1ST CLASS HYGIENE LIMITED
We provide all sorts of hygiene services, from cleaning products to bathroom equipment, and from pest control to medical waste disposal. We are currently looking to expand the business so we can provide a comprehensive range of hygiene services to the commercial, industrial and leisure markets in the midlands.
To provide the complete solution for all our clients’ hygiene requirements.
As a local, family-run business, we provide service contracts within a large radius of our depot in North West Leicestershire. Despite our being a family-run business, we have worked with many household names, both small and large companies alike.
We want you to understand that what makes us different and sets us apart from our competitors is our service to our customers needs and demands. This is why believe it’s the way we communicate and administrate our customers that adds real value to the products and additional services we offer.
An example of our great customer service and attention to detail is that we provide helpful hints and tips on how to maintain your products. Furthermore, we assign our clients their very own dedicated Area Sales Manager and Account Manager.
These services and additional tools are what sits at the very heart of our business, allowing us to offer our customers an exceptional experience and an unparalleled service. With this loan, we hope to attain further clients and continue to keep the nation squeaky clean.
SECURITY: First ranking charge, fixed and floating, tangible fixed assets LTV 1% - 296k tangible, fixed assets. Calculation: (300,000 - 296,086)/3000
Where will the funds go?
A. 2017 are management accounts but turnover has been consistent over the last few years.
A. The Security is personal guarantee from David and Eileen Fantham. In addition, we are offering debenture on the business.
A. We have new business orders and plan is to use this loan for business expansion. David Fantham and Eileen Fantham are guaranteeing the loan. In addition, debenture offered on the business. There is no specific dividend policy.
A. 1st Class Hygiene are taking between well over 100 new orders a month, last month was 139 orders equating to £50,050, over £36,000 was on contract for the next 5 years. £150k will be used for business expansion.
A. Breakdown is £144,000 wages, Directors salaries £85,000. These are clearly shown in the management accounts.
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"To provide the complete solution for all our clients’ hygiene requirements."
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