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Ring Powercraft – Designer and Manufacturer of Sports Boats and RHIBs. British heritage and high performance DNA are leveraged to generate sales in the Leisure, Adventure, Commercial and Military marine sectors. Supported by an experienced management team and robust infrastructure.

  • An EIS investment with an established British Performance brand
  • Diverse product range mitigates risk to a single sector
  • Robust, lean, certified and scalable infrastructure
  • Blended marketing strategy by Project, Product, Sector and Geography
Information This Crowdfunding campaign is the final part of a wider round of a £900k raise, with £150k of this tranche already reflected on the progress bar for transparency.

Idea

In 2018 Ring Powercraft celebrated their 50th Anniversary. Ring’s brand reputation, track record and diverse product offering, supported by a robust infrastructure and an internal design and naval architecture team, is leveraged to generate sales across the leisure, commercial, adventure and defence sectors.

In 2019 Cetus Holdings Limited bought all Ring IP with a detailed strategy for product development and distribution. Leisure and light commercial activities are being developed through new product, brand strength and the creation of a dealer network. Capability has been created to be active in the military/ paramilitary sectors both through direct sales and under major defence prime contractors in tender processes.

Smart partnering with established companies is core to our strategy. Successes include military product collaborations with numerous companies (see our site) and the announcement in January 2020 of our partnership with Arksen to create a new range of Adventure Vessels.

Military activity is almost entirely tender driven and Ring has passed stringent due diligence processes of major defence primes. Ring is now actively participating in tenders for various MoD, Police Force and UN end users.

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Risk warning

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Ring Powercraft 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.