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Cabrito is a meat company on a mission to see all of the UK's billy goats become delicious food, instead of euthanised at birth. With its optimised supply chain & increasing sales, the multi award winning company is raising funds to meet demand and take advantage of a slice of the goat meat market.

  • 319% increase in online sales 2020 & 46% increase 2021
  • Cabrito aims to follow venison's path to the supermarket shelves 
  • Investors inc. Delamere, a global player in the goat milk industry
  • Already supplying national restaurant brand & supermarket supplier
Information £70,000 of funds on the progress bar represent funds raised by the Company prior to launching the campaign. The Company has already received these funds and the Company has indicated up to £45,000 may be spent whilst the pitch is live. Completion of the Crowdcube raise will occur on the same material terms and share price

Idea

Kid goats are a waste product of the UK dairy industry with thousands being euthanised every year.

We believe it's unacceptable that healthy animals are euthanised at birth instead of going into the food system and we are working with the companies in the UK dairy industry to help change it. We have the animals reared for meat and then sell them to restaurants and the public via our online shop. Turning a waste product into an asset for the farmers & into delicious food.

In 2019/20, pre-covid, we recorded £314k revenue (YE Mar 21 Rev £302k with loss of £30k). In Mar'20 in response to the closure of restaurants we pivoted to retail and saw a 319% increase in our online sales to £84k (Jan-Dec). That growth continued into 2021 with a 46% increase in YOY sales to £123k (Jan-Dec).

This year we began supplying a national restaurant chain via a large wholesaler.

Cabrito has won multiple awards including Observer Food Monthly Best Producer in 2014 & Good Housekeeping Best Meat Producer in 2016 and has featured in The Sunday Times, The Guardian, The Sunday Telegraph & on the BBC, with goat twice being the main course on the Great British Menu.

With this investment we plan to move into a purpose-built butchery unit with a packing & distribution area with aims of improving customer service, expanding operations and better serving the retail & wholesale markets.

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Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

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Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Cabrito Goat Meat has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.