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
£

Based in London, HandyHumans are a construction and handyman business that has a plethora of experience in several industries such as residential, commercial and hotels. They prioritise high standards for every project without compromising their functionality. They have an extensive range of services such as plumbing, painting and decoration, roofing and guttering, installations, electricity, tiling and flooring and odd jobs etc. They provide excellent customer service and take pride in their high returning customer rate. Guaranteeing 12-month workmanship for their customers, they ensure their customers have complete confidence in their services. HandyHumans are now raising capital to hire 3 new builders, 3 vans and 1 sales agent.

Bringing timely mannered services for all of your construction needs.

Founded in 2019, our business started from a friendship between two aspiring entrepreneurs Shakir Hussain and Ardis Merkai. We noticed the ever-evolving handyman and construction industry, we were excited to set up HandyHumans an independent company with a workforce of highly experienced engineers and tradespeople to support an extensive range of services and maintenance needs. Our team has experience in an array of sectors such as residential, commercial, hotels, social housing, and education. No matter how big or small the project is, we are here for the job.

We have delivered around 3,000 work orders and 2,500 maintenance jobs across 15 recognised trades. Our business has grown to £303k in revenue per year and now generates around £50k in profit. In order to meet customer demand, we are hiring more builders. According to the Office for National Statistics (ONS), the construction industry is set to grow by 1.2% year on year (https://bwnews.pr/3rtDyUd), moreover the demand for handymen has also increased, especially in London (https://bit.ly/3EwtAp7).

We provide a wide range of services listed below:

Plumbing - With our team of professionals to repair common issues such as leakages, blockages, shower repairs and replacements of any kind such as new bathroom installations.

Painting and Decoration - From painting, updating woodwork paint and varnish and changing fixtures and fitting we are passionate about getting the job done to the highest standard.

Roofing and Guttering - We have over 20 years of roofing experience, we have expertise in creating sturdy and watertight roofs, flat or slated for waste and rainwater. We also offer a 5-year guarantee.

Tiling and Flooring - We offer new installations for different types of flooring from tiles, wooden floor, laminated, vinyl and carpets. Our services also include helping our clients redecorate their kitchen, bathroom or living space, and can assist them with the process with an interior designer.

Installations - We are partnered with Howdens (The UK’s Number 1 Kitchen Supplier) for high-quality kitchens at a very competitive price guaranteed. We are also partnered with MP Moran & Sons who provide first-rate bathroom supplies for competitive rates.

Leak and Damp Checks - We take preventative measures for leaks with our Leak Detection specialist. Not only are they able to locate the source of a water leak or ingress but they provide a full refurbishment of any water damaged areas all at a fixed price quote.

Fencing and Decking - With our large team of carpenters, handymen and gardeners, we are able to repair, install and build wooden fence panels, decking and cladding. Whether our clients need new fence posts or custom-built decking, we are here to help.

Electricity - We have a large team of electricians available for domestic and commercial work. We can fix electrical faults and nuisance tripping, new socket, or circuit installations, provide EICR’s and rewire a property.

Drains and Blockages - We have vast experience in resolving blocked drains and ensuring drain networks are clear, free-flowing and problem-free.

Rubbish Removal - We are happy to remove rubbish from inside any property or back garden. We are equipped to remove even the largest items, saving our clients from the hard work of dismantling, lifting, moving and stacking.

Paths and Patios - Paths, patios and other paving can need repairs for a number of different reasons. Our experienced builders can identify a problem quickly and start making repairs straightaway. They will do everything possible to find matching materials if they’re needed.

Odd Jobs - Whether it’s mounting a large flat-screen TV on a wall, hanging a new set of shelves, repairing damage to walls, or simply realigning your kitchen cupboard doors, we have a handyman ready to help. We’re always happy to answer any questions and offer expert advice and recommendations. We would be delighted if you wanted to join our journey and invest in the growth of our firm.

We care are so proud of our journey and how far we have come. The funds will not only be raised to 3 new builders but also 3 vans, and a sales agent.

COVID-Resilience:
The business has not been affected by COVID. The construction industry has recovered 2.5% last year after the lockdowns, and GlobalData reports that the industry is expected to recover a further 5.2% by the end of this year.

https://bit.ly/3y4Yi64

Credit Comment:
The directors are providing a personal guarantee, this means that if the business fails, the directors become personally liable for the loan. One of the directors is a homeowner, however, this does not ensure there are sufficient assets should the loan need to be recovered. There have been no CCJs for the business or directors. The bank statements demonstrate affordability for a loan. Turnover has grown fivefold from 2020 and the business has good profit net worth.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 106k
Raised
£ 56k
Investors
188
Est close date
Funded 21 days ago in 28 days

Where will the funds go?

3 New Builders
£60,000
3 Vans
£10,000
1 Sales Agent
£36,383

Key people

Shakir Hussain
Director
Ardis Merkaj
Director

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Business brand

London, UK

"Bringing timely mannered services for all of your construction needs."

Incorporated
2 years, 11 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.