Rockvinyl.works
Rockvinyl is a brand-new vinyl record pressing plant based in the East End of Glasgow.
Passionate about music and design, the experienced team behind Rockvinyl are dedicated to providing global record companies, independent labels and artists with the highest quality, sustainable vinyl.
Seed capital of £422,500 has been provided by the Directors and associates and these funds have been used to secure the factory
Please note there is a maximum investment limit of £75k per investor.
The directors believe that the company is engaged in a qualifying trade for EIS purposes and that tax relief will be available to qualifying shareholders upon application although no guarantees can be given by either the company or its directors. Shareholders are advised to seek advice from their accountant or other professional advisor.
Tax treatment is dependent on individual circumstance and is subject to change Please note Rockvinyl cannot give tax advice and if you should seek independent tax advice for a qualified professional before deciding to invest.
Jim Kerr, lead singer of Simple Minds wishes us well!
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore.
The factory
Rockvinyl has secured a ten-year lease on a 7,000 square foot modern energy efficient industrial building in the east end of Glasgow at a rental cost of £55,600 per annum. The management team will install an external LPG tank storage system and a plant room building to contain the steam boiler system and adiabatic cooling system at a total cost estimated at £400,000.
The Vinyl Resurgence
When sales of CD's overtook records in the late 1980's, it looked as if the era of the vinyl record was coming to an end. By the early 1990's, vinyl production had all but ceased. Plants closed down and skilled production operatives retired.However, as digital formats – specifically streaming platforms e.g. Spotify, Amazon and Apple – became established as the primary source of music for consumers of recorded music, vinyl made a comeback.
Listeners who found something missing in the digital age once again turned to the tangible format of vinyl records, with sales on a steady increase since 2006, with 2023 representing a record year for vinyl sales.
Not only have consumers returned to vinyl because of a desire for better sound and an improved listening experience, many see the purchase of vinyl as a sound investment opportunity, with platforms like Discogs, home to a vinyl trading community of tens of tens of millions of buyers and sellers with more than 64 million vinyl on its virtual shelf.
While more than 80% of recorded music consumption in the UK is now made up of streaming, demand for vinyl LPs continues to surge.
Revenue from Vinyl sales in the US grew by 17% in 2023 to $1.2 Billion.
Vinyl Records outsold CDs in the U.S. For the First Time Since 1987.
Green Agenda
The Rockvinyl carbon efficiency agenda involves conversion of an existing factory which has a materially lesser carbon cost than construction of a new facility.
We intend to use a zero percent bioplastic option for vinyl record production. The factory will also have 197 solar roof panels which are anticipated to contribute 37,000kw per annum to our total electrical consumption.
We will aim for the company's gas emissions will be one hundred percent offset using accredited carbon offset providers. A closed loop chilling system will be used to reduce water consumption thus taking advantage of the colder Scottish climate to cool the production output.
Rockvinyl's printed material will be on FSC certified materials and recycled stock and printed using vegetable-based inks. We are also aiming to have onsite recycling of waste vinyl materials back into the production cycle with no effect on quality.
Rockvinyl's objective is to achieve and maintain zero waste status.
What the moneys will be spent on
The proceeds of the public fund raising will be used to finance the capital costs involved in making the company's manufacturing facility compatible with vinyl record production, outstanding payments on plant and machinery and other set-up costs.
It is also intended that the proceeds of the share issue will be used to repay the director loans of £50k
Absolutely delighted to see a pressing plant happening right here in my home-town, just in time for my own new album! This city, and the surrounding areas, have produced generations of incredible artists over the years, creating music that has had global impact and been the backdrop to many lives. To have our own manufacturing plant on our doorstep, will support and enable new music right here, building on our rich musical legacies and creating new ones.
I am delighted to hear about some great news from Glasgow in regard to the music industry.
People know that for the last thirty, forty years Glasgow has produced some amazing music, some amazing labels, amazing bands, venues and events but finally Glasgow, is going to have its own vinyl pressing plant.
Rockvinyl is the missing piece of the jigsaw.
I can’t think of a more fitting place to set up home for a new vinyl pressing plant than Glasgow.
Not only has Glasgow been designated a UNESCO city of music, but the city continues to upkeep its reputation and tradition as a vibrant, welcoming hub of musical creativity for musicians and music businesses representing all genres of music be they closer to home or International.
Shareholder benefits
- Tee Shirt
- Subscription to Rockvinyl newsletter
- Tee Shirt
- Skip cap
- Subscription to Rockvinyl newsletter
- Tee Shirt
- Skip cap
- Subscription to Rockvinyl newsletter
- Launch Party invite
- Annual shareholders party with music and ambassadors for yourself
- Tee Shirt
- Skip cap
- Hoodie
- Subscription to Rockvinyl newsletter
- Launch Party invite (plus two guests)
- Annual shareholders party with music and ambassadors for yourself (plus two guests)
- Rega planner system one / kyte speakers, io amp and remote control
Approx value: £1000.
Please note, claiming the shareholder rewards that are outlined here may adversely impact any potential EIS tax benefits. Please consult someone who is qualified to give tax advice
The team
Modal of user
David Brady
David is a qualified graphic designer and founded PR Print in 1987, a company that is still trading after a successful employee led management buy-in. David’s experience in print and design has been applied to research the vinyl pressing sector and associated supply chain which share many of characteristics associated with contract printing. David will be the only Executive Director and will be responsible for the management of the business.
Modal of user
David Low
David is a Scottish based businessman. He is Chairman of Lowdit Partners, a family investment office with interests in sports and leisure, plastic mouldings, asset trading platforms and arts and entertainment. He is also an active investor in the social and ethical sectors.
Modal of user
Mark Mackie
Mark is the managing director of Regular Music, Scotland's longest running live concert promoters. Regular stages up to 200 concerts every year including the award-winning Summer Nights at The Bandstand in Glasgow's Kelvingrove Park and the annual summer concerts at Edinburgh Castle. Mark has worked closely with numerous artists, managers and agents for over forty years.
Modal of user
Mark Wilson
Mark qualified as a solicitor more than twenty years ago and is currently providing in house counsel at Creative Scotland as the Legal and Business Affair Manager. Prior to qualifying as a solicitor Mark managed various Scottish based music artists enjoying UK chart hits with acts, including Orange Juice, The Bluebells, Trashcan Sinatras and Tommy Reilly.
Modal of user
Peter McGowan
Peter is based in Northamptonshire and is managing director of the ECS Group, an award-winning compliance and safety group of companies. His long business career has been marked by continual success and strong growth. Peter is a keen sports fan and a supporter of several community focused projects throughout the UK. He is also a corporate sponsor of Ups 'n Downs and The Travers Foundation.
Modal of user
Denis Kinane
Denis is a medical academic who has directed research centres in Europe and the US, led Ivy League schools and owns and leads clinical and medical diagnostic businesses globally. He is currently, professor in immunology at Bern University and a board member of US, Chinese, Taiwanese and four UK companies. He chairs Cambridge Diagnostics Ltd and is co-founder of Cignpost Diagnostics and several small companies.