DOORS 4 UK LTD
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
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.
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.
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, which is outside credit policy. However, the mitigant for this is that the business is well-established, and the management accounts show that the net worth has improved. 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.
Where will the funds go?
"Providing high-quality, clear and affordable door solutions"