Johnids Design
What the business is about?
JOHNIDS DESIGN SDN BHD was founded by Mr. Yee in 2017 and inherited from his grandfather for more than 50 years of furniture factory, mainly focus in mid-to-high-end residential interior and architectural design, as well as providing decoration, construction supervision, custom made furniture and after-sales service.
Adhering to the concept of “fulfilling your dream home is our dream”, we provide customers with innovative design, reasonable price of quotation and experienced team member in renovation, sincerely tailor-made comfortable dream home for each customer. OUR NAME, JOHNIDS, IS UNIQUE; The initials of the founder’s Chinese name, sound like “professional” and mean doing everything professionally when providing products and services.
https://johnids.com/wp-content/uploads/2023/10/logo-big.png
The company has rapidly developed into a reputable interior design renovation and build company in North Malaysia in just 5 years. We have grown to 1 head office and 2 branches, and established strategic partnerships with Ecoworld and Paramount, well-known domestic developers; Close and long-term cooperation with a number of colleges and universities, with practical teaching and internship opportunities to cultivate more talents in the field of interior design architectural field. In addition, despite the global pandemic, we maintained a strong revenue record from 2017 to 2021, with cumulative revenue exceeding RM10 million.
JOHNIDS not only seeks to go beyond residential interior design, but also includes renovation and project management, one-stop service for cooperation with architecture, and will become a lifestyle experience service provider. In the interior design and renovation industry in Malaysia, we are one of the few companies to be awarded CIDB and Brand Intellectual Property Certification by the Malaysian Construction Industry Development Authority to provide systematic, cost-effective, socially responsible and quality services. Our ultimate goal is to be an industry leader, and we are pioneers in problem solving and sustainability.
This is Johnids Design Sdh Bhd's 1st investment note with Alixco.
This investment note is secured by 1 personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
The funds will be used for working capital.
Business Overview
Business
Funding amount
RM 50,000.00 for 6 months.
16.2 % interest (nominal, p.a.)
Business type
ACTIVITIES OF INTERIOR DECORATORS, LIMITED BY SHARES
PRIVATE LIMITED
Location
NO. 18, JALAN BUNGA RAYA MERAH 2 12300 BUTTERWORTH PULAU PINANG
Number of outlets
1
Number of directors
1
Personal guarantees
1
Year of incorporation
2017
Number of employees
1
Important Risk Information:
The risk score of C (‘High risk’) was determined by a blend of our internal risk-based pricing algorithm, an external risk score from a leading credit rating agency and a variety of qualitative factors. It is an approximation only and does not guarantee any specific outcome.
Our risk score ranges from A(‘lower risk’), B(‘medium risk’), C(‘medium-high risk’) to D(‘high risk’).
Risk score of C (‘High risk’) indicates that this investment amount has an elevated-high level of risk.
In 2023, Johnids Design had a revenue or RM 4,942,166.00 and a profit before tax of RM 25,264.00.
Investor Fees:
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.