JT NETWORKS LTD
JT Networks is a leading UK provider of equipment and personnel for railway surveying and track monitoring. Their primary focus is on targets for track monitoring, which is a key component of rail safety. They have an ISO 9001 certification as well as being RISQS certified. Their founder, James, has 25 years of experience in the permanent railway industry, and the business has been in operation for over a decade.
Spearheading innovation in the railway and surveying sectors.
JT Networks’ main goal is to spearhead innovation in the railway and surveying sectors by offering products that amalgamate quality, reliability, and cost-effectiveness. Our intent is to fulfil and exceed customer expectations with excellence. With a new implementation of electrification in the UK, the High Speed rail projects, expansion and modernisation of the rail network in Britain, we have a lot to offer. These contracts provide stable business for JT Networks, and our continued business with Network Rail is a clear indicator of our reliability. We also maintain a network of over 8,000 contacts on LinkedIn in order to facilitate further collaborations and business opportunities. JT Networks understands the importance of people in business, and is committed to customer and collaborator satisfaction.
Our products are robust and flexible, and our flagship the Hawkstar 180 is popular amongst our clients and even works in the rain! We enjoy both an ISO 9001 certification as well as a certification from RISQS. We are well established and regarded in the industry, being one of the UK’s top suppliers of equipment and personnel for track monitoring and surveying. Many rail maintenance processes require track monitoring and surveying, and we are proud to provide the best.
The director James Read 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 has a moderate financial profile, and the company holds an Equifax Report of E. Since we are offering the company a short-term loan and considering their maximum amount of repayment affordability the credit assessment states a high-level risk. The mitigants for this decision are consistent and positive cash flow and the director has sufficient equity to cover the loan in case of default. The director can be traced for several years with no issues.
As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases.
Where will the funds go?
"Spearheading innovation in the railway and surveying sectors."