After 17 years in the survey and construction industry as a Senior Surveyor/Line Manager, Miklos Hajnal is taking the plunge and launching his own new business, Magellan Surveys Limited. The London-based start-up will provide land and measured building survey information services to a wide variety of customers from private individuals to architects, developers, consultant engineers, local and regulatory authorities as well as the construction industry throughout the UK.
Ignition has successfully assisted Miklos with the launch of his new business by funding a crucial piece of surveying equipment. The Leica RTC 360 is an advanced instrument for scanning tall buildings and construction sites. Miklos was able to obtain it on Hire Purchase as well as taking advantage of the Super Deduction tax incentive announced by the government in March, which cuts tax bills by 25p for every £1 invested and reduces taxable profits by 130% of the cost.
“If I had decided to hire this equipment, it would have cost me around £1,200 per week + VAT. With Ignition’s package I pay £700 per month for five years and will eventually own it outright. In addition, the super deduction tax break has made the deal even more attractive.”
Having first considered starting his own company in 2014, Miklos finally took the plunge after noticing the impact of the Covid19 pandemic and Brexit on his industry:
“Time spent on furlough gave me the opportunity to thoroughly research the market and put together my plans for the business. I noticed that many skilled workers in the industry were from the EU and returning to their birth countries, meaning that demand for the services Magellan Surveys can offer is high.
“My industry experience and contacts put me in a really strong position to succeed with this venture.”
Miklos was introduced to Ignition and its services through G2 Surveys, a company that has recommended Ignition to its customers for many years and is highly regarded in the industry.
“Working with the team at Ignition has been stress-free and convenient. The new Leica RTC 360 is an excellent all-round piece of equipment which will be crucial to the launch of the business.”
For more information on Magellan Surveys, visit www.magellansurveys.co.uk.