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.
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.