ACT UNIVERSAL LTD
Family-owned business Act Universal are back as demand increases for their products and services. Having well-established clients such as Sky, BT, Virgin Media and TfL Underground, they are one of the UK’s leading businesses in the metal fabrication industry. They have worked with various sectors and with their team of highly skilled and experienced staff, they aim to deliver to the demanding needs of their clients. The funds used for this campaign will go towards redeveloping their website to market their new products and to purchase raw materials.
High precision bespoke sheet metal fabricators.
Act Universal has built a strong reputation with reputable clients such as Sky, BT, Virgin Media, TfL Underground and TM.
Our business is family-owned and we operate in a team with over 25 members of staff. We take care of our team and we believe that the success of our business comes from their positive approach to each of our projects. We have a warm and friendly team whereby each client is greeted by, and they ensure that with every piece of work that they are involved as much as possible to produce high-quality results no matter the size of the task.
We own the finest technology in the industry with vastly skilled staff members, so there isn’t much that we can’t produce. For this reason, our products are both cost-effective and efficient.
We are now redeveloping our website to help market new products that we have made and have also seen a sharp rise in the raw materials we use for our manufacturing such as mild steel, aluminium, stainless steels etc. Having secured many new projects we will be using the funds to raise money in order to purchase these materials and to redevelop our website to help market our new line of creations.
The Metal Fabricator industry has been growing steadily and is set to grow at a CAGR rate of 3.9%.
Credit Risk Comments:
This is a returning business with perfect repayment history. The business has a stable gross margin from 2019 to 2020 and their tangible net worth has increased. Three directors are providing personal guarantees, this means that if the business fails the directors become personally liable for the loan. One of the directors is a homeowners, however this does not ensure there are sufficient assets should the loan need to be recovered. There have been no CCJs for the business or directors.
Where will the funds go?
"High precision bespoke sheet metal fabricators."