Investor room

The case, the evidence, and the assumptions behind every figure

Every figure here is generated from the same assumptions the rest of the platform uses. Where a number is modelled rather than measured it is labelled, and the basis is shown.

NPV, base case

Estimated

£543,617

IRR

Estimated

49.5%

Likelihood of success

Assumed

Weighted factor score, not a forecast

Assumptions verified

Verified

0 / 0

The rest are estimated or assumed

The deck

Traction to date

No records

ESG and impact metrics

No records

Likelihood scoring

Weighted factors, each scored 1–5 with reasoning

No records

Assumed

Assumption register

Every parameter this platform models on, the value in use, the method behind it and what moves if it is wrong

Engineering

Canopy wind uplift design case

Value in use: 0.68 kN/m2 net uplift, survival to 31 m/s gust, ballast 240 kg per canopy pair
Method: BS EN 1991-1-4 terrain category IV at 10 m, Manchester basic wind velocity 22.5 m/s, canopy area 3.2 m2, uplift coefficient 0.9, ballast sized for 1.5x overturning reserve.
If it moves: A one-category terrain change lifts required ballast to 300 kg and adds 9 kg of recycled aggregate per unit, about 4 GBP of cost.

Seat and bearer load case

Value in use: 3.0 kN per metre distributed, 2.5 kN point load at mid-span, 12 mm maximum deflection
Method: BS EN 1176 style public-realm seating case with four 100 kg occupants per 2 m bearer, deflection limited to span/150 on the hemp-plastic profile.
If it moves: Tightening deflection to span/200 requires an 8 mm steel spine and adds roughly 26 GBP per bench.

Vandal and theft resistance specification

Value in use: IK08 enclosures, M10 shear-nut fixings, socket faces to IP66 with lockable flap, module frame captive-bolted from inside the seat void
Method: Street-furniture practice mapped onto BS EN 62262 impact classes, then rated against the four failure modes that carry the highest severity score on the risk register.
If it moves: Moving to IK10 and anti-drill barrel locks costs about 38 GBP per bench and adds two minutes to assembly.

Third-party validation programme

Value in use: Four tests, 11,400 GBP, eight weeks: wind uplift rig, seat fatigue to 100,000 cycles, impact to IK08, electrical safety of the charge assembly
Method: Priced from published UKAS test-house rate cards for comparable street-furniture programmes, sequenced against the first production frame.
If it moves: A re-test on one line adds 2,800 GBP and three weeks; the programme is inside the pilot phase budget either way.

Parameter	Value in use	Method	If it moves
Canopy wind uplift design case	0.68 kN/m2 net uplift, survival to 31 m/s gust, ballast 240 kg per canopy pair	BS EN 1991-1-4 terrain category IV at 10 m, Manchester basic wind velocity 22.5 m/s, canopy area 3.2 m2, uplift coefficient 0.9, ballast sized for 1.5x overturning reserve.	A one-category terrain change lifts required ballast to 300 kg and adds 9 kg of recycled aggregate per unit, about 4 GBP of cost.
Seat and bearer load case	3.0 kN per metre distributed, 2.5 kN point load at mid-span, 12 mm maximum deflection	BS EN 1176 style public-realm seating case with four 100 kg occupants per 2 m bearer, deflection limited to span/150 on the hemp-plastic profile.	Tightening deflection to span/200 requires an 8 mm steel spine and adds roughly 26 GBP per bench.
Vandal and theft resistance specification	IK08 enclosures, M10 shear-nut fixings, socket faces to IP66 with lockable flap, module frame captive-bolted from inside the seat void	Street-furniture practice mapped onto BS EN 62262 impact classes, then rated against the four failure modes that carry the highest severity score on the risk register.	Moving to IK10 and anti-drill barrel locks costs about 38 GBP per bench and adds two minutes to assembly.
Third-party validation programme	Four tests, 11,400 GBP, eight weeks: wind uplift rig, seat fatigue to 100,000 cycles, impact to IK08, electrical safety of the charge assembly	Priced from published UKAS test-house rate cards for comparable street-furniture programmes, sequenced against the first production frame.	A re-test on one line adds 2,800 GBP and three weeks; the programme is inside the pilot phase budget either way.

