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loanLoan
Capital at risk
42
Months
12.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

With a passion for authentic African and Asian food products, TopTropics import, export, and distribute a range of over 1,000 authentic herbs, spices, lentils, and much more. Reacting to the surge in demand for ethnic as market leaders, they've established long-term relationships internationally with customers and suppliers, including wholesalers, retailers, and restaurants. TopTropics are raising funds to invest in their brand packaging, maintain and increase their levels of stock, and expand their warehouse.

Sharing a passion for global ingredients

At TopTropics, we act as a wholesale gateway for ethnic food sectors while also operating our own brands to dominate a large share of the market. We meet the increase in demand for Asian, Oriental, Caribbean, and African ingredients with our wide selection of over 1,000 products, from rice and pulses, to herbs and spices. We distribute these products to over 600 ethnic supermarkets, and now even mainstream organisations like Tesco and Asda, as well as restaurants.

We're partnered with some of the most recognised names in the business, such as Saxa, Rajah, Nestlé, Maggi, Dunn's River, and Knorr, to name a few, and are the exclusive seller of Hayat milk and Yes Juice drinks. On top of this, we have six of our own brands: Lion Head, Mughlai, TVS, Tropicway, Roberts, and Mama's Pride. Our products trade worldwide from our offices in India, Holland, Ghana, Nigeria, and Dubai, but our head quarters is in High Wycombe, where our warehouse facility, with dry storage, and separate areas for production and packing, is located.

Our business growth has continued 70% year-on-year, and such fast-paced growth requires additional finance. Therefore, the money raised in this campaign will go towards redeveloping the packaging used for our own brands; we also add new lines of products every month, so will also use the funds to purchase more stock. Finally, with the remainder, we are looking to expand our warehouse to ensure our facilities can keep up with our expansion.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 70k
Raised
£ 70k
Investors
312
Est close date
Funded 4 years ago in 9 days

Where will the funds go?

Business expansion
£70,000

Key people

MR
Manick Rikhy
Director

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Business brand

High Wycombe, UK

"Sharing a passion for global ingredients"

Incorporated
13 years, 7 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.