loanLoan
Capital at risk
36
Months
14.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

With a strong focus on building a sustainable future, Able Construction has been involved in the field of construction for more than a decade. Having steadily grown, they have developed a strong reputation in quality, safety, timely delivery, responsiveness and efficient labour management. From industrial works to building new flats, they cover a variety of works within the construction industry. They are now seeking funds to support cashflow, stock, and working capital.

Building a sustainable future, together.

We at Able Construction have made some great achievements and our work has been selected by an array of clients, from local councils, architects, developers, and domestic and commercial clients. This is because we have been recognised as a trustworthy and quality construction company. Our eco-friendliness is what appeals further to our clients.

We provide premium services to both residential and commercial sectors. We offer four types of services, designing and building, in which we collaborate with some of our best and trusted team of engineers and architects, construction project management, where we use sophisticated methods and techniques to tactically plan the project from inception to completion. Our approach is holistic. Our general contractor, ensuring that all the facets of the project has been provided with a complete service. Finally, preconstruction services, where we plan from the outset of any project, which is crucial to its success. Able Construction provides a full service from conceptual budgeting to cost estimating.

Our business has been accredited to some well-known associations such as CHAS, NHBC house builder, and Considerate Constructors.

We ensure that we create a warm and friendly atmosphere for our clients. We care about building trust and most importantly, an exceptional standard of work. Not only have we been recognised for this but also for our safety, timely delivery, responsiveness and efficient labour management.

The funds raised for this campaign will go towards supporting cashflow, stock and working capital

It has been an incredible journey for us, to see how far we have come, grown and evolved and we hope that you can be a part of it.

COVID-Resilience:
The industry has been affected by COVID-19, however, the industry is recovering at a rate of 6% as Britain opens up and restrictions are eased.

https://www.e-architect.com/articles/construction-industry-recovery-from-covid-19

Credit Comment:
The business is strong with £4m turnover and £172k profit as at Oct 20. There were no latest management accounts available. There is a strong personal guarantee where the Director owns investment properties in his portfolio and is providing personal guarantee for this loan. There is no adverse credit on the business or shareholders. The premium is added to the risk profiling APR as accounts were old but constant growth.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 85k
Raised
£ 85k
Investors
181
Est close date
Funded 24 days ago in 8 days

Where will the funds go?

Cashflow
£25,000
Stock
£37,000
Working Capital
£23,106

Key people

GA
Gulzar Ahmed Lakhanpal
Directors

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Business brand

Hounslow, UK

"Building a sustainable future, together."

Incorporated
17 years, 1 months
Credit risk indicator

Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.