Finance overview
Cash, results and the road to break-even for the factory while it ramps up to the 1 Nov launch.
Pre-launch loss is shrinking: −41,200 in August, −28,100 in September.
Fixed costs run at about AED 78,000 a month. At a 48% contribution the factory breaks even at roughly AED 160,000 of sales a month — September was 98,900, so external orders must grow after the 1 Nov launch.
Cash in bank
AED184,500
AED 63,900 free after 120,600 due in 30 days
September sales
AED98,900
277%vs August 26,200
External 58,900 · LHP TS 40,000
September result
AED−28,100
Expenses 127,000 · August −41,200
Pre-launch ramp-up
Customers owe us
AED96,150
0 overdueLHP TS 42,000 on 12 Oct
We owe suppliers
AED56,700
Materials 48,300 · job-work 8,400 · nothing overdue
Partners' capital
AED450,000
Injected Jul – Sep · runway 2.4 months of fixed costs
Sales vs expenses
First two months of production · and what break-even looks likeSalesExpensesBreak-even month (target)
| AED | Aug | Sep |
|---|---|---|
| Sales | 26,200 | 98,900 |
| Expenses | 67,400 | 127,000 |
| Result | −41,200 | −28,100 |
Losses are part of the plan — and getting smaller
The start-up loss so far is AED 69,300, covered by the partners' capital. Sales almost quadrupled in September while costs rose 88%; October already has AED 129,800 of orders in hand.
Cash for the next 30 days
Bank balance less what is already committedCash in bank today184,500
Supplier & job-work bills−56,700
October salaries (WPS, 1 Nov)−48,100
Licence & government fees−9,000
Electricity & water−6,800
Free cash63,900
Expected in the same 30 days · AED 126,285
- LHP Technical Services42,000
- Blue Wave Contracting33,390
- Cedar · paid on delivery30,135
- Cedar Interiors20,760
If all arrive, cash on 1 Nov ≈ AED 190,185Invoices
Break-even after launch
Fixed costs ÷ contribution margin = sales needed each monthFixed costs a month
AED 78,000
Salaries (14 staff, from Oct)48,100
Factory rent, Plot 2712,500
Electricity & water6,800
Licences & government fees4,850
Truck, forklift & machine upkeep4,300
Office, telecom & misc.1,450
Contribution margin
48%
What is left of each AED 100 of sales after glass, aluminium, hardware, tempering, coating, consumables and delivery — at the standard price list.
Materials 42Outsourcing 7Consumables & delivery 3Contribution 48
September came in at 45.5% — two remakes and a first-month price for Blue Wave.
Sales needed a month
AED 162,500
78,000 ÷ 48% · about AED 160k, or 6,250 a working day (Mon – Sat).
61%
September 98,900 · gap AED 63,600 a month
- TS orders already booked for Oct87,650
- Target: 2 regular trade customers40,000
Who the factory sells to
September · AED 98,900 excl. VAT40%to LHP TS
LHP Technical Services40,000
Blue Wave Contracting31,800
Cedar Interiors22,600
Trade & walk-in4,500
LHP TS is the anchor customer
Inter-company sales are priced at list less 8% and drop out of the group accounts. Aim for under 30% of sales after launch so the factory stands on its own.
Partners' capital & runway
Cash injected into Emirates NBD ••7710July 200,000August 150,000September 100,000
Capital in450,000Jul – Sep
Cash today184,50041% of capital
Fixed-cost runway2.4 mo184,500 ÷ 78,000
At Sept loss rate6.6 mo184,500 ÷ 28,100
Tax & filings
- VAT registered since 1 Sep 2026
- Industrial licence fees · AED 9,000
- E-invoicing (PINT-AE)