Geko Castings (Pty) Ltd Manufacturer of Concrete Products

We are a new business that specializes in the manufacturing of concrete precast products. The company has been running for more than 6 months and sales have been growing steadily. All operational expenses are being covered from the turnover and we are already showing a small profit. We have been focusing on the quality of our products and have approached the market with an aggressive pricing structure to win market share, but still managed to maintain a sustainable profit margin. Our main objective at the moment is to find funding for the purchase of a delivery vehicle, as well as enough raw material to build up stock buffers. This will enable us to speed up delivery to our customers. The rest of the funding will be used to purchase molds for additional products that we can offer to our current client base, as well as to maintain cash flow for bigger projects. We are also currently busy setting up a e-commerce enabled website. Our current equipment and staff compliment is sufficient.

Stage Growth stage EST July 2019
Sectors Manufacturing
Location Tembisa, South Africa
Markets South Africa
Customer model B2C
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