loanLoan
Capital at risk
24
Months
15.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Doors 4 UK offers high quality doors sets, produced by one of the best manufacturers in Europe. Providing complete German engineered doors sets system that includes door, doorframes with architraves and premium hardware. Marian Eduard Tincu is currently expanding and looking for investors to join during this exciting period.

Providing high-quality, clear and affordable door solutions

Doors 4 UK currently has a presentation office in Watford, North West London with doors and frames on display. The aim of the business is to provide clear and affordable solutions for our customers who are making considered investments in their homes. We use only the finest, sustainably sourced timber and supply our products to retail customers, tradesmen, developers, interior designers, contractors, architects and specifiers. All our products are available with bespoke sizes in any finish or style, whether it’s classic or contemporary.

Fundamental to our business is knowledgeable, confident and efficient service of our products. All of our hardware is factory fitted and checked before delivery. Building relationships with our customers has led to many referrals and repeat purchasing. Doors4UK offers a wide range of internal glass and wood doors and complimentary products to achieve peace of mind with our customers, in the knowledge that Doors4UK will oversee projects throughout from inquiry to completion.

As a privately run business, Doors4UK has expanded to become recognised as a leading supplier for high quality glass and wood door sets, innovation and service. We pride ourselves on understanding the individual needs of our customers. Doors4UK represents, in UK, the following German companies: GRAUTHOFF Türengruppe GmbH, Westag & Getalit AG and Kosche Verwaltungs GmbH. We are thrilled to invite investors to join us as we expand. Funds raised will be used for working capital and the development of raw materials.

Covid Resilience:
The general findings of surveys show that the majority of construction related businesses have been hit hard by COVID-19. Doors4UK has moved through challenges presented and is proving good resilience.

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 not a homeowner. There have been no CCJs for the business or director. The bank statements demonstrate reasonable affordability. In the 2020 and 2021 accounts, administration expenses were £521,541 and £618,187 respectively. The other operating income in 2020 and 2021 was £44,515 and £72,467. The administration expenses in the 2020 to 2021 financial table below includes the addition of other operating income. 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.

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Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 52k
Raised
£ 41k
Investors
147
Est close date
Funded 4 months ago in 29 days

Where will the funds go?

Working Capital
£26,042
Sourcing Raw Materials
£26,041

Key people

Marian Eduard Tincu
Director

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Business brand

Watford, UK

"Providing high-quality, clear and affordable door solutions"

Incorporated
9 years, 3 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.