Engineering, Procurement & Construction Company Seeking Loan in Male, Maldives
Company specializing in building and renovating structures, from commercial buildings to essential infrastructure.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 325 thousand |
| Run Rate Sales | USD 156 thousand |
| EBITDA Margin | 30 % |
| Industries | Engineering, Procurement & Construction |
| Locations | Male |
| Local Time | 6:12 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
300 thousand
for
10.5%
annual interest,
2
years
(Native Currency: MVR 4,600,000)
Reason: We seek the loan to expedite the progress of our ongoing construction projects, further enhancing th...
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Collateral Available: USD 0
Includes physical assets worth
USD
280 thousand
Interested to connect with advisors
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Documents
Company Logo and Location
(29.8 KB)
Company Registration Certificate
(272.1 KB)
Gst Registration
(468.3 KB)
Business Overview
- Prominent construction company in the Maldives.
- Have successfully completed the construction of more than 20 fuel tanks and 10 buildings across the stunning landscape of the Maldives.
- Our dedicated team continues to spearhead various ongoing projects, each contributing to the growth and development of this beautiful nation.
- We sometimes hire additional labor as well.
- We construct for both private businesses and government agencies. Private businesses pay us on time while government agencies take more than 90 days.
- Due to the unfavourable political climate in the Maldives our payments have been delayed by a lot of time. This has led to a drop in our sales this year.
- Have successfully completed the construction of more than 20 fuel tanks and 10 buildings across the stunning landscape of the Maldives.
- Our dedicated team continues to spearhead various ongoing projects, each contributing to the growth and development of this beautiful nation.
- We sometimes hire additional labor as well.
- We construct for both private businesses and government agencies. Private businesses pay us on time while government agencies take more than 90 days.
- Due to the unfavourable political climate in the Maldives our payments have been delayed by a lot of time. This has led to a drop in our sales this year.
Products & Services Overview
We construct metal structures like fuel tanks for resorts and fuel companies; and we construct buildings like schools, courthouses, and sports complexes for government agencies.Our top-selling service is the construction of fuel tanks for resorts. The biggest tank built by us was for 300 KL.
Assets Overview
Tangible assets.- Stock of fuel tanks worth MVR 4 million.
- Machines worth MVR 350k.
Facilities Overview
We have a rented office of 1,000 sqft in Malé and we have a 2,000 sqft leased warehouse and accommodation in Thilafushi Industrial Area.
Capitalization Overview
- We have undertaken both self-funded and government-funded projects, with a remarkable track record.- Currently, we have a CC facility of MVR 3 million.
- Company has two shareholders in a 99% and 1% shareholding split.
Recent Activity
-
Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
Tags:
Engineering, Procurement & Construction Company Seeking Loan in Malé, Maldives
·Lend to Engineering, Procurement & Construction Company in Malé, Maldives
·Engineering, Procurement & Construction Company Seeking Loan
·Lend to Engineering, Procurement & Construction Company
·Engineering Company Seeking Loan in Malé, Maldives
·Lend to Engineering Company in Malé, Maldives
·EPC Company Seeking Loan in Malé, Maldives
·Lend to EPC Company in Malé, Maldives
·Engineering Company Seeking Loan
·Lend to Engineering Company
·EPC Company Seeking Loan
·Lend to EPC Company
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