Press London successfully raised £1,000,000

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Successfully funded

Capital at risk

overfunded

Press London

111%

Raised: £1,114,540

Investors: 328

Target: £1,000,000

Equity: 11.02%

Pre-money valuation: £9,000,000

PRESS was founded in 2014 by two British, US-based entrepreneurs inspired to bring the health and wellness movements back to the UK. Today PRESS serves over 60,000 customers a month through their stores, website and 250+ retail partners.

170% growth to £2.14m turnover last financial year
250+ Stockists across the UK
3 Central London Stores
Over £500,000 of products delivered online

Idea

PRESS is a health food and nutrition business specialising in Cold-Pressed juices, snacks, smoothies, soups and supplements.

Our products bring healthy, delicious recipes to the hands of those customers looking to make positive decisions when it comes to what, when and how they eat and drink

We are excited to be a part of the £2.3 bn juice market in the UK, and the premium sector of the market is growing at 11% year on year and PRESS now has a product range extending to the premium health snack, soup and supplements market.

We started when the co-founders Georgie Reames and Ed Foy were living and working in the US and saw the huge growth and excitement around the juicing market and the healthy consumption habits of the consumers.

We developed recipes and brought two small cold-pressing machines from the US and opened our first store in a bathtub in Old Street tube station.

Since then we have opened 3 stores in London, built a direct to consumer online subscription service and are now sold in over 250 partner stockists across the UK.

We are now expanding into Europe, with sales contractors in France and Spain.

An exciting development is adding the media arm to the company and we launched The Squeeze, our online magazine last year. Partnering with over 50 industry ambassadors and influencers bringing news, articles and video content to out growing audience.

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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.

Press 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.

Idea

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