Aluminium Smelting Company Seeking Loan in Saudi Arabia
Small-scale producer and exporter of ingots in Muscat seeks funds to buy bigger machinery.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 600 - 700 thousand |
| Run Rate Sales | USD 480 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Aluminium Smelting |
| Locations | Saudi Arabia |
| Local Time | 10:12 AM Asia / Muscat |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
52 thousand
for
7.0%
annual interest,
5
years
(Native Currency: OMR 20,000)
Reason: We want to purchase new machines with a 4-ton daily processing capacity.
Collateral Available: USD 0
Includes physical assets worth
USD
47 thousand
Interested to connect with advisors
Documents
Company Visiting Card
(56.7 KB)
Commercial Registration
(218.6 KB)
Business Overview
- Producer, wholesaler, and exporter of aluminium and brass ingots.
- The business operates from its rented production facility in Muscat, Oman.
- End-users of our products are manufacturers of utensils.
- We easily source our raw material from the local scrap market. There is a surplus of scrap/raw material due to a high number of cars in Oman and other GCC countries.
- The company had to halt operations 8 months ago and thus are sales are nil at the moment.
- We sold our products in the local market and exported it to buyers in India as well.
- The operations are slated to resume as 8 workers have been given visas and they will soon join us in Muscat.
- The business operates from its rented production facility in Muscat, Oman.
- End-users of our products are manufacturers of utensils.
- We easily source our raw material from the local scrap market. There is a surplus of scrap/raw material due to a high number of cars in Oman and other GCC countries.
- The company had to halt operations 8 months ago and thus are sales are nil at the moment.
- We sold our products in the local market and exported it to buyers in India as well.
- The operations are slated to resume as 8 workers have been given visas and they will soon join us in Muscat.
Products & Services Overview
Aluminum molding and melting brass scrap to produce ingots. We produce and export aluminum ingots.
Assets Overview
We have a machine with a daily production capacity of 1 ton with a conveyor system for the processing of raw material.
Facilities Overview
Rented factory in Muscat with an area of 1,800 sq. ft.
Capitalization Overview
- Company has no bank loans or credit card.- The company has three shareholders in 50:20:30. 30% is owned by the Omani shareholder.
Recent Activity
-
Earlier than 15 daysDirector, Recycling, Leeds, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Aluminium Manufacturer, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Stuttgart, Business Broker connected with the Business
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