loanLoan
Capital at risk
60
Months
10.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

NDT Equipment Supplies are a group of experts in the field of testing and inspection technology. Using their knowledge to help manufacture high-quality equipment for clients from a wide variety of industries, their products include radiographs and ultrasound equipment to allow a view of the internal structure of an object. The funds raised will facilitate their expansion through recruitment and purchase of new equipment.

Europe's largest manufacturer of ultrasound equipment.

Since 1990 we have continuously grown as a business and built a reputation based on trust, expertise, and a broad catalogue of unique, specialist equipment. We supply equipment to clients, both in the UK and overseas, from a broad spectrum of sectors including manufacturing, process plant and service industries.

It is through our unique equipment paired with outstanding service, that we have stood out among our competitors to become the largest manufacturer in Europe of ultrasonic standard and special blocks and test pieces. In the modern age, our clients are making progress with each passing day in reducing the impact that their day-to-day processes have on the environment. We also strive to manufacture equipment that is environmentally friendly as possible, aiming to minimise waste through reduction of unnecessary consumption; purchasing and using recycled products and packaging for our own use; and re-using of packaging received.

We have traded for nearly two decades (10 years as a limited company) and have only been able to reach the heights that we have through a constant ambition to expand and provide exceptional service and premium equipment. There's no intention to slow down in this respect, and we are always releasing brand new products for our clients. With the funds through this campaign we are aiming to hire even more experts and purchase new equipment.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (2 of 2)
£ 210k
Raised
£ 55k
Investors
275
Estimated close date
Funded 8 months ago in 29 days

Where will the funds go?

Expansion capital
£300,000
Working capital
£19,200

Key people

RP
Richard Preston
Director
PD
Peter Dodd
Director

Got a question for the business?

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A. Yes - corporation Tax is due in the next couple of months, but all tax payments are up to date

A. Vikas
With this I would ask that you check the company is correct. The previous owners of the business took out many variants of the NDT name , some of which haven't been active for a while. NDT Equipment Supplies LTD (this business) is up to date with it's accounts

A. Hi Vikas,
With the plans that we have for the growth of the business through organic means & acquisition, we need to invest in setting up an organisation fit for the future. In short that means that we investing in to R&D projects, new machinery, new management and engineering roles, Multi platform advertising, a new fully functional e-commerce website .... and these are just a few of the big hitters. We felt we should support the business with this loan so as not to overstretch it's cash flow

A. Hi David, The income stemmed from the separation of the company from another a few years back. Not something we were involved in in anyway.

A. Hi Jocelyn - The web site is poor to say the least - we recognised that also and have set away a project to completely overhaul it. This will include full a e-commerce platform that we intend to sell our newly stocked range of ancillary & power tool equipment as well as some of our own manufactured items. This should be ready by late October.

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Business brand

Corby, UK

"Europe's largest manufacturer of ultrasound equipment."

Incorporated
9 years, 4 months
Equifax score
98 / 100
Equifax Grading
powered by Equifax
Very good 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