Newly Established Asset Management Company Seeking Loan in Wales, UK
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 1.62 million |
EBITDA Margin | Nil |
Industries | Asset Management |
Locations | Wales |
Local Time | 5:02 AM Europe / London |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The business model involves the clients investing in the company and in return the company re-investing in other firms, and as of now, the company has 5 clients, comprising both individual investors and investment companies.
- Currently invested in one firm and is seeking to expand its investments to more companies in the near future.
- The company retains 14% of the returns from its investments.
- The company's approach to funding differs from traditional pawnbrokers, as it does not deal directly with individuals seeking finance through the pledge of assets. Instead, it provides funding to companies that engage in this type of financing.
- The average global rate for pawnbrokers is estimated to be 5% per month; however, the company's focus on higher echelon assets and operating at a secondary level leads to its decision to use this rate.
- Business has a Financial Conduct Authority (FCA) license.
- There are 3 permanent employees, additionally, there are agents stationed at various locations.
Clients comprise of both individual investors and investment companies.
Currently invested in one firm.
The head office is owned, the others are rented.
There are 2 shareholders in the business.
No outstanding loans or liabilities.
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1 week agoVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCo-Head, Financial Services, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector Of Sales, London, Business Broker connected with the Business