#VALUE! a Food & Beverage business raised £ 276,800 via a Equity raise funded on 26 Jun 2019

Seedrs

Who are #VALUE!

EBAR INITIATIVES LTD is located in Aberdeen.

Pouring perfect pints in seconds. Self-serve beer. Get out of the queue and back to the event!

We love going to music and sporting events but hate bar queues.

Company details for #VALUE!

The company was incorporated as a Private limited with Share Capital on 25 Aug 2016 and is registered in the UK at Companies House with Company Number SC543722

The sector the business operates in is described at Companies House as 28930 – Manufacture of machinery for food, beverage and tobacco processing with its registered office at UNION PLAZA (6TH FLOOR), 1 UNION WYND
ABERDEEN
AB10 1DQ.

Current status of the company is Active.

How much was raised in the EBar® Seedrs Crowdfunding Campaign

Company funded on 26 Jun 2019 with £276,800 at a pre money valuation of £2,021,358 . The target raise was £175,001 for 7.97% of the equity of the company.

The raise was a Equity raise.

The company operates in the sectors Food & Beverage , Non-Digital and Mixed B2B/B2C .

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

Last accounts made up to 31 August 2019 filed by the company show

  1. Cash £217.7k
  2. Net Worth £241.1k
  3. Total Liabilities £21.1k
  4. Net Assets £262.2k

The records indicate the company has total directors of 3 and 40 shareholders.

Accounts Filing Status

  1. Last Accounts – Last accounts made up to 31 August 2019
  2. Last accounts made up to 31 August 2019

Confirmation Statement Status

  1. Last Confirmation Statement – Last statement dated 24 August 2019
  2. Next statement date 24 August 2020
    due by 5 October 2020

Filings Recently Made By EBAR INITIATIVES LTD

26 May 2020 – Total exemption full accounts made up to 31 August 2019

24 Sep 2019 – Sub-division of shares on 23 August 2019

24 Sep 2019 – Resolutions
That 20,964 ordinary shares of £1.00 each be subdivided into 2,096,400 shares of £0.01 each 23/08/2019
Resolution of allotment of securities
Resolution of adoption of Articles of Association

10 Sep 2019 – Statement of capital following an allotment of shares on 29 August 2019
GBP 24,125.66

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