Insul-Eight (Contracts) Limited

Investment Requests for Business Expansion/working Capital

Overview
Funds raised
£50,000
Final AER
15.29%
Loan Term
60
Completed:
13/04/2015
About the Business
Company Name: Insul-Eight (Contracts) Limited Company Number: 07821904
Business Type: General Construction Years Trading: 2-3 years
Business Location: ASHTON UNDER LYME
About the Risk
Risk Rating: B

Default rate

7.1%

Bad debt rate

5.84%

About the Security
Security Offered:
content
Personal Guarantee - PG from Phil Walsh
Est. Equity: £0.00

Who are we?

Insul-Eight is an industrial insulation company working on projects such as hospitals, schools, offices and more recently on a wind generation project in Flintshire and Scotland for Siemens. We employ 15 site based operatives and 3 office staff. Thermal insulation is very much of the moment with companies wanting to save energy, and new buildings have to be built with low CO2 emissions and insulation helps with this.

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Details

Who are we?

Insul-Eight is an industrial insulation company working on projects such as hospitals, schools, offices and more recently on a wind generation project in Flintshire and Scotland for Siemens. We employ 15 site based operatives and 3 office staff. Thermal insulation is very much of the moment with companies wanting to save energy, and new buildings have to be built with low CO2 emissions and insulation helps with this.

READ MORE...

The money will be used to pay creditors. One of them being our main creditor, with us getting busier we need them to be comfortable with us. It will in essence be working capital for business expansion.

Loan Offers
Business Profile

What is the loan for?

The money will be used to pay creditors. One of them being our main creditor, with us getting busier we need them to be comfortable with us. It will in essence be working capital for business expansion.

Why consider investing?

Insul-Eight is a good company working with well known contractors on commercial projects. It's well run and lessons have been learnt over the years which have made us stronger. The site operatives are hand picked over my 30 years in the business and provide an excellent service which is why we have ended up working for such respected customers such as MW Hargreaves, Balfour Beatty and Siemens

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Security The loan is to be secured by way of Personal Guarantee

The Director has an estimate net worth of £75k. This is from ownership of a property with an estimate value of £ 215k and equity of £75k

Selected Micro Loan

Opportunities...

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