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loanLoan
Capital at risk
36
Months
18.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Founded in 1980 by the managing director, Paul Searle, who operated a motorcycle repair shop out of his garden shed. The business had to relocate to larger premises in 1983, so it established a new store in Crawley's Orchard Street. As business grew, P&H Motorcycles built a large showroom in Gatwick Road, Crawley, in 1996. Paul then launched his own motorcycle training facility, ART Motorcycle Training, not long after the Crawley motorcycle store opened for business.

Getting people on their dream bikes for the past 43 years

P & H Motorcycles Ltd. was established 45 years ago in my backyard, it was originally a small motorbike repair business. We grew from strength to strength and in 1983, the company had to move to a bigger location , a shop on Crawley's Orchard Street. In 1996 we expanded again with a large showroom. We then built our own motorcycle teaching facility, ART Motorcycle teaching.

We stock new and used bikes from the most well-known brands in the industry, such as Suzuki, Yamaha, and Honda. Aside from our physical locations, we also have a large online store, making the company accessible to everyone. In addition, we have a dedicated team of manufacturer-trained experts who provide courteous and competent service. Each expert receives ongoing training to ensure that they are fully up to date with each manufacturer's specifications, so our customers can rely on us to keep motorbikes in optimum condition. P&H Rider instruction, often known as Advanced Riding Techniques (ART), is our in-house motorcycle instruction facility. We are DVSA-approved and the country's first school to possess the Motorcycle Industry Accreditation Centre (MCIAC) level. We’ve been training riders safely for nearly 20 years, have a purpose built off-road facility of 20,000 sq ft and run all services 7 days a week. We supply everything from boots, gloves, jackets, trousers and helmets to a modern fleet of new bikes and scooters to suit all levels.

Our wealth of experience means that 80% of our business is word-of-mouth and repeat customers. Our team, passion, expertise and dedication has led to the growth of the business. As we continue to expand we are seeking funds for working capital.

Credit Commentary:
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 homeowners, however, this does not always ensure that there are sufficient assets should the loan need to be recovered. While the company is highly levered at 143%, its debt servicing capacity shown in the 2022 accounts shows it can afford the loan. The 11-month management accounts show the profit before tax was £161,136 and the total capital was £1,091,787.

Inflation Risk:
As all lending is at a fixed rate, they will not immediately be affected by any interest rate increases.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 109k
Raised
£ 106k
Investors
256
Est close date
Funded 8 months ago in 29 days

Where will the funds go?

Working Capital
£54,348
Expansion
£54,348

Key people

Paul David Rene Searle
Director
Red cup

Investor rewards

Ready, Set, Get lending

If you invest £500 - £999
You get an online voucher worth £50 for clothing and services over £250

The Cool Club

If you invest £1,000 - £4,999
You get an online voucher worth £100 for clothing and services over £500

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Business brand

Brighton, UK

"Getting people on their dream bikes for the past 43 years"

Incorporated
29 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.