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Sportswear Shop Seeking Loan in Lutterworth, UK

Pre-revenue swimwear company with built-in foam, blending safety and style, seeking loan for expansion.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Sportswear Shops
Locations  Lutterworth
Local Time 9:54 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16 thousand for 7.0% annual interest, 3 years (Native Currency: GBP 12,000)
Reason: - The promoter plans to order a second batch of swimwear, focusing more on men, children, and additi... View More
Collateral Available: USD 80 thousand
Includes physical assets worth USD 8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The company is in a pre-revenue phase.
- It plans to generate sales through swimwear with sewn-in foam aids that combine safety and style.
- The products are designed for adults and children, including those with disabilities.
- The company is registered as a private limited entity.
Products & Services Overview
The company is in a pre-revenue phase and plans to generate sales through swimwear with sewn-in foam, combining safety and style, designed for able swimmers, children, adults, and individuals with disabilities.
Assets Overview
Tangible assets:
- 100 pieces of swimwear (GBP 6,000)
Intangible assets:
- Private limited company registration.
Facilities Overview
The business operates from the promoter’s residence.
Capitalization Overview
The promoter secured a GBP 20,000 loan to cover business planning and invention costs, funded the first purchase batch of 100 units, and retains 100% ownership of the business.
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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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