Sterling Suffolk EIS
The Sterling Suffolk EIS offer is seeking to raise £7-10 million over 24 months, with no more than £5 million raised within a 12 month period. The minimum investment is £100,000 - however some investors will be eligible for a lower amount, please contact us for details.
The investment is into Sterling Suffolk Limited, a company that plans to construct and operate a hydroponics facility near Ipswich for growing premium quality tomatoes.
The company’s intentions include construction of an 8.32 hectare greenhouse and associated facilities in two phases. It will grow tomato plants in troughs fed with water and bionutrients in a controlled environment – a technique known as ‘high yield hydroponic growing techniques’. The produce is intended for sale primarily to a major premium supermarket via a specialist purchaser, Suncrop Produce Ltd.
Advance assurance has been granted.
Capital is at risk. You should not invest money you cannot afford to lose. Returns are not guaranteed. The value of tax benefits depends on circumstances and tax rules can change.
EIS schemes are currently the subject of a Treasury consultation. This is designed to review the options for ensuring access to long-term investment for young, innovative firms. The proposals are expected to be announced in the Autumn budget. This could have an effect on the investments permitted under EIS, and on the levels of tax reliefs that are available.
Please see the information memorandum for more details, including risks and charges.
This information is not intended to be advice or a personal recommendation to buy the investment mentioned, nor is it a research recommendation. Wealth Club aims to highlight investments we believe have merit, but investors should form their own view on any proposed investment.
- Min. Investment
- see review
- Amount Raising
- £5 million
- 30 Mar 2018