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English Leather Bag Maker
We have developed a hugely scalable concept in the design and manufacturing of virtually any type of bag or accessory. Our concept is simple - we offer corporates, retailers and individuals a design and manufacturing service and the ability to bring a bag/accessory/textile product to the market, using us as their ‘manufacturing arm’, whereby we produce and manage a client’s product from concept, design, sample through to production.

There are many corporates and individuals that have a great idea for a bag or accessory and wish to bring it to the market, as well as many whom simply require a solution to a problem. The reality of the situation is that for a layman, it is a daunting task to take a concept to a finished product. The challenges of finding a design company, then a factory to make a sample and a factory to make the finished product - and throughout the whole process monitor the quality and timing of the finished products. It is truly a time-consuming task and could prove costly, when mistakes are made along the way, which invariably happens.

To achieve its objectives Abreption UK Ltd (named after the purchase of Abreption Ltd assets and goodwill) purchased Abreption - a 21-year-old luxury leather bag manufacturer based in the heart of England in Lincolnshire. Abreption is a British company that has been making high quality leather bags and luggage for the past 20 years, one of only a few left in this country carrying on the tradition of handmade leather goods. Abreption has been making top quality luggage and other leather goods (such as Gun Slips and Cartridge bags) for other companies such as Hackett and Pickett.

The assets and goodwill of ‘Abreption’ was purchased by Abreption UK Ltd. We have spent the last 12 month consolidating the existing business, investing in a new premises and Abreption’s own product range.

We are seeking £200,000 investment for 30% of the business, to be used for working capital, sales, marketing, and new equipment .

Abreption UK Ltd currently has a profitable turnover in the region of £150,000 per annum, and this is set to grow considerably over the forthcoming years with a new product range and investment.

Projections for the next 3 years are as follows: (this includes the existing business and overheads)

2018 – T/O £287,000 NP £31,000

2019 – T/O £621,000 NP £220,000

2020 – T/O £887,000 NP £395,000
Total Funding Required: £200,000.00
Min. per Investor: £50,000.00
Industry: Manufacturing - Consumer Products
Sec. Industry: Manufacturing - Ind./Commercial Products
Region: East Midlands
Proposal ID: 18172
Investment Reason: Expansion Capital
Proposal Status:
 
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