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Shavekit

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Shavekit restocks men's bathrooms with razors and other high quality grooming supplies.

107%
 - 
Funded 18 Aug 2017
£750,006 target
£807,693 from 25 investors
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Business overview

Location Wallington, United Kingdom
Social media
Website www.shavekit.com
Sectors Home & Personal Non-Digital B2C
Company number 8720732
Incorporation date 7 Oct 2013
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Investment summary

Type Equity
Valuation (pre-money) £4.1M
Equity offered 16.61%
Tax relief

EIS

  • Idea
  • Team
  • Updates
  • Investors 25
  • Discussion
  • Documents

Idea

Introduction

Now in our 4th year of trading Shavekit.com is a proven concept seeing consistent growth with over 60,000 customers (20,000 active).

We’ve continued our philosophy of lean growth, keeping overheads low and focusing on improving the key drivers of our business performance. This has put us in a great position of burning minimal cash.

We’ve moved out of our central London office to a combined warehouse and office in Surrey, cutting our rent and fulfillment costs, hired a warehouse team, taken on flexible customer service staff.

The company has a loan of £30,000 that it is paying back at c. £2,000 pcm.

This is a pre-emption campaign open only to existing investors. As such, limited information is being provided at this time.

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If you successfully purchase a share lot of this business, you will be granted access.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

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

© Seedrs Limited 2021. 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.

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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.
Valuation rounded from £4,055,191

Pitch type

There are 4 types of investment pitch available on Seedrs.

  • Equity
  • Convertible
  • Fund
  • 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.