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MyCarNeedsA.com

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MyCarNeedsA.com provides car owners with a service to get quotes from pre-approved local garages.

EIS

Location
Portadown, United Kingdom
www.mycarneedsa.com

Categories: Automotive & Transport Digital Mixed B2B/B2C

Investment
sought:
£900,000
Equity
offered:
25.45%
111%
Investment
already funded:
£1,003,240
for 27.57% equity
Valuation
(pre-money):
£2,636,000
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  • Overview
  • Idea
  • Team
  • Updates
  • Investors 389
  • Discussion
  • Documents

Team

  • Scott hamilton
    Scott Hamilton
    CEO
  • Murray chick  2
    Murray Chick
    Chairman
  • Sean curran
    Sean Curran
    Finance Director
  • Leigh 1
    Leigh Herbert
    Media Strategist
  • Jeremy biggerstaff
    Jeremy Biggerstaff
    IT & Digital Marketing
  • Joanne uprichard
    Joanne Uprichard
    Group Marketing & CR Manager

Idea

Intro image

Introduction

MyCarNeedsA.com is an online comparison site for routine car services, maintenance, and MoTs, giving car owners an easy and convenient way to compare quotes from pre-approved (checked for quality) local garages in terms of price, services offered and customer ratings.

With a management estimate of 100m services, MOT and maintenance jobs in the UK every year, the site helps save time, money and hassle through a simple process…. .
· A car owner posts a job on the site for free.
· Pre-approved garages quote for the work.
· The car owner chooses their preferred quote

We have nationwide coverage which comprises of a mix of independent service providers, franchises and chains, including many well-known names in the market.

The service is free to car owners.
MyCarNeedsA.com revenue comes from garages and service providers, paying monthly fees to be on our network plus commission in order to get new business in their local area they would otherwise be unable to attract.

Intended impact

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Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.

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.

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Seedrs small logo

Seedrs Limited is authorised and regulated by the Financial Conduct Authority (No. 550317).

© Seedrs Limited 2019. All rights reserved. Seedrs is a registered European Community trademark (No. 008771537) and registered United States service mark (No. 85423072) of Seedrs Limited, a limited company registered in England and Wales (No. 06848016), with registered office at Churchill House, 142-146 Old Street, London EC1V 9BW, United Kingdom, VAT No. GB 208 3065 32. Seedrs.com is a website owned and operated by Seedrs Limited.

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.
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.