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
£

Founded in 2004 and incorporated in 2011, Sira building and development manages the design, build and maintenance of all buildings for public and private sector clients. We are thrilled to bring you this opportunity to invest in Sandeep. He is seeking funds for growth and expansion, as they move into their busier season.

Provide a high quality build, design and maintenance service

Sira building and design was established in Bedfordshire. We provide services throughout the UK, Scotland and Ireland, within a variety of markets and industries. We offer: design, construction, maintenance, internal and external refurbishments and alterations and fit outs. Some of our recent projects have included: rooftop extensions, car parking and external landscaping works, steel frame buildings with internal fits, conversion of existing office industry buildings and more.

The company was formed on a few core values, which we believe has helped grow our business and reputation. Firstly, customer care is central to our approach, we ensure complete satisfaction with the work that we deliver. Secondly, the people we work with and employ are of the highest calibre, with a wide range of skills and experience. Lastly, the company and its employees subscribe to a set of core values. These underpin the way in which we conduct our business and the respect we show each other.

As a company it is our mission to provide a high quality, efficient and excellent design, build and maintenance service. We work closely with our clients and have as a result gained long term repeat business, with a growing reputation for professional excellence. We are excited about the opportunity to grow and expand.

Covid Resilience:
Overall, the records reviewed revealed that the COVID-19 pandemic has significantly impacted commercial and residential developments, the housing market, and the construction industry. Sira Building and Development Limited have moved through challenges, proving good resilience.

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 against the business or directors. The bank statements demonstrate reasonable affordability and the accounts remain well in credit. The Equifax score and grade, on which we base our assessment of risk, are based on the 2021 accounts and we have performed our assessment on financial information which was not available to Equifax.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 167k
Raised
£ 37k
Investors
129
Est close date
Funded 16 days ago in 30 days

Where will the funds go?

Expansion
£83,333
Working Capital
£83,333

Key people

SS
Sandeep Sira
Director

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Business brand

Northampton, UK

"Provide a high quality build, design and maintenance service"

Incorporated
10 years, 8 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.