690
Business Type: CONSTRUCTION Years Trading: 5-10 years
Business Location: Cardiff

About the Risk

Risk rating


Default rate


Bad debt rate


About the Security

Security Offered:

Personal Guarantee - PG from sole director

Est. Equity: 1500000.00

Risk Indicators Identified:

Notable Dividends Taken
More than 50% of Net Profit has been taken as dividends within at least one of the assessed periods
May not produce Management Accounts
This company may not prepare management accounts on a regular basis
Late Filing at Companies House
Either the financial statements, annual return or confirmation statement is currently overdue at Companies House

Important Files

Who are we?

IB Contractors was found in 2013, with over 20 years’ experience within the building industry. With our company consistently growing on a yearly basis we are at a current situation in which we require some funding to help our working capital. We are already projected to turnover 1 million pounds worth of building works this year and still have more quotes/meetings to book in further. With the current market and Wales new Government Launch within Wales we are looking to expand further.

Read more

Loan Offers

What is the loan for?

The loan will help our working capital. We require materials for various jobs as the initial outlay for most jobs is greater than during the period of works. We have a large number of projects starting at the same time and as such, this funding will be used for additional cashflow to help to purchase materials to allow work to start on our upcoming projects.

Why consider investing?

IB Contractors has great working relationships with clients and suppliers and many can give an excellent reference confirming our work and professionalism. We are consistently growing and moving with the current markets of the building industry.


This application was assessed based on VAT returns which were provided instead of Management Accounts. During our underwriting process, the applicant supplied a P&L account to December 2018 which they keep as Management Information. This attachment has been uploaded to the listing for lenders to review and download for illustrative purposes, however please bear in mind that: 1) This P&L has not been assessed by our underwriting team; and 2) We have not seen the corresponding Balance Sheet


This loan is to be secured by way of a Personal Guarantee from the sole director, Mr Idris Kahn.

Mr Khan has an estimated net worth of £1.5m. This is derived from his ownership of a property portfolio comprising of 8 properties. These properties have a combined estimated value of £3.9m and £1.6m estimated equity.

30/08/2019£677.96£274.51£403.49Not Due
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30/01/2020£677.96£298.03£379.97Not Due
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30/01/2021£677.96£363.02£314.98Not Due
02/03/2021£677.96£369.04£308.96Not Due
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28/01/2024£677.96£656.07£21.93Not Due
28/02/2024£677.96£666.94£11.05Not Due