Onside Sports Education Limited

Investment Requests for Funding for Expansion

Overview
Funds raised
£26,830
Final AER
16.34%
Loan Term
60
Completed:
30/04/2018
About the Business
Company Name: ONSIDE SPORTS EDUCATION LIMITED Company Number: 08489001
Business Type: EDUCATION Years Trading: 3-5 years
Business Location: Chorley
About the Risk
Risk Rating: B

Default rate

6.6%

Bad debt rate

4.99%

Risk Idicators
Identified:
High Debt-to-Equity Ratio
This company has a higher than average level of company debt in relation to its equity
About the Security
Security Offered:
content
Personal Guarantee - From Director D. Rigby
Est. Equity: £26000.00

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Who are we?

http://onsideedu.co.uk/

Onside Sports Education Limited is owned and run by Dan Rigby.

The company is well established in its niche and continues controlled expansion..

OSE is a registered Training Provider (10041173) working across the north west to offer educational and vocational opportunities and qualifications in Sports, Health, Exercise and Fitness..

The company specialises in providing short, bespoke and professional on-site and distance learning programmes designed to suit people who wish to gain accreditation as coaches, fitness instructors, personal trainers, exercise professionals and P.E Assistants. We also deliver longer-term provision in the form of Academy-style programmes for young men and women who participate in football or Rugby and wish to follow this pathway in their future career including via academies, which recruits scholars in partnership with: Rochdale Scared Heart FC, Soccer Icon, MIFA, London Football College, Pro Sport, Ashton United, Aspire2Be and Salford Red Devils. .

READ MORE...

Details

Who are we?

http://onsideedu.co.uk/

Onside Sports Education Limited is owned and run by Dan Rigby.

The company is well established in its niche and continues controlled expansion..

OSE is a registered Training Provider (10041173) working across the north west to offer educational and vocational opportunities and qualifications in Sports, Health, Exercise and Fitness..

The company specialises in providing short, bespoke and professional on-site and distance learning programmes designed to suit people who wish to gain accreditation as coaches, fitness instructors, personal trainers, exercise professionals and P.E Assistants. We also deliver longer-term provision in the form of Academy-style programmes for young men and women who participate in football or Rugby and wish to follow this pathway in their future career including via academies, which recruits scholars in partnership with: Rochdale Scared Heart FC, Soccer Icon, MIFA, London Football College, Pro Sport, Ashton United, Aspire2Be and Salford Red Devils. .

READ MORE...

A loan of £25K is sought to fund expansion into a second site in Knowsley with attendant infrastructure, set up and staffing costs. Supplemental sales of approximately £500K and contribution of approximately £50K is forecast.

The accounting trends demonstrate the following:

04/2016 02/2017 02/2018
T/O £208k £343k £1073
GP £169k £204k £579k
NPBT £40k £48k £93k
NCA (£1k) £17k £28k
NW £2k £19k £46k
Loan Offers
Business Profile

What is the loan for?

A loan of £25K is sought to fund expansion into a second site in Knowsley with attendant infrastructure, set up and staffing costs. Supplemental sales of approximately £500K and contribution of approximately £50K is forecast.

The accounting trends demonstrate the following:

04/2016 02/2017 02/2018
T/O £208k £343k £1073
GP £169k £204k £579k
NPBT £40k £48k £93k
NCA (£1k) £17k £28k
NW £2k £19k £46k

Why consider investing?

Business established in 2013 and growing steadily under controlled and stable management. Funds sought for a sensible expansion rationale

Security

A PG from Daniel Rigby is offered with Daniel evidencing a net worth of £26K comprising equity in his two investment properties, one residential and one commercial the latter occupied by the company.

Selected Micro Loan

Opportunities...

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