Growthdeck: WebTicketManager

WebTicketManager   |  Leisure
Target £557,000
Type Equity
Status Open

The Opportunity

WebTicketManager Limited (“WTM”) has developed a white label software platform that provides its customers, independent attractions and events organisers, with a unique and comprehensive ticketing solution. Current customers include The Cavern Club, The Beatles Story museum and stadium tours at Twickenham and Chelsea FC, together with more than 250 other users. Ease of implementation and a flexible charging structure makes the solution ideal for its target market. WTM is seeking £557,000 of development capital to increase market penetration of its now proven offering.

Management are targeting an exit valuation of £13.8m in 2021. This is dependent on their meeting combined earnings projections and assumed exit multiples. If this exit is achieved it could deliver investors a 5.7 money return - increasing to 8.2 for those who qualify for EIS income tax relief.

This equity instrument is expected to be EIS-qualifying, giving qualifying investors 30% initial income tax relief and potentially tax-free gains on an exit. It is available in units of £1,000. Tax reliefs are not guaranteed. They depend on the venture maintaining its qualifying status and may be withdrawn at any time by HM Revenue & Customs. In addition, the tax treatment of EIS and SEIS schemes depends on the individual circumstances of each investor and may be subject to change in the future.

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Investment details

Fundraise target£557,000

Fundraise maximum£557,000

Minimum investment£1,000

Equity stake21% (max 21%)

Exit Money MultipleLog in to view

Exit EBITDA MultipleLog in to view

Exit IRRLog in to view

Company details

Name:WebTicketManager Limited

Address: Wincham Business Park
Wincham Avenue

Company no: 08057750

Incorporated: 04/05/12

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Please note

We want our investors to be fully aware of the downsides of investing as well as the potential benefits. It's therefore important to realise that investing 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. Alternative investments should still be made as part of a diversified portfolio. Read our full Risk Warning