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204%
Raised
£714,800
Investors
302
Target
£350,000
Equity
11.69%
Pre-money valuation
£5,400,000

MBJ LONDON provides subscription based websites to SMEs. Since launching their WaaS - Website as a Service Model, over 50 companies have signed up. There are 5.4 million SMEs in the UK alone, many of whom need an easy and affordable solution to help their business keep up with new technology.

  • MBJ was featured on iTV, BBC radio and in The Sunday Times
  • Of the 50 clients signed up, many have opted for the two year contract
  • The service is priced affordably for SMEs
  • MBJ estimates to have 800 clients by the end of 2017

Idea

MBJ LONDON has identified and begun capitalising upon, a huge market opportunity through an innovative and cost-effective digital solution for small and medium-sized enterprises (SME).

It provides a high-quality online presence via a subscription-based model. Many SMEs have been left behind in the tech revolution, leaving them desperate for an easy and affordable solution to help their business keep up with the market. This has led us to devise an approach that offers a high-quality, hassle-free solution called WaaS - Website as a Service.

With no upfront cost, we brand, design, develop and maintain the website on an affordable monthly subscription.The website is hosted by MBJ through a secure cloud infrastructure. Additionally, MBJ takes care of the maintenance, security, updates and changes to the site, enabling the client to focus on their core business.

In the three months since launching the WaaS model, over 50 companies have signed up, many for a minimum two-year contract. A larger number than anticipated have also opted for the profitable Search Engine Optimisation add-on package. MBJ has gained media attention, including features on iTV, The Sunday Times, the German broadcasting network ARD, a live interview on LBS and BBC Radio, as well as a feature in the Federation of Small Businesses magazine.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

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.

MBJ LONDON 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.