Pt Commercial Limited

Investment Requests for Business Growth Strategy

Overview
Funds raised
£30,000
Final AER
18.54%
Loan Term
60
Completed:
24/06/2015
About the Business
Company Name: PT Commercial Limited Company Number: 6634368
Business Type: Business Services Years Trading: 4-5 years
Business Location: KENT
About the Risk
Risk Rating: C

Default rate

14.1%

Bad debt rate

5.04%

About the Security
Security Offered:
content
Personal Guarantee - Done (PG from director and majority shareholder)
Est. Equity: £0.00

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Who are we?

We are a cleaning facilities company established since 2005, locally managed and operated by the same business owner since its induction.

We employ over 100 cleaners and work closely with businesses like sports centres, medical practices, the NHS, local authority, daycare nurseries and schools to name but a few.

The business is built around visibly high KPIs and service levels, we have a solid footing in the cleaning industry and are looking to move the current Turnover from its current value touching 1 million per annum to 2 million per annum in the next 2 years

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Details

Who are we?

We are a cleaning facilities company established since 2005, locally managed and operated by the same business owner since its induction.

We employ over 100 cleaners and work closely with businesses like sports centres, medical practices, the NHS, local authority, daycare nurseries and schools to name but a few.

The business is built around visibly high KPIs and service levels, we have a solid footing in the cleaning industry and are looking to move the current Turnover from its current value touching 1 million per annum to 2 million per annum in the next 2 years

READ MORE...

We require additional working capital to enable us to fulfil our ever increasing contract base, due to the working capital cycle between paying our employees and collecting our sales book. The funds will also be used for staff development and to invest in the latest equipment and products in line with our environmentally friendly ethos.

Loan Offers
Business Profile

What is the loan for?

We require additional working capital to enable us to fulfil our ever increasing contract base, due to the working capital cycle between paying our employees and collecting our sales book. The funds will also be used for staff development and to invest in the latest equipment and products in line with our environmentally friendly ethos.

Why consider investing?

Established since 2005 and have grown the business year on year.

We are part of a national franchise that believes in an Eco friendly alternative with a local delivery and national standards but as a company we are a small company, committed to excellent service and staff well-being and our aim is to grow into the most successful commercial cleaning company in the area.

Security

This loan is to be secured by way of a directors guarantee. The director has an estimate net worth of £60,500. Through ownership of a property with an estimate value of £170k, and equity of £61k.

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