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Don’t invest unless you’re prepared to lose all the money you invest. NextFin promotes high - risk investments and you are unlikely to be protected if something goes wrong.
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Manufacturing and Retail

Staark

Status: Active

Feb 16th 2021 - Mar 18th 2021

Capital at risk

Staark makes cycling clothing that aims to cater to all body shapes. The company argues that current premium cycling and spin brands are cut to a single shape, optimised for the top 20% of cyclists. Staark intends to change this and bring its products to 80% of cyclists with high disposable income who are not ‘elite’ shaped. It delivers a fit based on specific body shapes using Dimensioning Technology (DT). Staark asserts that its innovative designs target cycling and indoor/spin for both men and women, with future diffusion into the wider Athleisure market, which is set to be worth $517 billion by 2025. The company has indicated that Spring 2021 is when it expects to launch its products. Staark will use the investment to enable the company to run its first productions, fueling the initial product launch.
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Crowdcube Manufacturing and Retail EIS SEIS
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Staark Rating Review

Pitch rating powered by CROWDRATING™

Rated on 03/03/2021

Pitch Rated

71%

overall

Management

69%

Product

67%

Investment

76%

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    £1,249,830
    pre-money valuation

    7.41%
    equity available

    242
    investors

    £665
    pledge per investor

    11609535
    company number

    Active
    company status

    08/10/2018
    incorporated 6 years

    £0.63
    share price

    Previous Funding rounds
    21 Apr 24 Crowdcube £161,035 / 161% 70.67%
    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 69%

Skills 82%
Staark team is relatively small, consisting of 2 Co-Founders, Commercial Director, a Product Developer, and a Designer. Their 1st Co-Founder/CEO is a patent holder who is skilled in user-interface, information design, creative direction, corporate building, and business networking. Their 2nd Co-Founder/COO is proficient in creative direction, stakeholder management, social networking, print production, and packaging design. Their Product Developer is specialised in fashion, sailing, sourcing, and producing. Their Commercial Director has skills to build the brand and increase brand awareness through market research, digital marketing, brand awareness, brand development, and multi-channel marketing. It was noted that there is no dedicated finance head in the team at this stage of fundraising.

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Funding progress

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Stroli Envestors Manufacturing and Retail EIS
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Stroli – the shopping trolley reimagined for modern needs. The shopping trolley, often associated with a particular image, is an untapped category ready for innovation. The market is flooded with generic, budget-friendly options that lack charm, with the exception of Rolser, which is pricier and claims the green niche. Stroli steps in as the go-to brand, offering a unique approach, positioning, voice, and eco-friendly credentials. Say goodbye to sore hands and plastic bags – Stroli makes shopping a pleasure with its high-quality, stylish trolley bags designed to enhance your convenience and style
days to go: Extended investment: Withheld

Log in to view amount pledged

    Log in to view target

    £1,249,830
    pre-money valuation

    7.41%
    equity available

    242
    investors

    £665
    pledge per investor

    11609535
    company number

    Active
    company status

    08/10/2018
    incorporated 6 years

    £0.63
    share price

    Previous Funding rounds
    24 Apr 24 Crowdcube £161,035 / 161% 70.67%
    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

Risk Warning - Summary

Don’t invest unless you’re prepared to lose all the money you invest. NextFin promotes high - risk investments and you are unlikely to be protected if something goes wrong.

Take 2 minutes to learn more.

Investing in equity and debt crowdfunding involves high risks, which may include long-term investment horizons, illiquidity, lack of income, defaulted loans and potential dilution. Any investor needs to be in the position to afford a total loss of capital invested. Investments that are made via Peer to Peer platforms should not be considered deposits like a bank. Your capital is at risk and is not covered by the Financial Service Compensation Scheme (FSCS).

NextFin is targeted at members who have the knowledge and experience to understand these risks and make their own investment decisions. You will NOT invest through NextFin but through the relevant crowdfunding website which also has signed off the content as a Financial Promotion on its own website. NextFin is not the originator of the financial promotions that appear on its site. However we do to the best of our ability carry out limited compliance checks on the originator and the company seeking funding to seek to ensure they are conforming to FCA regulations and anti-money laundering equity/requirements as appropriate. Business Agent Limited, trading as NextFin, takes no responsibility for this information or for any recommendations or opinions made by the companies or its users.

The pitch rating report prepared by CrowdRating and published on NextFin.co.uk does not constitute a personal recommendation, offer or solicitation to buy or sell investments. The pitch rating report should be used as part of your own research to assess whether or not you should make an investment, but only as a single factor and not as a definitive source. If you require advice based on your personal circumstances or are in any doubt about investing, you should obtain advice from an appropriately qualified independent professional. Pitch rating reports are based on publicly available information, including information provided by the investment issuer. CrowdRating assesses that third party information without verifying its accuracy and does not make any representation or warranty as to the accuracy of the information on which it bases its assessments. CrowdRating’s responsibility for their contents is set out in the CrowdRating Terms and Conditions. Business Agent has not prepared or reviewed the contents of the pitch rating reports and is not responsible to you for their contents. Nothing in this Summary shall limit or exclude any liability CrowdRating owes to you under the UK regulatory system. The information and opinions are provided as at the date of the report and are subject to change without notice.

Capital invested in crowdfunding projects is at risk and you may lose some or all of your investment and/or find it difficult to sell. If the investment issuer defaults on its obligations to you, you will not be entitled to compensation from the Financial Services Compensation Scheme. You should only invest in illiquid securities as part of a diversified investment portfolio. Neither CrowdRating nor Business Agent offers personal recommendations on whether investments are suitable for you in light of your investment objectives and financial circumstances.

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