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loanLoan
Capital at risk
36
Months
15.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Established in 2016 by Marie Batchelder and Dan Humphries, Drumazon is a team of musicians who sell imported and local mainstream drums in the UK. Over the years they have also become well known for their environmentally friendly, pre-loved section which is where you will find many exceptional examples of kits, snares and cymbals. Currently raising funds for expansion

The Drummer’s Drum Store

We started Drumazon in 2016, after deciding that what Britain needed was a high quality drum distributor who could get orders out at the speed of sound. We set up our base of operations in Cardiff and set to work building our empire of beats. Drumazon has sprawled since then, and we make sure to keep our promise of delivering anywhere across the globe within 5 days! Our services are focused on selling drums, but we also provide work with schools to support aspiring drummers, as well as buying pre-loved kits to find new homes for.

What makes us different from other drum stores? Well for a start we still believe in printed catalogues, a traditional quirk of our otherwise modern and online business. We produced our sixth full-colour printed catalogue this year, in 2023, and are looking forward to sending out our 2024 catalogue! They are one of several ways to browse our inventory, alongside visiting our current store in-person, and looking through our wonderful website. Moreover we even maintain a YouTube channel to extend our reach to new customers. The Drumflix channel is full of performances recorded right on our showroom floor! Since we started out as a largely online business dedicated to quickly shipping quality drums and drum kits, we firmly believe in maintaining a strong online presence to maximise outreach, and you’ll find all of our links at the bottom of our campaign page. Whilst we have a huge digital footprint, we are also always glad to welcome customers to our store in Cardiff. In person we can perform demonstrations and ensure new customers find the drum of their dreams!

With recognition from the British Drum Company, we pride ourselves on our outstanding service and our commitment to selling high-quality drums to drummers across the world. This is why we are inviting potential investors to join and support us. Together with Crowd2Fund, we hope to expand our reach and stock even further.

Credit Commentary
The director is providing a personal guarantee, which means should the business fail, and there are insufficient assets within the business to repay the loan, we can look to the director to repay any shortfall on repayment. The director has a strong financial profile. The director is a homeowner his property has been calculated at almost £146k. The funds will be used to grow & expand the business. The directors can be traced for several years with no issues.

Inflation Risk
As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 54k
Raised
£ 54k
Investors
119
Est close date
Funded 8 months ago in 3 days

Where will the funds go?

Expansion
£54,348

Key people

MB
Marie Batchelder
Director

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Business brand

Cardiff, UK

"The Drummer’s Drum Store"

Incorporated
6 years, 9 months
Credit risk indicator

Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.