Funding the development of the kettle to date has been undertaken by the three founding Directors, but we are now seeking additional capital to ensure the successful launch of the product.
This additional capital will be raised by share issue. The company has a thorough business prospectus with a comprehensive roadmap for the kettle, for further products and for the development of the company.
If you are potentially interested in being part of our journey to establish a British manufacturer of small domestic appliances please direct send any investment-related queries to info@bdac.uk and we’d be happy to send you our business prospectus or click here https://www.bdac.uk/prospectus/.
Product Roadmap
We have a number of plans for the development of additional small domestic appliances as well as further development of the kettle. In our first three years we will:
- Add a temperature control version of the kettle.
- Add a version with a window showing the water level.
- Produce batches of any size for customers who want their own particular design on the kettle.
- Develop a mid-market matching toaster.
- Develop a pod coffee machine.
Company Roadmap
We firmly believe that the UK is not unique in having domestic consumers who would prefer to buy from a local manufacturer if possible. As such it is our intention to replicate our business model in a number of other countries with a large enough domestic market, no competitive domestic suppliers and enough domestic consumers who want to buy local if possible.
The only diseconomies of scale of doing this are replicating the tooling, but as this is less than £2 per unit of the costs it is more than offset by reduced shipping costs and the demand for locally produced products.
Our initial research suggests that it would be possible to replicate our business model in:
- Australia
- Canada
- United States
Team
Malcolm Featherstone
Malcolm has had an eclectic career taking in Brewing, Oil & Gas, the NHS, Software and IT Services often involving turning around poorly performing organisations, either as Director of Finance or as Chief Executive. Most recently Malcolm founded, grew and then sold a niche social care company.
Malcolm has first and masters degrees in Economics and is both a qualified accountant and a barrister.
Tim Fletcher
Tim has had a 40 year career in the Financial Services industry based in the City. He started as a graduate trainee at Gill & Duffus, a leading commodities trading house before moving to Citibank N.A. in 1984. There he gained experience in the capital markets arena as a trader in government bond and interest rate derivatives as well as foreign exchange. He was head hunted to join Chemical Bank ( now J P Morgan) and became a Vice President in 1990. He spent 8 years at the Canadian Imperial Bank of Commerce before taking time out to spend with his young family when he also trained as a commercial mediator whilst undertaking a post graduate law qualification at the University of Law. He returned to City life in 2004 to help establish a macro hedge fund and was involved in other start ups including Vestrawealth in 2008, a boutique wealth management business and was instrumental in establishing the Jersey subsidiary where he served as a board member. In 2010 he joined the Royal Bank of Canada where he has held a number of senior positions. He currently heads a Group Risk Management function for its European Wealth Management operations. He serves as a full board member of the RBC Jersey Bank, the RBC Jersey Trust Co. and the UK Investment Management entity.
Tim has a degree in Business and German.
Stephanie Rider
Stephanie has worked in Software and IT services for 40 years in a global capacity and across public sector and private sectors. Stephanie has focused on Project Management, Quality Assurance, Sales and Customer Services.
Stephanie has a degree in French and Italian.
