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98%
Raised
£395,760
Investors
674
Target
£400,000
Equity
9.09%
Pre-money valuation
£4,000,000

Growing from a single archway brewery in Bethnal Green, Redchurch Brewery has expanded to 2 arches, and acquired a 30 barrel brew house in Harlow. Since previously raising on Crowdcube, Redchurch has undertaken a rebranding exercise which has helped secure listings in M&S and Waitrose.

  • Brewers include ex-head brewer of Beavertown Brewery
  • New 30 barrel brewery built since previous Crowdcube raise
  • Rebranding exercise led to listings in Waitrose and M&S
  • Recent hires include former founding sales team member of Camden Town

Idea

Now in our sixth year of brewing, we have grown from humble origins in a railway arch in Bethnal Green to become a renowned craft brewery selling beer nationally into Marks and Spencer, Waitrose, a range of bars, restaurants, and retail customers as well as exporting our beers around the world

In January 2016 we completed a Crowdcube round raising £500k, well above our initial target of £200k. We undertook a big expansion project by acquiring 13,500 sq ft of industrial premises in Harlow, Essex to house a new 30 barrel brew house, a fully automated bottling and labelling line and keg filling line and undertaking a re-branding exercise.

We are now returning to Crowdcube to raise further investment to enable us to accelerate our ambitious plans and satisfy demand that we’ve seen grow beyond our expectations.

With the investment we raise during this round we intend to:

Add further fermentation vessels to increase our production capacity to more than 1.3 million litres annually which equates to around 2.3 million pints of beer.

Invest in our packaging line to improve speed and efficiency.

Invest in our staff by employing more brewers, delivery drivers, and expand our currently stretched sales and logistics team.

Transform our warehouse space by adding a racking system thereby maximising the available space.

Add to our fleet of delivery vehicles.

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Redchurch Brewery 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.