revenueshareRevenue
Capital at risk
36
Est. Months
15.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Est. Monthly repayments
£

Bringing elegant, seamless, retrofit led functional sockets, Trendi Switch brings high-quality wiring accessories all at a competitive rate. Varying from gold electrical suppliers internationally into 16 different counties, they operate online and in stores such as Homebase and Next. Demand is continually growing and they will be raising money for stock purchase and loan consolidation.

Create the finishing touch to your room design.

We have worked on numerous projects from small to large, such as The Collective Old Oak Student accommodation in London, VIP Hotel Qatar and boutique hotels in Malta and Cyprus. We have also been featured on a BBC programme ‘Your Home Made Perfect’ where Trendi Switch was specified and received great exposure. As well as selling our items online we sell in retailers such as Homebase and Next.

Having had multiple exhibitions, we continue to showcase our products and involve our customers in all of our work, not only to create a stronger relationship but to also increase our exposure.

All of our products are easy to install with no additional wiring required, which have fireproof ABS plastic module casing and faceplates that do not fade in the sun and are scratch-proof. The products have been made easy to clean so you can keep them looking good as new. Here at Trendi Switch, we recognise the requirements for product development and whilst we are a new company, we are keen to develop our products whilst keeping the design lines.

Our latest developments feature our new cooker control panels, double blanking plates and the upcoming LED dimmer series range. The USB plug sockets (double & single) launched with great success, as sales have been steadily increasing along with many satisfied customers.

We continually perfect our work and via the feedback from the public and our stockists, we always look to expand and improve the range product by product. We are now raising funds to purchase more stock and loan consolidation.

COVID-resilience:
We have been growing steadily as a business, even through COVID and our items were still sold and purchased in retailers such as Homebase as it was classed as an essential.

Credit Risk Comments:
The directors of The Internet Retailer (existing client) have returned with their other business Trendi Switch. The business shows good current ratio and stock days. The affordability within the bank statements is tight at times, and they took some lending recently which will be settled as part of the conditions of the loan. 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. There will also be a cross company guarantee with The Internet Retailer.

X

Business keeps the raised amount even if target is not met.
Revenueshare - product type
Maximum
£ 100k
Raised
£ 88k
Investors
201
Est close date
3d 2h

Where will the funds go?

Loan Consolidation
£50,000
Stock Purchase
£50,000

Key people

Ben Sunderland
Director

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Business brand

Forest Row, UK

"Create the finishing touch to your room design."

Incorporated
7 years, 8 months
Product risk
Medium

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.