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Cornware Cutlery
Cornware the manufacturer of corn-based, eco-friendly, sustainable packaging returns to PrimeStox.
Adam Petyt & Rohit Belani, Co-Founders
Cornware Cutlery
Cornware Cutlery

Offer Details

NOW

Already funded!

Earn

5.6%

In 5 months

EquivAlent to

14%
per year

    Cornware UK launched 3 years ago with a mission to sell high-quality, customizable, biodegradable tableware with a low-carbon footprint. Today they are selling in a range of high-profile outlets.

    Cornware's first offer on PrimeStox repaid successfully in 2018. Today Cornware has a large new order for their cutlery which they are raising funds to fulfil.

    The company is raising £39,000 to produce 3,120 boxes of cutlery. In return for your support they are offering to repay in just 5 months plus 5.6% profit or 6.1% PRIME. That's an annual equivalent rate of up to 15.3%.

    Cornware UK launched 3 years ago with a mission to sell high-quality, customizable, biodegradable tableware with a low-carbon footprint. Today they are selling in a range of high-profile outlets.

    Cornware's first offer on PrimeStox repaid successfully in 2018. Today Cornware has a large new order for their cutlery which they are raising funds to fulfil.

    The company is raising £39,000 to produce 3,120 boxes of cutlery. In return for your support they are offering to repay in just 5 months plus 5.6% profit or 6.1% PRIME. That's an annual equivalent rate of up to 15.3%.

    UPDATE

    Cornware Cutlery successfully raised £39,000 to fund the production of 3,120 boxes 31 days ago. Check back soon for more offers.

    129 / 161
    days left

    days to payment 129 days

    Status Production on track

    Completion by 28 July

Cornware Cutlery

Offer Details

NOW

Already funded!

Earn

5.6%

In 5 months

EquivAlent to

14%
per year

    The Producer

    Cornware UK was founded by business partners Adam Petyt and Rohit Belani in 2015.

    They were inspired by the example of Singapore.

    Adam lived as an expat in Singapore in 2014 managing an events and hospitality business. Rohit is Singaporean and founded an education and training business there.

    Together they saw how advanced the sustainability movement was and realised it would spread to other countries.

    So was founded Cornware UK Ltd, dedicated to bringing corn starch-based, plastic-alternative packaging to UK tables, kitchens and eateries.

    • what's being funded?

      Colourful biodegradable cutlery

      3,120 boxes funded by 89 backers

      EARN OVER 5.6%
      FUNDED£39,000
      • Base element is corn starch
      • 100% biodegradable
      • Low cost
      • Can withstand temperatures of -20 to 120 degrees celsius
      • Sold in boxes of 1,000 each
    • The Proposal

      Cornware's first offer in 2018 was successful. This year the war on plastic is continuing to gain momentum.

      Cornware UK Ltd has been at the forefront of the boom. In the last 12 months turnover grew by 75%. The company is targeting sales of over £1.2m in the next 12 months.

      Cornware's proposal is to raise funds to fulfil a purchase order for 3,120 boxes of cutlery.

      The buyer is a prominent High Street lunchtime food chain with 61 outlets nationwide.

      The order is secured under contract. Cornware also signed a Supply Agreement with this buyer in January 2019 stating minimum volumes and delivery times.

      Cornware's plan is to fund the production costs in the next ten days. The product will be delivered to the client ten weeks later and payment terms are 60 days.

      You can fund Cornware's production. In return Cornware are offering to repay in just 5 months plus 5.6% profit or 6.1% PRIME. That's an annual equivalent of up to 15.3%.

      You'll also become a Friend of the brand.

      Location
      London, England
      Producer
      Adam Petyt & Rohit Belani
      Amount
      £39,000
      Duration
      5 months
      Profit
      5.6% standard or 6.1% PRIME
      Repay date
      28th July 2019
      Security
      3,120 boxes of Cornware cutlery
    • Where’s It Selling?

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