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🇧🇧Barbados·Construction materials·Founded 2008·156 employees
CoralCrete Materials
Stage · CommittedEXIM eligibleDFC eligible
Provara Readiness Seal
PRV-2026-0155 · issued 2026-04-12 · verify
Provara Scorev3.2
76/100
Investment-ready
Domain profile
Score history
About the company
Manufacturer of hurricane-rated concrete panels and low-carbon cement blends supplying resilient-housing programs across the Eastern Caribbean.
Monthly trade volume (USD)
rolling 12 months
Management
- Winston BourneChief Executive Officer
- Grace CorbinChief Financial Officer
Capital ask
$15.0M
Concessional debt
Use of proceeds and pricing indications available under NDA in the data room.
Strengths
- Construction materials operator with above-median financial performance & trajectory.
- Clear line of sight to concessional debt deployment within 6 months.
- EXIM-eligible export corridor established.
Gaps & recommendations
- Strategic Alignment & Exit Pathway below Provara benchmarkSharpen use-of-proceeds and milestone clarity; identify comparable exit transactions for the mandate.
- Operator & Team Quality below Provara benchmarkComplete C-suite bench, document succession plan, and formalize an external advisory board.
- Financial Performance & Trajectory below Provara benchmarkComplete IFRS-aligned audit for FY2025, rebuild 3-statement model, and tighten cash-conversion cycle.