WFST is a fire safety organisation that has been in operation for over 25 years. They provide reviews, training, and certifications for businesses and their fire safety procedures. They are an accredited SFJ awards centre, and ISO 9001:2015 approved. They are mostly staffed by serving and former fire officers, all of whom are eager to bring their experiences to businesses to improve their fire safety standards.
To provide fire safety solutions cost effectively and with integrity.
I am not the only former member of the Fire Service helping keep WFST going. Much of the company is made up of serving and former fire officers like myself. We realised that all of our expertise could go into increasing fire safety and helping to reduce fires and fire related casualties. All of our Design staff have even provided courses to UK military design and development standards. WFST operates off of eight core principles: Professionalism, Integrity, Confidence, Excellence, Vision, Service, Respect, and Flexibility. With these values at the heart of the business, we make sure to deliver the highest quality fire safety solutions to businesses great and small. We are a well-trained and experienced organisation who prioritise fire safety above all.
We are a certified and accredited SFJ awards centre, as well as being ISO 9001:2015 approved. Our courses are also in line with the Defence System Approach to Training (DSAT) quality standards. We are also proud to work with some extremely well known businesses and organisations, including the NHS, J. D Wetherspoon, and Heathrow Airport. Our services range from risk assessments to fully tailored fire training for all employees and even for Fire Marshals / Wardens. Our accreditations and portfolio make us a top pick for corporate fire safety, something our clients agree with.
The directors Neil Flynn and Philip Dean are providing a personal guarantee, which means should the business fail, and there are insufficient assets within the business to repay the loan, we can look to the guarantor(s) to repay any shortfall on repayment. Both directors show good credit profiles. Looking at their recent annual accounts, the company’s net profit is at £130k, this is an increase of more than £70k compared to last year’s net profit. This is due to an increase in sales and cost reduction. The company’s EBITDA is sufficient to cover the proposed facility. Finally, the last three month’s bank statements show a consistent and positive cash flow. Considering the current mitigants the company has enough capabilities to afford and cover the proposed loan.
The business advised that they have not been affected by higher input costs yet. As most of the lending to the business is at a fixed rate, they will be not affected by the current interest rates.
submit for review
Where will the funds go?
"To provide fire safety solutions cost effectively and with integrity."