Growthdeck: Intelligent Fabric Technologies

Intelligent Fabric Technologies   |  Technology
Target £500,000
Type Equity
Status Funded

The Opportunity

Intelligent Fabric Technologies Holdings Limited (“iFabrics”) is seeking a minimum of £500,000 equity (maximum £1,000,000) to fund the further commercialisation of its proprietary product – the DreamSkin® polymer – which is a breakthrough in the management of skin conditions, such as eczema and dermatitis.

IFabrics has two business units. DreamSkin® Health is the retail arm of the business and already sells 84 different garments to the NHS as well as direct-to-customers. IFT Limited sells the polymer directly to third-party manufacturers of clothing and nappy brands, where initial sales have also been made.

The Company has applied for HMRC Advance Assurance that the investment will qualify for the tax reliefs available under EIS - including 30% initial income tax relief and tax-free capital gains on exit, so long as the shares are held for at least three years.

Based on the Base Case exit assumptions, the equity investment offers the prospect of a 7.3x money return – increasing to 10.5x after EIS income tax relief is taken into consideration.

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Investment details

Fundraise target£500,000

Total raised£531,000

Equity stake6.25%

Exit Money Multiple7.3

Exit EBITDA Multiple10

Exit IRR62%

Company details

Name:Intelligent Fabric Technologies

Address: 4 Carters Row
Hatfield Park
United Kingdom

Company no: 09941221

Incorporated: 07/01/16

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Important Information

This financial promotion is directed exclusively at and intended to be used only by those persons either categorised as a Certified or Self-certified as Sophisticated Investor or High Net Worth Investor for the purposes of FSMA 2000 or retail investors who are certified as “restricted investors” defined by the FCA as an individual who has not invested more than 10 per cent of their net assets in non-readily realisable securities. Please note that the material on this website is for general information only and should not be regarded as constituting an offer or a solicitation to buy or sell any securities, or investment advice. It is not directed to any person where (by reason of nationality, residence or otherwise) the availability of the website is prohibited. Growthdeck Limited [FRN: 731176] is an Appointed Representative of Nash & Co Capital Limited [FRN: 196124] which is authorised and regulated by the Financial Conduct Authority in the UK.

Please note

We want our investors to be fully aware of the downsides of equity investing as well as the potential benefits. It's therefore important to realise that investing in small companies always carries risks, including the loss of capital, illiquidity (the inability to sell assets quickly or without substantial loss in value), lack of dividends and share dilution. Equity investments should still be made as part of a diversified portfolio. Read our full Risk Warning