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Overfunding
Capital at risk
overfunding
Black Bee Honey
days left
16
142%
Raised
£142,090
Investors
342
Target
£100,000
Equity
15.31%
Pre-money valuation
£786,040

Black Bee Honey offer award winning, single-origin, unpasteurised British Honeys - supporting British bees and their keepers. Since launch the company has seen a healthy increase in honey sold and can be found in over 150 stockists including Ocado, Wholefoods Market, Planet Organic and Sourced Market.

  • Launched in Ocado Feb 2019
  • In talks with 2 of the big 5 supermarkets
  • 3 Great Taste Awards 2018
  • Set to double honey sold in Year 2

Idea

Black Bee Honey offer a range of award winning, single-origin, raw British Honeys. Working with like minded bee farmers, we offer award-winning honey from around the UK. Supporting not only British bees but also their keepers.

In our opinion, high street honey is either cheap, blended imports or expensive varieties of Manuka honey with very little in between. We’re a nation of bee lovers and beekeepers yet most honey sold has been imported. We offer great tasting, unprocessed British honey in contemporary eye-catching packaging to consumers who care about quality and want to know where their food comes from.

Market

Total target market volume is around £119.5m with YoY growth 8.9%

Key Milestones

We launched in August 2017 after successfully raising over £100,000 on Crowdcube.

Aug 17 - Launched first 2 SKUS

Sep 17 - Wholefoods Market listing

Nov 17 - Online shop live

Jan 18 - Launched a 3rd SKU

Feb 18 - Appointed a PR team

Apr 18 - Launched 4th SKU

Aug 18 - Received Great Taste Awards for all 3 varieties

Dec 18 - Launched 5th SKU & listing with Planet Organic

Feb 19 - On sale in Ocado & Approached by Morrisons

Further indicators of growth

- On course to double honey sold in year 2

- Instagram ~4k, Twitter ~1k

- Featured in The Guardian, Stylist, Evening Standard and Metro.

- Regularly in top 10 best selling honeys in Amazon.co.uk

- Sales 84k and EBITDA -16k in the last 12 months to April '19

THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE BY THE COMPANY RAISING FINANCE AS IDENTIFIED ABOVE (THE "COMPANY") IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY AND SUBJECT TO THESE TERMS AND CONDITIONS.  CROWDCUBE CAPITAL LTD IS AUTHORISED BY THE FCA AND CARRIES OUT DUE DILIGENCE ON EACH COMPANY THAT LISTS ON CROWDCUBE AS SET OUT HERE.
 
This investment opportunity is not an offer to the public and is only available to registered members of Crowdcube.com who have qualified and categorised themselves as able to invest.  The investment opportunity is not directed at persons located in the United States, Canada or Japan. Any person resident outside the United Kingdom who wishes to view these materials must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict access.
In particular, unless otherwise determined by the Company and permitted by applicable law and regulation, it is not intended, subject to certain exceptions, that any offering of the securities mentioned in such materials (the "Securities") by the Company would be made, or any documentation be sent in or into, the United States, Canada or Japan.  There will be no public offering of the Securities in the United States.
 
In order to access the pitch you must first become a qualifying member of Crowdcube on the basis of your status as either (i) self-certified ‘high net worth investor’, (ii) certified ‘sophisticated investor’, (iii) self-certified as a ‘sophisticated investor’ or (iv) certified as a ‘restricted investor’, in each case in accordance with the FCA’s Conduct of Business Sourcebook Chapter 4.7.  Potential investors are encouraged to "cross examine" the Company by interactive due diligence and use of the available online forums to bring the "wisdom of the crowd" to bear.  Accessing the pitch also means you agree to Crowdcube’s most recent website terms and conditions and investor terms and conditions, which include Crowdcube's limitation of liability.
 
If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.  Crowdcube’s or the Issuer’s press announcements and this information page do not constitute an offer to sell securities of the Company.  Further, it does not constitute a recommendation by the Company, Crowdcube or any other party to sell or buy securities in the Company.
 
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Black Bee Honey

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