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
£

Bishopsgate Law is a modern law firm which provides legal services for personal and commercial clients nationally from their offices in London, Hertfordshire, and Northampton. Founded in 2016 by Martin Philips, Bishopsgate Law is an SRA-regulated firm, with 4.9 star trust pilot reviews from over 1.5k individuals and a 4.8 star average google rating. They are currently seeking funds as they enter a phase of expansion.

Aim is to provide an affordable, progressive legal service with a straightforward approach.

Bishopsgate is a conveyancing and property law specialists firm. We also have legal teams for wills and probate and employment law. Having qualified as a solicitor in December 1981, I am now Chairman at Bishopsgate Law which I founded in 2016, it’s become one of the fastest growing law firms and a leading residential conveyancing business in England and Wales, with an excellent online reputation.

What makes us unique is our experience and our approach.
- We work hard to ensure we provide fast, efficient legal services at competitive costs.
- We have dedicated managers for client care and for quality and compliance.
- Our first priority is and always will be our relationship directly with our clients.
- We are also environmentally friendly; having developed paperless workflows using our cloud-based, digital case management system.

Accredited by The Law Society, our aim is to provide an affordable, progressive legal service with a straightforward approach. We are committed to authenticity and transparency and no hidden fees. We are proud to say that our firm is in a phase of expansion and are thrilled at the opportunity to invite investors to join us.

Credit commentary:
The director is providing a personal guarantee, this means that if the business fails, the director becomes personally liable for the loan. The director is a homeowner, however, this does not ensure there are sufficient assets should the loan need to be recovered. There have been no CCJs against the business or director. The Equifax score and grade, on which we base our assessment of risk, are based on the 2021 accounts. We have performed our assessment on recent financial information, including 2022 management accounts, which were not available to Equifax. The most recent management accounts show that profit before tax is £934,183 and net equity is £5,096,312. The bank statements demonstrate reasonable affordability and the accounts remain well in credit.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (2 of 2)
£ 126k
Raised
£ 30k
Investors
90
Est close date
6d 4h

Where will the funds go?

Expansion
£63,000
Working Capital
£63,000

Key people

Martin Hugh Phillips
Director

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Business brand

Potters Bar, UK

"Aim is to provide an affordable, progressive legal service with a straightforward approach."

Incorporated
6 years, 4 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.