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Our Pets Life

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OurPetsLife is on a mission to revolutionise pet care in a £20bn market.*

159%
 - 
Funded 13 Jan 2025
£125,010 target
£199,448 from 163 investors
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Business overview

Location Nottingham, United Kingdom
Social media
Website www.ourpetslife.co.uk/
Sectors Home & Personal Non-Digital Mixed B2B/B2C
Company number 11239237
Incorporation date 7 Mar 2018
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Investment summary

Type Equity
Valuation (pre-money) £3M
Equity offered 6.22%
UK tax relief

EIS

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Business highlights

  • Generated £4M in Sales since Oct 2018
  • Annualised revenue of £1.3m + (Sept 2023-2024)
  • 320,000+ Direct customer orders
  • Partnered with 22 B2B distributors in 23 countries
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Key features

  • Secondary Market
  • Nominee investment min. £21.01 +
  • Direct investment min. £20,000.00 +

Pitch

About the Campaign

We’re on a mission to revolutionise pet care in a £20bn market.*

With £4m in revenue to date (Oct 2018 - Oct 2024) and backing from experienced investors, we’re accelerating growth to empower an estimated 1 billion pet owners worldwide.**

This is your chance to join OurPetsLife.

Your pets will thank you.

*(Source: Market Research Future. (2024). Pet Supplies Market Research Report—Global Forecast till 2032.)

**(source: Taken from a Mars a survey of 20,000 people across 20 countries. Mars Incorporated. (2024, October 2). Mars unveils the world’s largest pet parent study.)

Market Opportunity

We’re tapping into a global market which is projected to reach £34bn by 2032*, where consumer spending on high-end pet care is booming, driven in part:

1) Rising incomes and demand for premium products
2) Growing awareness of pet nutrition and health
3) Increasing accessibility of luxury consumer goods

*(Source: Market Research Future. (2024). Pet Supplies Market Research Report—Global Forecast till 2032.)

Traction & Key Accomplishments

• Annualised revenue of £1.3m + (Sept 2023-2024)*.

• Average Gross Profit Margin of 40%+ (April 2024 to November 2024)*.

• Strong international presence with 22 B2B distributors in 23 countries, driving global expansion.

•320,000+ Direct customer orders and clear plan to grow OurPetsLife D2C website.

OurPetsLife is rapidly gaining momentum in the premium pet care market.

*(Based on unaudited accounts, past performance is not a reliable guide to future performance.)

Use of Funds

We believe that this investment will help us unlock our companies full potential, reaching more consumers worldwide and driving increased shareholder value.

By increasing our product range and entering new B2B markets globally

OurPetsLife is seizing the opportunity.

Key Information

Outstanding debt:

The company has the following outstanding loans:

1. £8,780.76 Outstanding Receivables Purchase Agreement Shopify Capital to be repaid with 17% of daily Shopify sales until full repayment amount is reached.

2. £31,168.20 Outstanding Merchant Cash Advance from Amazon to be repaid with 25% of daily amazon sales until a full repayment amount is reached.

3. £23,568.75 Outstanding bounce back loan from Barclays at an interest rate of 2.5% per annum. Repaid monthly, there is an option to extend the repayment term to 2030.

The funds raised from this investment round will not be used to repay this loan.

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If you successfully purchase a share lot of this business, you will be granted access.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Our Pets Life has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 18 November 2024 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £3,001,426

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Republic Europe.

Pitch type

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

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Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Republic Europe campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

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Nominee investment

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Nominee investment.

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Custodian

If you invest in this Campaign, Republic Europe will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Republic Europe will not benefit from any rights under a shareholder agreement. As a result, Republic Europe will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

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Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

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Direct investment

If available, this is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Republic Europe. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

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