loanLoan
Capital at risk
36
Months
10.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Insul-Eight are a company who have spent over a decade establishing a loyal customer base through provision of a consistently high standard of service. We are looking to raise money to help us further expand through increasing our marketing presence, purchasing equipment, and hiring staff.

Building great things.

Formed in 2004, we have built an established customer base through dedicating ourselves to ensuring that the range of services that we provide are performed in a complete and professional manner regardless of the size and location of the project.

Using the most up-to-date equipment available, we can perform a complete asbestos removal from any site and be involved every step of the way throughout a fast, efficient process. This includes carrying out an initial survey of the site, and we also offer remedial measures (i.e. encapsulation) in the cases where the removal of asbestos is not necessary, to leave materials containing asbestos in a safe and manageable condition for our clients.

Our experience also extends to thermal insulation and electric trace heating. For each project that we are involved in, we strive to deliver insulation services that are to the highest standards of safety, value, and service in all of the areas that we specialise in including heating and ventilation, fire-protection, and acoustic insulation. We commit ourselves to providing a turnkey package of services through offer our clients the design, supply, and installation of electric trace heating by fully trained engineers.

From this round of funding we want to increase our team size along with our marketing presence to further build on the excellent reputation that we have among our loyal customer base.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 100k
Raised
£ 102k
Investors
318
Estimated close date
Funded 14 hours ago in 15 days

Where will the funds go?

Loan Consolidation
£35,000
Expansion
£65,000

Key people

Darren Hartley
Director

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A. This month is our year end and we have 35% of next years turnover booked, with another 20% being negotiated now.

A. Turnover up 15%, profits up 22%

A. We do not work for the public, all our work is commercial.

A. You need to look at insul-eight contracts, not insul-eight. the new company, six years old has grown steadily in both turnover and profit. we do less than the old company as we wish to be less exposed to clients we don't know, less risk.

A. these assets are not liquid cash we can lay our hands on, they are debtors and working capital.

A. our assets comprise of debtors and working capital. 90% pay in 60 days and 10% in 90 days. but with 22 operatives a lot of cash, especially when we are busy is tied up in wages, so as we get busier we pay more wages per week and don't get it back until we are paid 60 days from month end. This is the normal problem in the construction industry so cash is needed upfront to finance any expansion.

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Business brand

Ashton-Under-Lyne, UK

"Building great things."

Incorporated
6 years, 0 months
Equifax score
40 / 100
Equifax Grading
powered by Equifax
Average score
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Risk warning

Investments like these involve risks including loss of capital. Please see our risk section before making an investment decision