loanLoan
Capital at risk
36
Months
14.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Having worked with high-profile clients such as Microsoft, the Islington Council and Tillery Valley, Power on Demand is a solar power business that has vast experience in complex renewable low carbon technologies. In total, they have reduced, 21,600 tonnes of carbon emissions every year. They are a globally growing business and the demand for their services are increasing. The funds raised for this campaign will be used for stock purchase, recruitment, marketing and events.

Providing the best technology for your solar needs.

We at Power on Demand (POD) are proud to work with a team full of highly experienced consultants, designers and installers for our low carbon energy projects. Our cofounder’s Adrian and Helen Ladds, have had 30 years of experience in complex low carbon technologies and with having such vast experience, we believe they have been the driving force for POD’s global success.

We provide a number of services for our clients, these include, designing large commercial manufacturing sites, offices and hospitals. We provide installation and conduct system commissioning and supply exclusive solar furniture. We also extend our work into creating solar-powered bus shelters, picnic tables and bars. We care about giving the most comprehensive service possible to our clients, so we have a designated team of consultants that give detailed advice on how to minimise carbon emissions.

At POD, we save 21600 tonnes of carbon emissions every year and have removed over 27,242 fluorescents, and with us, our clients save approximately over £626k electricity yearly. We are passionate about the environment and our vision is to make solar power energy normalised.

We have worked with many high-profile clients, to name a few, Solardex, Paypal, the Islington Council, Microsoft, Tillery Valley and Tetra Pak.

We have experience in several types of technology and regularly train our team to ensure they are well-versed in the following systems:

• Solar PV systems with or without battery storage, on or off-grid.
• Solar Thermal systems with RHI subsidies.
• LED lighting design and replacement/upgrading of existing lighting including those controlled by DALI ,
Simmtronic, Lutron, Redwood, Phillips Interact.
• Outdoor Solar furniture, including bus shelters, picnic benches, bike storage and charging units.
• Antiviral/antibacterial lighting to minimise airborne contamination of surfaces and spread of microorganisms
within indoor air spaces supplied by our sister company Lightico.co.uk
• Ground and air source heating systems with RHI subsidies.

At Power on Demand, we have a holistic approach for our projects. We consider sourcing financial backing or external investment after the solution is agreed upon and the cost for our client’s projects. Many of our renewable projects can be undertaken at zero upfront cost to the client - being paid for by a PPA (Power Purchase Agreement) i.e. utilising the savings achieved to pay off the capital cost.

Our business is continually growing and so is the demand for our services. The funds raised for this campaign will be used for stock purchase, recruitment, marketing and events.

POD’s journey has been incredible, and we are excited to see what lays ahead in the future, and we hope that you can be a part of it.

COVID-Resilience:
The renewable energy industry has grown during COVID-19 and hit record growth last year. It has now been shown that the capacity for the use of it has increased.

https://bit.ly/2Y9iTbn

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 ensure there are sufficient assets should the loan need to be recovered. There have been no CCJs for the business or directors. They are a returning client with perfect repayment history. Although the 2020 filed accounts show a loss (mainly due to an increase in purchases and subcontractors) they showed improved stock days and reasonable net worth. The draft 2021 accounts show an improvement on 2020's profit and the bank statements show affordability for a loan.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 100k
Raised
£ 56k
Investors
150
Est close date
15d 17h

Where will the funds go?

Stock purchase
£40,000
Recruitment
£30,000
Marketing and events
£30,000

Key people

Adrian David Ladds
Director
HL
Helen Ladds
Director

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Business brand

Ilfracombe, UK

"Providing the best technology for your solar needs."

Incorporated
9 years, 5 months
Product risk
Lower
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.