loanLoan
Capital at risk
36
Months
13.0%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

WMB Electrical are expert suppliers of lighting solutions to both the retail and wholesale market, with over 30 years of experience. Taking pride in their professional service, their staff are extensively trained and offer a vast range of products from all over the world, as well as a trusted electrician service for domestic and commercial clients. With the funds raised, they will continue their growth with a new eCommerce website, more staff and marketing.

We go the extra mile to deliver the best lighting solutions to Retail and Wholesalers in the UK.

WMB Electrical is a professional lighting wholesaler to both retail and commercial clients. Based in Manchester, we source our top quality products from around the world, including light fixtures, bulbs and accessories from all leading brands. We aim to offer a vast range of styles and options to our clients, finding them the perfect solution. On top of our wholesale offering, we provide professional electrician services for commercial businesses and domestic users.

We take our staff training very seriously and go the extra mile to ensure they are expert lighting guides to our clients. Our high-quality customer care has set us apart from our competition and maintained our loyal customer base. This trusted reputation has also enabled us to provide our successful electrician service, encompassing all aspects of domestic and commercial electrical installations and repair, from rewiring and refurbishments to security systems and fire alarms.

As the company has grown from strength to strength, we are looking to expand further by creating a bespoke, user-friendly eCommerce website and investing in advertising and marketing. Our expansion plan also includes taking on more staff to maintain our high level of customer care as we grow. We have already received enquires in anticipation of our busy Christmas season, so the funds will enable us to prepare and capitalise on this rush of business.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 100k
Raised
£ 100k
Investors
453
Estimated close date
Funded 3 days ago in 28 days

Where will the funds go?

Development of eCommerce website
£40,000
Hiring more staff
£30,000
Marketing and advertising
£30,000

Key people

AK
Amir Khan
Director

Got a question for the business?

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A. Yes. The full range of lighting and accessories will be available online, with next day delivery.

A. Hitherto we have been doing both retail and wholesale, but the plan is to predominantly become retail by selling directly to customers online.

A. There is no existing finance. Initial capital outlay came from the sole Shareholder/Director

A. We commenced trading in January 2018

A. 1) Online reviews: We have received many such reviews on our previous website, but we are in the process of creating our new e-commerce website which requires the investment sought. All reviews will be uploaded on the new website.
2) We are not related to the company WMB Ltd. We are WMB (Electrical) Ltd and we sell electrical fittings whereas they are merely electrical contractors.

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Business brand

Manchester, UK

"We go the extra mile to deliver the best lighting solutions to Retail and Wholesalers in the UK."

Incorporated
2 years, 10 months
Equifax score
68 / 100
Equifax Grading
powered by Equifax
Good score
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Risk warning

Investments like these involve risks including loss of capital. Please see our risk section before making an investment decision