loanLoan
Capital at risk
48
Months
11.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

The Emerald Power team has a large amount of shared experience in the utility industry. Working with clients such as Scottish Power Energy, they offer a complete overhead line construction and refurbishment service across the UK. Using the funds from this campaign, Emerald Power aim to recruit more staff and add to their fleet of vans.

Offering complete turnkey solutions from start to finish using a wealth of experience in the utility industry.

We have a team consisting of over 25 experienced linesmen that have helped our clients to carry out large scale projects throughout the north west Cheshire area. Our team have an array of skills and capabilities, allowing us to take on a multitude of tasks and offer a complete overhead line network construction and refurbishment service. We're also able to mobilise our resources to assist other regional utility networks nationwide if required.

Some of the largest networks in the UK have used our help such as Scottish Power Energy. We are currently working for SPE, as well as Dutton Utility contractors on large scale pole refurbishment and replacement projects that also require our expertise in cable jointing and cable laying, domestic property services and commercial properties.

Our mobility and skill has led us to being the first choice for refurbishment and replacement projects. This reputation is built upon a foundation of a strong team, and progressive equipment. From the funds raised in this campaign, we aim to meet the demands of future projects by adding to our team and fleet of vehicles.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 213k
Raised
£ 54k
Investors
244
Estimated close date
20d 18h

Where will the funds go?

Recruitment and new vehicles
£200,000
Working capital
£13,000

Key people

AC
Andrew Clark
Director
KG
Kevin Gillespie
Director

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A. hi jakob.
we have worked with all clients for the last 2 years. we work on a schedule of rates which will be review in 2019

A. hi, dutton contract is till nov 19 with 4 more year on top, if targets are hit..Scottish power has no end date,
gallagers and linbrook are the 2 new clients which is where we need the investment, due to start in oct, they are rolling contacts

A. hi. we currently own 200k worth of tools and equipment out right.
we have in our fleet 23 vehicles (diggers lorrys and vans) with a value of around 200k also, of which we have 60k on finance which will all be paid off with in the next 18 mouths

A. hi uk power is dormant, we were looking at plant hire though this company however we believe emerald power is the best for us, we will not be interest is the uk power side (will close uk power down as never used)

A. 80% duttons and 15% scottish power
we are due to start works for gallagars and linbrook in October, this is where the investment is needed, this will split our percentage across more clients and up our turn over

A. we have 4
duttons/ scottish power/ overlec/ and power installations.
we have linbrook and gallager (new clients)works which are due to start in October, this is where we need the investment

A. we have great relations with our clients, payment terms are 30 days with all, the odd time some have been a few days late however always land in the bank around the 30 day terms

A. we have now won works for two more clients, linbrook and gallagars...works are due to start in october, this is where we need the investment.

A. hi , this year we have invested in more back office staff to help us take on more works...
we have now won works for two more clients, linbrook and gallagars...works are due to start in october, this is where we need the investment

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Business brand

Belfast, UK

"Offering complete turnkey solutions from start to finish using a wealth of experience in the utility industry."

Incorporated
3 years, 0 months
Equifax score
38 / 100
Equifax Grading
powered by Equifax
Average score
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