BROTHER CYCLES LIMITED raised £ 76,416 on Seedrs on 23 Jan 2018



BROTHER CYCLES LIMITED is located in Margate.

An exciting young British bike brand – offering a range of handmade steel bicycles.

Following on from this success we decided to run a private fundraising round in 2017 – the objective of this was to raise capital for continued growth throughout 2018 and to also bring on-board a principle investor that could take on a board role for the company.

Company details for BROTHER CYCLES LIMITED

The company was incorporated as a Private limited with Share Capital on 14 Apr 2015 and is registered in the UK at Companies House with Company Number 09542198

The sector the business operates in is described at Companies House as 46900 – Non-specialised wholesale trade with its registered office at GROUND FLOOR, ENTERPRISE SUITE, BROGDALE FARM, FAVERSHAM
ME13 8XZ.

Current status of the company is Active.

How much was raised in the Brother Cycles Seedrs Crowdfunding Campaign

Company funded on 23 Jan 2018 with £76,416 at a pre money valuation of £1,100,198 . The target raise was £74,998 for 6.38% of the equity of the company.

The raise was a Equity raise.

The company operates in the sectors Travel, Leisure & Sport , Non-Digital and Mixed B2B/B2C .

What information do the filings at Companies House provide about the Company

Last accounts made up to 30 April 2019 filed by the company show

  1. Cash £0
  2. Net Worth £165.8k
  3. Total Liabilities £7.6k
  4. Net Assets £165.8k

The records indicate the company has total directors of 3 and 7 shareholders.

Accounts Filing Status

  1. Last Accounts – Last accounts made up to 30 April 2019
  2. Last accounts made up to 30 April 2019

Confirmation Statement Status

  1. Last Confirmation Statement – Last statement dated 29 May 2020
  2. Next statement date 29 May 2021
    due by 12 June 2021


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