Heaunique is a business specialising in the secure storage and movement of vehicles. They are one of the foremost vehicle storage and movement businesses in Europe. They have enjoyed plenty of success since their founding in 2017, and were recently lucky enough to be rewarded with a contract to transport hypercars from UK to Europe with a major manufacturer.
To provide the best vehicle transport and storage solutions.
One of Heaunique's standout features is its state-of-the-art secure vehicle storage. Equipped with quality security measures and 24-hour CCTV surveillance, we guarantee high-end protection for our clients' vehicles. Beyond storage, Heaunique offers a host of additional services, including nationwide and European vehicle transport, ensuring that vehicles are moved with precision and care. Our commitment to convenience extends to handling customs paperwork, providing trickle charging for stored vehicles, and offering detailing and valeting services, creating a one-stop-shop for all aspects of premium vehicle care.
Investors exploring opportunities in the automotive and logistics sectors will find Heaunique a compelling prospect. Our strategic positioning as Europe's premium vehicle movement and storage facility, coupled with its commitment to customer service and comprehensive service offerings, positions it for sustained growth in a market where vehicle enthusiasts and collectors demand secure, reliable, and premium solutions. With a focus on innovation and customer satisfaction, Heaunique presents an attractive investment avenue for those looking to capitalise on the evolving needs of the high-end vehicle market in Europe.
The director Kyle Hewitt is providing a personal guarantee, which means should the business fail, and there are insufficient assets within the business to repay the loan, we can look to the guarantor(s) to repay any shortfall on repayment. The director shows a good credit profile. Looking at their recent management accounts, the company’s Debt Servicing Capacity shows the business is generating enough cash to repay the principal and interest on new commitments. Compared to last year’s figure, the creditors’ days are decreasing, this shows the company’s good creditworthiness by effectively managing the repayment to their suppliers. Finally, the company’s EBITDA is sufficient to cover the proposed facility. Considering the current mitigants, the company has enough capabilities to afford and cover the proposed loan.
The business advised that they have not been affected by higher input costs yet. As most of the lending to the business is at a fixed rate, they will be not affected by the current interest rates.
Where will the funds go?
"To provide the best vehicle transport and storage solutions."