WRAP is a co-working hub for families to work, rest and play. The company argues that COVID-19 has led to the need for a space where work and leisure intersect. WRAP's premises consist of an upstairs section having shared and private offices. The downstairs section consists of a café, nursery and play centre. The company aims to be a carbon-neutral entity by implementing methods like using reusable nappies in the nursery to channelling 100% renewable energy system throughout the building soon. The company has gained support from cornerstone investors such as Penny Jones, Dave Stewart, and Ian Wood, who have experience in overseeing property and co-working facilities. WRAP will use 94% of the investment for refurbishing its building premises, 2.3% in marketing, 1% to setup digital tools such as Customer Relationship Management (CRM), 2% for legal assistance, and the remaining for getting regulatory approvals from Ofsted UK.
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WRAP Rating Review
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Rated on 30/12/2020
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£1,950,589
pre-money valuation
13.33%
equity available
166
investors
£1,934
pledge per investor
12007546
company number
Active
company status
21/05/2019
incorporated 5 years
Previous Funding rounds
26 Mar 24 | Seedrs | £321,064 / 107% | 74.67% |
Officers
Mark Edward William MASON
Appointed: 11-01-2023
Mark Edward William MASON
Appointed: 26-03-2020
Mark MASON
Appointed: 26-09-2014
Mark Edward William MASON
Appointed: 15-10-2012
Mark MASON
Appointed: 03-04-2012
News
WRAP calls for supermarkets to sell more loose fruit and veg - Circular Online
21/03/2024 Circular Online
Council appoints consortium to deliver WRAP Programme to support those experiencing food poverty – Fermanagh ... - Fermanagh and Omagh District Council
08/01/2024 Fermanagh and Omagh District Council
WRAP supports sale of loose fruit to cut waste - Materials Recycling World
21/03/2024 Materials Recycling World
WRAP: what challenges does EPR pose for fashion retail? - Drapers
13/03/2024 Drapers
WRAP seeks 'urgent action' as household food waste levels per person rise 13.5% - letsrecycle.com
27/11/2023 letsrecycle.com
WRAP on food waste: Loose produce in the Plastic Age - Circular Online
04/03/2024 Circular Online
WRAP's Plastics Pact targets 'will not happen' by 2025 despite progress - letsrecycle.com
13/11/2023 letsrecycle.com
What the ratings mean
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