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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
£

Dori Trans Ltd is a family-owned road haulage firm founded in 2011 by its director, initially with himself as a solo class 1 HGV driver. It has since bloomed into a full road haulage firm, with a fleet size of 9 trucks and 12 trailers. They work with a number of businesses, including carrier contracts with DHL and Amazon. Their fleet is ULEZ and EURO 6 compliant, and they’re hoping to begin exploring options in alternate fuels to reduce their Carbon Footprint.

To be one of Britain’s foremost road haulage firms.

I founded Dori Trans initially in 2011 and restructured in 2020 to accommodate new drivers, allowing us to swiftly establish my business as a reliable and efficient road-haulage firm. We’re set up to be fully ULEZ and EURO 6 compliant, ensuring that our reach is wide and we’re able to service a number of destinations. I’m proud to have expanded from one driver with a single truck and trailer to multiple drivers across 9 trucks and 12 trailers.

I am a Class 1 qualified truck driver with extensive knowledge and hands-on expertise in the logistics industry. I supplied my services across Europe, before I came to the UK and began the original form of Dori Trans. With years of experience navigating the roads of the UK and Europe, our we ensure that every delivery is handled with the utmost professionalism and efficiency. We pride ourselves on good customer service and careful package planning and handling.

With over a decade of experience in the industry and leadership that understands the intricacies of road transport, we guarantee knowledgeable and skilled service. Our commitment to punctuality and reliability means your goods are always delivered on time, every time. We prioritise safety with regular maintenance checks and a focus on driver training, ensuring that your cargo is in safe hands. At Dori Trans, customer satisfaction is paramount. We work closely with our clients to tailor our services to their specific needs, providing personalised and flexible logistics solutions. To provide exceptional road-haulage services that connect businesses across the UK and Europe, driving growth through reliability, safety, and superior customer service.


Credit Commentary:
The director Ciprian Marius Popais providing a personal guarantee, 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. Additionally, the business is offering a debenture to secure the repayment of the loan. 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 2023 accounts.The information provided is based on the unaudited statutory accounts. The company’s total EBITDA was reported at £82,489K, while their MI stands at £46,806. The gross margin varied between 64% and 69% from 2023 to 2024. There was an increase in Tangible Net Worth from 2023 to 2024, with TNW reaching £101K, which strengthened the company’s asset base for securing borrowing facilities. The net cash from financing activities increased from £12,086 in 2022 to £28,004 in 2023. Recent bank statements show a positive cash flow, with an average balance in May remaining in the three-digit range. The Debt Service Coverage ratio is 2.20, and the net gearing ratio is 61%, indicating a mixed financial risk profile. The company maintains a stable creditor days ratio of 8.15 days, demonstrating effective management of creditor payments. Current debt obligations include facilities with Barclays and Funding Circle.

Inflation:
The business has stated it will affecting them by the raising cost on the running the business but they will maintain this at the lowest possible level and due to solid contracts in place like strategic carrier with Amazon & DHL ( DigiHaul ) they hope to be minimal one . Since the majority of the business’s lending is at a fixed rate, it will not be immediately affected by interest rate increases.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 70k
Raised
£ 26k
Investors
98
Est close date
13d 22h

Where will the funds go?

Debt consolidation
£50,000
Working capital
£20,000

Key people

CM
Ciprian Marius Popa
Director

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Business brand

Peterborough, UK

"To be one of Britain’s foremost road haulage firms."

Incorporated
12 years, 9 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.