Oil Services Company Seeking Loan in Doha, Qatar
Doha-based oil and gas maintenance contractor with secured revenue.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 11 million |
| Run Rate Sales | USD 8.2 million |
| EBITDA Margin | 18 % |
| Industries | Oil Services |
| Locations | Doha |
| Local Time | 11:58 AM Asia / Qatar |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
274 thousand
for
20.0%
annual interest,
1
year
(Native Currency: QAR 1,000,000)
Reason: We currently have urgent requirements for cash due to a dip in cash flow (summer), high work demand,...
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Collateral Available: USD 0
Includes physical assets worth
USD
690 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Financials (Last Year)
(6.3 MB)
Business Overview
- We provide electrical and civil maintenance services.
- Have recurring contracts for 25+ years with QatarEnergy.
- Secured revenue from QatarEnergy with 30-day payment terms.
- Our average monthly revenue is 3m QAR.
- We are located in Mesaieed with in-house workshops.
- Have recurring contracts for 25+ years with QatarEnergy.
- Secured revenue from QatarEnergy with 30-day payment terms.
- Our average monthly revenue is 3m QAR.
- We are located in Mesaieed with in-house workshops.
Products & Services Overview
- Civil and electrical maintenance in plants, buildings, facilities, and pipelines.- Minor construction and general contracting in the oil and gas industry.
Assets Overview
Tangible Assets.-QAR 2m - Vehicles, Equipment's and Tools.
-QAR 500k - Material Stock.
-QAR 4.5m - Cash Collateral against Contract Performance Bonds.
Intangible Assets.
-Goodwill.
-Over 35 years experience with QatarEnergy.
Facilities Overview
- Head office located in Doha (Barwa Commercial Avenue)- Accommodation camp in an industrial area - 56 rooms.
- Rented accommodation apartments in Mesaieed - 7 2/3 bedroom apartments.
- 10,000sqm of rented land for site offices, workshops and storage facilities.
Capitalization Overview
The business is self funded with outstanding loans.- QAR 3m owed to bank.
- QAR 2m owed to other creditors.
The business also has QAR 4.5m cash deposits against guarantees issued.
Recent Activity
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Earlier than 15 daysStrategy & Business Development Director, Consumer Goods Retail, Doha, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Food And Beverage, Cardiff, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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