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Successfully funded
overfunded
WooHa Brewing Company
125%
Raised
£156,870
Investors
212
Target
£125,000
Equity
5.90%
Pre-money valuation
£2,500,000

WooHa is a Scottish brewing company with big ambitions; having recently moved into a new facility and with sales in the United States increasing, the company is looking for funding to help upgrade its packaging equipment and to further support sales efforts in the US.

  • Stocked in Asda, Aldi and Ocado Wooha export to the EU and USA.
  • Move to 6.2 acre site completed 2017 to accommodate rapid expansion
  • Aims to be selling through 14 distributors in the US by Q4 2018
  • Bold, Scottish branding mainly focused on export markets.

Idea

WooHa Brewing Company is a brewery based in the wilds of the Scottish Highlands. WooHa began trading in 2015 and in only 3 years has already outgrown its first premises & moved into its new 6.2-acre site.

WooHa is all about big ambitions & showing the world that Scotland produces great beer. WooHa has always had a focus on the export market – with the US being its main target. The ethos and branding reflect the company’s proudly Scottish identity – with bright, bold packaging. WooHa isn’t just exporting beer, it’s exporting Scotland.

WooHa’s exports have seen increasing success across the United States and beyond. As of 2017, WooHa could be found in Tennessee, California and Washington DC. We aim to launch the beer launch in Alabama, Texas, Maryland, Florida, Indiana, Pennsylvania and Ohio. The beers can also be found in Europe with distribution in Germany, Switzerland, Spain and most recently Norway. Domestically, WooHa is stocked in supermarkets (including ASDA, Aldi and Ocado), bars (including Wetherspoons and Stonegate) and restaurants across the UK.

The new site has allowed capacity to increase five-fold, however the volume of beer sold is limited by the capacity of the current bottling line. WooHa is looking for funding to help finance new packaging equipment to remove this bottleneck & allow the company to continue to grow its international reach.

The company has loans.

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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.

WooHa Brewing Company 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.