Close

Jump to:

  • Navigation
  • Content
  • Footer
Family Secret hero image

Family Secret

Follow

Wedding! Honeymoon! Recipes! Snacks company bringing Flavours Around The World to You.

111%
 - 
12 days left
£100,001 target
£111,312 from 83 investors
More
Less

Business overview

Location Birmingham, United Kingdom
Social media
Website familysecret.co.uk
Sectors Food & Beverage Mixed Digital/Non-Digital Mixed B2B/B2C
Company number 09464530
Incorporation date 15 Mar 2015
More
Less

Investment summary

Type Equity
Valuation (pre-money) £1.6M
Equity offered 6.46%
Share price £0.65
Tax relief

EIS

More
Less

Business highlights

  • Launched Proppadoms with WHSmith into 5 countries across Europe
  • Launched Proppadoms into Booths, Cress Co,Epicurium,Kibsons Dubai
  • Launched Poppadoms&Dips box into Virgin Atlantic, Easyjet
  • Launched Snack box with Transpenine Trains
More
Less

Key features

  • Secondary Market
  • Seedrs nominee min. £10.40 +
  • Direct investment min. £12,000.00 +
To see more log in or Sign up
  • Idea
  • Key Information
  • Team
  • Updates
  • Investors 83
  • Discussion
  • Documents

Idea

Introduction

The Family Secret story began from a honeymoon experience around the world writing down recipes from local hotspots in Thailand, India, Morocco, China, and Bali. Being Inspired by these recipes we launched a range of Ambient cooking sauces using real ingredients, no preservatives and hitting sustainable trends such as gluten free and vegan.

We complimented our sauces with snacks boxes still based on our core ethos ‘Flavours from Around the World’. It was important for us to diversify our product range to help protect our business and increase sales channels.

The cooking sauces gained moderate success in varying retailers and achieved great taste awards; however, it became clear that after extending our range of snacks, this side of the business started to see bigger success.

We are on a mission to become an innovator in healthy snack & beverages within Retail, Aviation, and the travel Sector.

Monetisation strategy

Our journey has led us to a black book of clients, this will allow us to collaborate on a better offering and expand further afield. Our sales come from varying channels such as wholesalers, like Cress Co, DDC, Epicurium, Holly’s Fine Foods. We will look to add other wholesalers in due course to get us UK coverage.
Retailers are core to our sales, having already successfully gaining listings with Booths, WHSmith, Ocado. We are in conversations with other retailers such as Cost Co again allowing further reach to more consumers.
With iVitify being our new product under developement, it will potentially open further sales channels such as, gyms, wellness centres and many more. We will look to have a subscription model for our app and our products via a D2C method. Furthermore Having iVitify products on shelves and in retailers will enable us to market and advertise our app which will be highlighted on the back of packaging.

Open an account to get access to more details about the Family Secret campaign

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Open an account to get access to more details about the Family Secret campaign

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Open an account to get access to the team members of Family Secret

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Open an account to get access to the Family Secret campaign updates

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Open an account to get access to the list of investors in the Family Secret campaign

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Open an account and verify your identity to get access to the Family Secret discussion

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Open an account and verify your identity to get access to the Family Secret pitch deck and other documents

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Share on:

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £1,612,532

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

Pitch type

There are 5 types of investment pitch available on Seedrs.

  • Equity
  • Convertible
  • Fund
  • Cohort
  • Secondary

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Seedrs

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Seedrs campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Seedrs nominee

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Seedrs nominee.

Find out more

Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

Find out more

Direct investment

This is an option to invest and hold shares 'directly' in the company (rather than via the Seedrs Nominee). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

Find out more

Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Warning

You are following a link outside of www.seedrs.com.

None of the information in constitutes part of the campaign and it has not been approved or reviewed by Seedrs.

ContinueCancel