This site uses cookies. By using this site you agree to receiving cookies. View Policy.

This pitch is currently hidden from the wider Crowdcube community to give selected investors known to the business an early opportunity to invest. As such only users with the URL can view this pitch.
Lucy's Dressings
days left
9
38%
Raised
£47,730
Investors
19
Target
£125,000
Equity
3.45%
Pre-money valuation
£3,500,000

Lucy’s produces award-winning healthier dressings & condiments for modern foodies. Following a rebrand in 2018, Lucy’s is seeking investment to launch a range of plant based and flavoured mayonnaises.

  • Rebrand in 2018 by Big Fish
  • Listed in 280 Waitrose, Whole Foods, Selfridges, Morrisons and on Ocado
  • Aim to launch a new range of plant based & flavoured mayonnaises
  • 11 Great Taste awards won to date

Idea

We’re all told we need to eat more greens, which is all well and good but sometimes it gets a bit boring! Lucy’s creates award winning dressings and condiments that transform fresh ingredients and solves this problem.

Demand for vegan and low sugar products in the market has grown. The Lucy's range can be found in 280 Waitrose stores, Whole Foods, Selfridges, Harrods, independents and on Ocado. Lucy’s works with GBK and other premium restaurant chains and life-style brands in Europe.

Revenue with Waitrose has increased by 81% YTD and in June we launched in Morrison’s. Sales with independents have grown in 2019 by 32%.

1st Oct 2018 - 30th Sept 2019 revenue of £415,514 Net Loss £113,593.

The UK sauces & condiments market is worth £549M. Sales in dressings and mayonnaise in the UK has grown by £18.2M in the last 12 months, which we believe is driven by two factors:

1. Demand for vegan, low sugar options and innovative flavour combinations.

2. The rise in popularity of mayonnaise, which has now surpassed ketchup as being the UK’s most popular condiment.

Investment will be used to launch our new plant based & flavoured mayonnaise's for the following:

- A promotional and marketing campaign

- Building a sales team

We are hoping that 2020 will be a pivotal year and are aiming to launch several projects.

To see the rest of the Lucy's Dressings pitch, join now.
It’s free, quick and easy.

Join

Already registered? Log in

To see the rest of the Lucy's Dressings pitch, join now.
It’s free, quick and easy.

Lucy's Dressings

Join to read more information about the Lucy's Dressings team, documents, and what other investors are saying about the pitch.

If you choose to invest we won’t take your money until the pitch closes and you can cancel your investment at any time.

Crowdcube is a leading investment crowdfunding platform

Successfully Invested
£689m+
Registered Investors
886k+