LES JOLI LIMITED

Manufacturing

Funds Raised

£36,729.00

Final AER

19.32%

Loan term

60 MONTHS

Auction Closed

N/A

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.

About the Business

Company Name: LES JOLI LIMITED Company Number: 08392931
Business Type: Manufacturing Years Trading: 2-3 years
Business Location: 33 GREAT GEORGE STREET

About the Risk

Risk rating

C

Default rate

13.30%

Bad debt rate

5.47%

About the Security

Security Offered:

All Assets Debenture

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

Visit Our Website

PLEASE NOTE THAT THIS BUSINESS FAILED TO ADHERE TO THEIR ORIGINAL REPAYMENT SCHEDULE. THE LOAN HAS BEEN REFACTORED AND IS NOW REPAYING ACCORDING TO A NEW SCHEDULE. YOU SHOULD READ THE LOAN UPDATES ON THIS LOAN BEFORE BUYING ANY MICRO LOANS IN THIS BUSINESS

We manufacture and retail natural and organic hair and beauty products.

Les Joli is more than a business providing cosmetic solutions, it is a conscious effort to research, develop and provide products that are not only wonderful to use, but their main focus is about achieving results in a healthier way.

While many products express the desire to assist you with your cosmetic goals, they fail to mention the counter-intuitive ingredients within them.

Harsh chemicals, colours, preservatives and perfumes among many other non-required harmful ingredients will be found in many of the beauty products currently sitting on your shelves. These so called active ingredients and chemicals, may be the very causes of some of the problems we aim to counter when we purchase our cosmetics.

Natural and Organic is the fundamental principle behind our products, and in a society where the unnatural has become the common standard, we aim to educate and draw you away from this mode of thinking. In order to assist us with bringing you a range of products bound by the principles off this ethos, Les Joli has employed an ancient tradition called Ayurveda.

Ayurveda, the science of life, are natural remedies passed from generation to generation spanning 5 Millennia providing wisdom on how to tackle the most troublesome of cosmetic needs and even more. This holistic system has also been known to improve health, vitality and general well-being. Les Joli wishes to share this with you, our customer.

Read more

Loan Offers

What is the loan for?

The funds borrowed will help make a premium beauty range which will include – Mum baby range – Nipple cream, Body wash, Body moisture, Nappy Rash cream and Shampoo.

Premium body range – Body moisturiser, Body milk, Body butter, Body scrub, Face cream, Hand cream, Foot cream, Foot scrub, Men’s face cream and cleanser.

We will also use the funds for labelling and advertising.

We will be leasing a new office and hiring a sales rep and customer service rep. After we have completed our range and office relocation we will re contact Harrods and Harvey Nichols to establish a concession.

Why consider investing?

We have grown rapidly in the last 2 years and have recently been in contact with Harvey Nichols and Harrods.

They are both very interested in our range and show interest in our upcoming expansion. We have been advised by both shops to complete our range and re contact them so we can own a concession which is a guaranteed return on any investment.

We have established a gap in the market for natural and organic hair growth products advertised in big shops such as Superdrug and Boots. At present there are no natural alternatives. I have built this business from an idea that started with me wanting to help my husband’s hair grow naturally, to a profit making business from just 4 products and little advertising. The funds borrowed will help make a premium beauty range and a mum baby range, that will give us the range needed to own a concession in major stores.

Security

The Loan is to be secured by way of Personal Guarantee and All Assets Debenture.

The Director does not have any tangible assets to support the loan and chosen to support the loan by way of Personal Guarantee insurance

DateAmountCapitalInterestReceived
28/03/2016£959.06£368.02£591.04
28/04/2016£959.06£373.94£585.121208 days overdue
28/05/2016£959.06£379.96£579.101178 days overdue
28/06/2016£959.06£386.07£572.991147 days overdue
28/07/2016£959.06£392.29£566.771117 days overdue
28/08/2016£959.06£398.60£560.461086 days overdue
28/09/2016£959.06£405.01£554.051055 days overdue
28/10/2016£959.06£411.53£547.531025 days overdue
28/11/2016£959.06£418.15£540.91994 days overdue
28/12/2016£959.06£424.88£534.18964 days overdue
28/01/2017£959.06£431.72£527.34933 days overdue
28/02/2017£959.06£438.67£520.39902 days overdue
28/03/2017£959.06£445.72£513.33874 days overdue
28/04/2017£959.06£452.90£506.16843 days overdue
28/05/2017£959.06£460.19£498.87813 days overdue
28/06/2017£959.06£467.59£491.47782 days overdue
28/07/2017£959.06£475.11£483.95752 days overdue
28/08/2017£959.06£482.76£476.30721 days overdue
28/09/2017£959.06£490.53£468.53690 days overdue
28/10/2017£959.06£498.42£460.64660 days overdue
28/11/2017£959.06£506.44£452.62629 days overdue
28/12/2017£959.06£514.59£444.47599 days overdue
28/01/2018£959.06£522.87£436.19568 days overdue
28/02/2018£959.06£531.29£427.77537 days overdue
28/03/2018£959.06£539.84£419.22509 days overdue
28/04/2018£959.06£548.52£410.54478 days overdue
28/05/2018£959.06£557.35£401.71448 days overdue
28/06/2018£959.06£566.32£392.74417 days overdue
28/07/2018£959.06£575.43£383.63387 days overdue
28/08/2018£959.06£584.69£374.37356 days overdue
28/09/2018£959.06£594.10£364.96325 days overdue
28/10/2018£959.06£603.66£355.40295 days overdue
28/11/2018£959.06£613.37£345.69264 days overdue
28/12/2018£959.06£623.24£335.82234 days overdue
28/01/2019£959.06£633.27£325.79203 days overdue
28/02/2019£959.06£643.46£315.60172 days overdue
28/03/2019£959.06£653.82£305.24144 days overdue
28/04/2019£959.06£664.34£294.72113 days overdue
28/05/2019£959.06£675.03£284.0383 days overdue
28/06/2019£959.06£685.89£273.1752 days overdue
28/07/2019£959.06£696.93£262.1322 days overdue
28/08/2019£959.06£708.14£250.92Not Due
28/09/2019£959.06£719.54£239.52Not Due
28/10/2019£959.06£731.12£227.94Not Due
28/11/2019£959.06£742.88£216.18Not Due
28/12/2019£959.06£754.84£204.22Not Due
28/01/2020£959.06£766.98£192.08Not Due
28/02/2020£959.06£779.32£179.74Not Due
28/03/2020£959.06£791.86£167.20Not Due
28/04/2020£959.06£804.61£154.45Not Due
28/05/2020£959.06£817.55£141.51Not Due
28/06/2020£959.06£830.71£128.35Not Due
28/07/2020£959.06£844.08£114.98Not Due
28/08/2020£959.06£857.66£101.40Not Due
28/09/2020£959.06£871.46£87.60Not Due
28/10/2020£959.06£885.49£73.57Not Due
28/11/2020£959.06£899.73£59.33Not Due
28/12/2020£959.06£914.21£44.85Not Due
28/01/2021£959.06£928.92£30.14Not Due
28/02/2021£959.06£943.87£15.19Not Due
Total:£36,729.51£20,814.08