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loanLoan
Capital at risk
24
Months
18.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

N W Communications Ltd is a Vodafone franchise looking to expand its operations. They’ve been in operation since 2020, and already encompass three locations. They aim to provide extremely high quality customer service, and ensure that each customer leaves satisfied. Their director team includes a serial entrepreneur and communications professional, experienced from top to bottom with Vodafone, bringing plenty of experience to the role.

To provide world-class service for a household brand

At N W Communications, we pride ourselves on being more than just a retailer - we're your dedicated communications partner. Operating across three conveniently located stores, we bring the power of Vodafone's cutting-edge technology and services right to your doorstep.

Why Choose N W Communications? We have unmatched Expertise, with years of experience in the telecommunications industry. From choosing the right plan to troubleshooting technical issues, we've got you covered every step of the way. We also understand that one size doesn't fit all when it comes to communication needs. That's why we take the time to understand your requirements and tailor solutions that perfectly align with your goals and budget. Premium Vodafone Services: As a Vodafone franchise, we offer access to Vodafone's extensive range of services, including lightning-fast internet, crystal-clear calling, and cutting-edge mobile devices. Whether you're a small business owner or a tech-savvy individual, we have the perfect solution for you.

At N W Communications, customer satisfaction is our top priority. Our friendly and knowledgeable staff are always ready to assist you, ensuring a seamless and enjoyable experience from start to finish. As a testament to our customer service: we are proud to maintain a 4.5+ star rating across our three current locations. Whether you're looking to upgrade your smartphone, switch to a better data plan, or explore the latest in telecommunications technology, N W Communications is here to make it happen. Visit one of our three stores today and discover the difference firsthand. Your communication needs, our expertise - together, we'll take your connectivity to new heights.

Credit Commentary
The directors Nathalie White and John Fanibe are providing a personal guarantee, which means should the business fail and have insufficient assets within the business to repay the loan, we can look to the guarantor(s) to repay any shortfall on repayment. There have been no CCJs for the business or director. Our assessment of risk is There have been no CCJs for the business or director. The Equifax score and grade, which we use to assess risk, are based on the 2023 accounts. The company’s financial performance between 2022 and 2023 presents mixed results. The significant decrease in turnover by 21% raises concerns about revenue generation and business sustainability. However, there is a reassuring aspect in the consistent positive cash flow balance in February. Moreover, there is a noteworthy increase in TNW to £40k, indicating the company’s overall financial position has strengthened. Additionally, the net gearing ratio of -8% indicates a favourable financial risk. The management accounts indicate a pre-tax profit of £30,445, with net equity standing at £40,314. The bank statements show reasonable affordability, and the accounts are in good standing, with no negative balances.

Inflation Risk
As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 33k
Raised
£ 31k
Investors
134
Est close date
Funded 14 days ago in 30 days

Where will the funds go?

Expansion to additional premises
£32,609

Key people

Nathalie Alexandra White
Director
JF
John Fanibe
Director

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Business brand

Romford, UK

"To provide world-class service for a household brand"

Incorporated
4 years, 2 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.