Profit per week is 3k around 12k per month but in December 2017 profits were 16k. Started trading 5 years ago but only been a limited company since Jan 2017 since we moved premises and registered for VAT. Also with the new contract with the NHS we will have a minimum of 4 extra vehicles per week increasing profits more.
Hi Grantuk85, sorry to interrupt your conversations.
I just wonder, if your business could generate almost 10k profit a month, why the bank could not lend you 20k, for a very low interest rate compared to the loan here?
This is just doesn't make sense in the business world. Any explanation for that?
Thanks.