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GENPOWER

Multi award winning distributor of power equipment

loanLoan
Capital at risk
36
Months
8.0%
apr
Director
guaranteed
IFISA
Successful
Capital at risk
Director guaranteed
IFISA
Amount
£
You make
£
Successful
Minimum investment is £0
Total return
£
Monthly repayments
£
Our APR explained

Genpower was established in 2006 in Pembrokeshire, South West Wales. After identifying a gap in the market for affordable yet high quality power equipment the directors (a family team) put in place a vision which has since gone from strength to strength with annual revenue of £6.2m for the year ending March 2016.

Tell me more

Our mission is to become the number one supplier of high quality power equipment in the UK.

In recent years the company has also secured exclusive rights for the sales of products produced by the Canadian manufacturer “BE Pressure” as well as developing it's own brand “Evopower”.

With an impressive range of equipment already available within Garden Machinery, Generators, Pressure Washers, Air Compressors, Water Pumps, Power Tools, Industrial Vacuum Cleaners & Hand Tools, the directors plan to further extend this product range in the next twelve months.

Collectively sales of these products have risen by an average of 94% over the past three years to £6.2m, with forecast growth of a 40%per annum. Genpower employ a driven and highly skilled workforce of over 50 employees with further headcount increases planned to support the growth of the business.

In 2014 the company purchased a 120,000 sq ft distribution centre. This building also houses the company's head office functions and has the space required for further expansion over the next five years.

Genpower has won a number of prestigious industry awards including a listing in the 2015 Sunday Times Fast Track 100, National Champion (Wales) in the Scoot headline awards 2015 and both Small Business of the Year and High Growth Business Award from the Wales Chamber of Commerce awards, 2015.

“Listed in the Sunday Times Fast Track 100, recognised for it's exceptional growth over the past three years”

With over 250 dealers nationwide offering a range of Hyundai, BE Pressure & Evopower power equipment our vision is to raise brand awareness, expand the product range and enter into new international markets whilst continuing to provide exceptional customer service and aftersales support for an affordable yet reliable product.

Our Brands:

Hyundai
Global Korean manufacturer Hyundai, imported and distributed by Genpower, it's our goal to make Hyundai the number one power equipment brand within the UK & Ireland. To do this we apply the following principles to everything we do Quality, Value, Innovation & Support.

BE Pressure
Canadian manufacturer BE Pressure established in 1991, the company now has eight North American distribution facilities, four manufacturing facilities and exports to more than thirty countries globally today - with Genpower being sole importer for the UK.

Evopower
Genpower developed brand established in 2006, imported and distributed by Genpower. Products on offer represent an affordable and reliable power equipment alternative.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Tranche (1 of 2)
£ 100k
Raised
£ 100k
Investors
51
Est close date
Funded 8 years ago in 34 days

Where will the funds go?

Expansion into other markets
£75,000
Marketing & Website Development
£25,000

Key people

Roland Llewellin
Director
Red cup

Investor rewards

Get Ready. Steady. Go!

If you invest £10,000 - £100,000
Enjoy a session with a co-driver in Genpower’s rally car, where you’ll be driven flat out around a forest stage, an experience you’ll never forget!

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Business brand

SA72, UK

"Our mission is to become the number one supplier of high quality power equipment in the UK."

Incorporated
19 years, 0 months
View website
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Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.