Progressive Off-site

Progressive Off-site

location_on South East United Kingdom

The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

Short Summary

We build timber panels used in the construction of affordable homes and schools. Our labour force is mainly composed of prisoners released on temporary licence, which creates Social Value (SV), enhancing the odds of framework and planning award.

Highlights

  • We aim for 10.0x+ EIS investor returns. 45.0x achieved in prior business.
  • Timber frame is growing 10% in England and is better, faster and cheaper.
  • Social Value drives favourable planning, the no.1 issue in building.
  • Low cash burn (35kpm) low break-even point (£1.0m revs). Roll out model.
  • Lock carbon up and release rehabilitated people. It's the right thing to do

Overview

Target £500,000
Minimum £2,500
Investment Raised £50,000
Previous Rounds £350,000
Stage Achieving Sales
Investor Role Any

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This promotion is exempt from the general restriction in section 21 of the Financial Services and Markets Act 2000 on the communication of invitations or inducements to engage in investment activity on the grounds it is made exclusively to ‘investment professionals’ within the meaning of Article 19 of the Financial Services and Markets Act (Financial Promotion) Order 2005 (FinProm); persons believed on reasonable grounds to be ‘certified high net worth individuals’ within the meaning of Article 48 FinProm; persons who are ‘certified sophisticated investors’ within the meaning of Article 50 FinProm; and persons who are ‘self-certified sophisticated investors’ within the meaning of Article 50A FinProm.

If you are in any doubt about the investment to which this email relates, you are strongly recommended to consult an appropriately authorised financial adviser qualified to give advice in relation to investment. This investment opportunity will not necessarily be suitable for all recipients of this email. Applications to subscribe for shares will only be accepted at the company's discretion from persons eligible to invest.