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Engineering and Construction

Advanced Blast & Ballistic Systems Ltd.

Status: Active

Jul 17th 2020 - Aug 25th 2020

Advanced Blast & Ballistic Systems (ABBS) is a company that has developed globally patented systems to counteract the forces an armoured vehicle sustains when a mine or Improvised Explosive Device (IED) explodes under it. As per reports, mines and IEDs accounted for over 80% of UK and US army casualties in Iraq & Afghanistan. ABBS believes that its products can keep occupants inside a vehicle completely safe from the aforementioned explosive devices. The armoured vehicle protection market has a value of about $20 billion wherein ABBS aims to be a major contender. The company has received £2 million-plus revenues till date from Research and Development (R&D) grants in the UK, as well as, sold its products to the US Army and Israel with profits worth £145,000 in 2018 and £560,000 in 2019 respectively. It will use the investment to bring its products to more markets globally.

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Advanced Blast & Ballistic Systems Ltd. Rating Review

Pitch rating powered by CROWDRATING

Rated on 04/06/2021

Pitch Rated

78%

overall

Management

87%

Product

74%

Investment

73%

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    £10,524,230
    pre-money valuation

    0.99%
    equity available

    1,252
    investors

    £356
    pledge per investor

    07025669
    company number

    Active
    company status

    22/09/2009
    incorporated 15 years

    £6.61
    share price

    Previous Funding rounds
    27 Mar 24 Crowdcube £445,814 / 446% 78.00%
    News

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 87%

Skills 91%
The management team includes skilled professionals with expertise in developing world-leading active systems for protecting armoured vehicles from mine and IED blasts. As per the profiles listed publicly and on LinkedIn, the Founder/CEO is an inventor and serial entrepreneur specialising in advanced composite materials, aerospace, and linear motors. He introduced carbon fibre into F1 motor racing in 1975, identified the active mine protection concept in 2008 and the eVTOL safety system in 2013. The Technical Manager is a Chartered Engineer and Scientist who is an expert in Safe/Arm and sensor/control and initiation systems. He oversees all technical development behind the ABBS technologies. The Director/Chairman has an international business background, and he leads and supports negotiations and commercial arrangements. One of the Director/Chartered Engineer mainly focuses on the business development of new intellectual property - taking inventions through to commercialisation. He has a technical background in materials science and metallurgy combined with considerable strategic market research, sales management, and analysis skills. The Finance Director is a Chartered Accountant by profession, who specialises in forensic accounting, advises companies, and prepares forecasts.

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Funding progress

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Log in to view amount pledged

    Log in to view target

    £10,524,230
    pre-money valuation

    0.99%
    equity available

    1,252
    investors

    £356
    pledge per investor

    07025669
    company number

    Active
    company status

    22/09/2009
    incorporated 15 years

    £6.61
    share price

    Previous Funding rounds
    27 Mar 24 Crowdcube £445,814 / 446% 78.00%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph