Margreiter Ltd works on high specification, whole house developments for owner-occupiers and investors in prime London property markets. Designed by leading architects and interior designers, the properties are exquisite. Michael Margreiter is currently seeking funds for project fulfilment and working capital.
Provide a leading construction service that delivers exquisite homes
Born and raised in Austria, I trained under a formal apprenticeship as a joiner, working with timber to create a variety of structures integral to buildings. I then worked on exclusive hotel and residential projects in the Tyrol. Before founding the company where I worked as site manager on construction projects in London. My background and knowledge in this sector along with the skilled network I have built over the years is what’s resulted in a reputation of excellence.
The properties are exceptional homes designed by leading architects and interior designers with exacting detail and finest materials. The Margreiter team is able to handle exclusive materials and finishes. Meticulous project management means that the team delivers projects to the brief and on time. We are currently in a phase of expansion and offering investors the opportunity to join us as we grow.
The directors are providing a personal guarantee, this means that if the business fails, the directors become personally liable for the loan. The directors are not homeowners, which is outside credit policy. This credit policy exception is mitigated by the fact that this is a reputable well-established business, with substantial TNW and EBIDTA. There have been no CCJs against the business or directors. The Equifax score and grade, on which we base our assessment of risk, are based on the 2021 accounts. We have performed our assessment on recent financial information, including 2022 management accounts, which were not available to Equifax. The year-to-date management account shows that net profit is £121,939 and net equity is £322,039. The bank statements demonstrate reasonable affordability and the accounts remain well in credit.
The general findings of surveys show that the majority of construction related businesses have been hit hard by COVID-19. Margreiter Ltd has moved through challenges presented and is proving good resilience.
Where will the funds go?
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"Provide a leading construction service that delivers exquisite homes"