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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

Read our full Risk Warning
Offer Closed
Headway Housing Limited 2nd Campaign

Projected net return: 12.56% per year

Term: 36 months

Target: £150,000

Min target: £125,000

Amount raised: £150,000

100%
£10 minimum investment
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Headway Housing Limited

Supported housing provider

Headway Housing Limited (HHL) is a therapeutic supported housing provider that delivers semi-independent accommodation and tailored packages of support to young people (aged 16-24). HHL provides a platform to develop the social, emotional and practical skills that these young people will need to make a safe, rewarding and successful transition to adult life. 


HHL offer a high quality self-contained 6-room accommodation, with 24-hour on-site support close to all amenities and major transport links.This therapeutic environment allows a multi-agency approach to tackle various issues such as substance misuse, child sexual exploitation, mental health and learning disabilities amongst others.

HHL is an existing client since 2020 and over the last 2 years, the business has continued to grow with total properties of 5 with additional 3 properties expected to open this year. The business has also opened 2 new regional offices in Birmingham and Sheffield.

Murabaha SPV 17 Ltd is a Special Purpose Vehicle (SPV) formed to provide finance to HHL in the form of a commodity murabaha agreement. The investors are issued B shares in the SPV that provides the onward financing to HHL. Additional details are in the attached Information Memorandum document. You should read all available information before deciding to invest. 

The returns for each investor will depend upon the amount of capital contributed by that investor (i.e. on a pro-rata basis). Payments consisting of profit and principal instalments will be made each month on a pro-rata basis over the 36 month tenor as per the payment schedule defined in the attached Information Memorandum document.  The forecast profit rate of 17.5% gross per annum is the aforementioned profit margin that represents the SPV's return. 

After an initial raise of over £75k, HHL is back for a second round to raise additional growth capital. The amount being requested is £150,000. The funds will be used for growth and working capital purposes.

Revenues for the year ending in November 2021 are c.£487k, representing a 108% increase in revenue growth vs the prior year. Gross profit and EBITDA margins are at 96% and 42% for the period. Revenue growth primarily driven by increase in occupancy rates as more properties are added to the portfolio. Revenues for the first half of FY22 are c.£220k.

Past performance is not a reliable indicator of future results. Projected results may not be realized.

The total homecare and supported living UK market is estimated to be worth c.£10.3bn FY19/20. In the UK, there were c.6k CLA aged 16-17 living independently or in semi-independent living accommodation at 31st March 2021. Through the Covid-19 pandemic, the sector showed itself to be resilient in the face of the challenges its faced and the financial impact on most homecare providers was limited. This was largely down to the efforts of the people working in the sector and the support of government grants.