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loanLoan
Capital at risk
24
Months
17.5%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Alrms Properties is a high-quality remodelling and refurbishment business based in Hendon, London. They offer both interior and exterior remodelling solutions across their operating area, from decking, to dining rooms, to hidden storage. Alrms has been trading for over eight years, and prides itself on both being family owned and the repeat customers they’ve gained as a result of their workmanship and quality of service.

To provide high standard services on time and at the best prices

Our vision is to provide you with the very best solutions existing in the market today, while helping you to customise each project to your unique specifications and do it all within your budget. We’ve been in operation for over eight years, and I have previous experience as a design consultant property manager, meaning we have exactly the kind of background that is needed for a high quality renovations business.

With the main source of business being recommendations and referrals from satisfied clients, our goal is to provide you with reliable, long lasting solutions and a well designed property for you to come back to every day. This has proven more than fruitful so far, as we have been lucky enough to gain some repeat clients. One of our clients had this to say:

“A & S Refurbishments Ltd provided superb service from the start. Provided great advice and did the job at a reasonable price. We are extremely happy with their service and we will definitely use them again in the future.”

We enjoy creating a solid relationship with our customers and assure your satisfaction with every job we undertake. We fully understand the importance of fulfilling our customers’ needs and that the genuine reason for our future success lies in the word of mouth of our happy customers. It is our attention to detail, passion for your project and willingness to listen, be flexible and charge fairly that has won us so many friends.

Alrms Properties is committed to its customers and the Hendon area, and continues to push itself to be one of the most competitive renovations businesses on the market.

Credit commentary:
The director Aviram Cohenis providing a personal guarantee, and debenture which means should the business fail and have insufficient assets within the business to repay the loan, we can look to the guarantor(s) to repay any shortfall on repayment. There have been no CCJs for the business or director. Our assessment of risk is There have been no CCJs for the business or director. The Equifax score and grade, which we use to assess risk, are based on the 2024 accounts. The proposed credit facility has mixed aspects. The DSC ratio is modest at 1.33, but stable creditor days suggest effective management of accounts payable. EBITDA falls within policy limits, and revenue generation capabilities are promising. The recent accounts indicate a pre-tax profit of £66,192, with net equity standing at £157,638.

Inflation Risk:
As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases.The company has stated that inflation will not have a significant impact on its operations.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 35k
Raised
£ 16k
Investors
85
Est close date
12d 22h

Where will the funds go?

Working capital
£35,000

Key people

Aviram Cohen
Director

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Business brand

London, UK

"To provide high standard services on time and at the best prices"

Incorporated
7 years, 11 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.