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Successfully funded
overfunded
THE HEBRIDEAN FARM SHOP LIMITED
276%
Raised
£165,890
Investors
299
Target
£200,000
Equity
-486.34%
Pre-money valuation
£1,732,410

Since successfully funding in 2016, The Hebridean Food Co can now be found in four major Supermarkets, Sainsbury’s, Morrisons, Aldi & Lidl. The Hebridean Food Company is now taking the next steps to scale production and launch into the ready meal market.

  • New contracts worth over £1 million per annum launching September
  • • Currently stocked in; Sainsbury’s, Morrisons, Aldi & Lidl
  • • Fresh soup market forecasted to grow 28% in the next 5 years
  • • Chilled ready meal market grew value by £2.1bn in 2018
Information Owing to international investors participating in the round, there is an additional £10,000 of SEIS eligible shares available. The Hebridean Food Co has thus been reopened for investment and will close at midnight on Sunday the 21st of August. The Hebridean Food Co. has received a letter of SEIS advanced assurance from HMRC. Originally the pitch has been promoted as EIS tax relief (pending) but this has now been updated to SEIS (granted). Please visit the document section of the campaign for a copy of the advanced assurance.

Idea

Fresh soups are consistently growing in popularity but we feel that the supermarket offerings of low meat content, homogenous texture, characterless content, lack of origin and overly processed products are not good enough.

Our solution is The Hebridean Food Company.

Our simple aim is to bring to life our food through the passion for our home, the people, the history. From our small-scale fishermen to our hardy crofters, soul is in the very bones of what we do. As a lobster fisherman's son Douglas knows the very fabric of what makes Hebridean food so special. Slowly grown food, bursting with character and community at its very heart. We have created our products so that they are never over processed, using plenty of meat and packed with hearty vegetables. Working with a world class chef we have created a fantastic range of meat and seafood soups.

The idea is gaining traction. Having only launched our soup range 7 months ago our Mussel chowder soup is listed on Aldi supermarket in Jan 2016. With an additional two products to be listed in September showing Aldi's confidence in the concept. In addition Wholefoods has committed to working with us and we have also secured a contract to supply Southbank Fresh Fish who distributes to among others Selfridges and Co. We have the capacity in our premises to produce 900,000 tubs of 400g soups (£1.62m turnover) and with this investment we will expand our production capacity to produce £3m worth of products annually.

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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.

THE HEBRIDEAN FARM SHOP LIMITED 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.