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Land Developers Company Seeking Loan in St Agnes, UK

Land developer with 2 ongoing projects seeks a loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 800 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 20 %
Industries Land Developers
Locations  St Agnes
Local Time 10:13 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 530 thousand for 12.0% annual interest, 2 years (Native Currency: GBP 400,000)
Reason: We have secured several plots of land with planning permission and seek private investment to build ... View More
Collateral Available: USD 400 thousand
Includes physical assets worth USD 400 thousand
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Business Overview
- £600k turnover with projected turnover of £1,470,000 next year and £2,700,000 2 years later, based on secured pipeline of work.
- The Director of the company has a proven track record of building over 400+ homes in Cornwall.
- Company's journey from apprentice Mason to self-made business owner is a testament to his dedication and years of building trust with repeat clients.
- Since its establishment, the company has become synonymous with excellence in masonry-built structures. The promoter's hands-on approach, shaped by years of experience, ensures that every project is meticulously managed and delivered safely, on time, within budget, and to the highest quality standards.
- Associate Director Project manager for an international project management consultancy. Career to date spans multi-use projects ranging from £50m Grade A commercial offices in Central London to 1 billion Dirham 74 story (taller than the Shard) residential towers in Dubai, UAE.
Although the AD was raised in St. Agnes, he started a professional career in London and qualified as a Building Surveyor. Has operated in over 6 different countries and is en route to achieving his RICS chartership.
- Have completed over 400 projects to date. Currently, we have 2 ongoing projects.
- We sub-contract employees based on requirements.
Products & Services Overview
We purchase and develop land to create new homes for sale on the open market. Our enviable network of local contractors, architects and engineers create new, high-quality new build homes in the highly desirable area of Cornwall.
Assets Overview
Two plots of land and a third under option agreement in highly desirable areas.
Facilities Overview
Own registered office is located in the north of the city.
Capitalization Overview
The business is funded through directors cash and development finance. We have little to no ongoing liabilities to maintain cash reserves for re-investment. We have a secured land bank and require further finance to fund the construction of new homes for sale on the open market.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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