Energy

Irradiance basis for every generation figure

Value in use: Manchester 53.48 N: 940 kWh/m2/yr plane-of-array at 30 degrees south. December daily mean 0.42 kWh/m2. Moorland edge at 350 m: 1,010 kWh/m2/yr, December 0.47.
Method: PVGIS SARAH long-run series for the city centre and moor-edge coordinates, de-rated 12 percent for reclaimed module condition and 4 percent for soiling.
If it moves: A 10 percent low year cuts December charge hours from 5.1 to 4.6 per bench-day and never breaches the beacon reserve, because charging sheds first.

Urban overshadowing factor

Value in use: Sky-view factor 0.62 for a 12 m terraced street, 0.78 for a district-centre parade, 0.94 for an open civic square or moor edge
Method: Street-canyon geometry from typical Manchester terrace heights and carriageway widths, converted to an annual shading de-rate applied before the yield model runs.
If it moves: Each 0.05 of sky-view factor moves annual yield by about 6 percent, which is one fewer charging hour per winter day in the worst canyon.

Parameter	Value in use	Method	If it moves
Irradiance basis for every generation figure	Manchester 53.48 N: 940 kWh/m2/yr plane-of-array at 30 degrees south. December daily mean 0.42 kWh/m2. Moorland edge at 350 m: 1,010 kWh/m2/yr, December 0.47.	PVGIS SARAH long-run series for the city centre and moor-edge coordinates, de-rated 12 percent for reclaimed module condition and 4 percent for soiling.	A 10 percent low year cuts December charge hours from 5.1 to 4.6 per bench-day and never breaches the beacon reserve, because charging sheds first.
Urban overshadowing factor	Sky-view factor 0.62 for a 12 m terraced street, 0.78 for a district-centre parade, 0.94 for an open civic square or moor edge	Street-canyon geometry from typical Manchester terrace heights and carriageway widths, converted to an annual shading de-rate applied before the yield model runs.	Each 0.05 of sky-view factor moves annual yield by about 6 percent, which is one fewer charging hour per winter day in the worst canyon.

Materials

Reclaimed module supply route and price

Value in use: 18.50 GBP per 300 to 400 W module delivered, 3,000 modules per year committed capacity, two decommissioning routes plus one recycler as overflow
Method: Priced from UK decommissioning gate-fee economics: contractors currently pay to dispose, so a collected module at 18.50 GBP sits below new-module cost and above their disposal saving.
If it moves: A 5 GBP per module rise adds 15 GBP to unit cost and 1.4 points of gross margin at the current price.

Hemp cellulose to pellet conversion

Value in use: 1 tonne baled biomass yields 0.41 tonnes of compounded pellet at 62 GBP per tonne conversion cost
Method: Mass balance across the processing chain already modelled on /materials: 18 percent moisture loss, 27 percent non-fibre reject, 14 percent process loss, then 30 percent polymer blend on the fibre fraction.
If it moves: A five point yield miss raises pellet cost per bench by about 7 GBP and is absorbed by the biomass gate fee income.

Parameter	Value in use	Method	If it moves
Reclaimed module supply route and price	18.50 GBP per 300 to 400 W module delivered, 3,000 modules per year committed capacity, two decommissioning routes plus one recycler as overflow	Priced from UK decommissioning gate-fee economics: contractors currently pay to dispose, so a collected module at 18.50 GBP sits below new-module cost and above their disposal saving.	A 5 GBP per module rise adds 15 GBP to unit cost and 1.4 points of gross margin at the current price.
Hemp cellulose to pellet conversion	1 tonne baled biomass yields 0.41 tonnes of compounded pellet at 62 GBP per tonne conversion cost	Mass balance across the processing chain already modelled on /materials: 18 percent moisture loss, 27 percent non-fibre reject, 14 percent process loss, then 30 percent polymer blend on the fibre fraction.	A five point yield miss raises pellet cost per bench by about 7 GBP and is absorbed by the biomass gate fee income.

Manufacturing

Family tool set capex

Value in use: 148,000 GBP: seat profile die 46k, back and arm mould 38k, canopy shell 41k, fixings and jigs 23k. 40,000 shots per year rated, 1.2 million shot tool life.
Method: Indicative UK moulder pricing for tool size and cavitation at the modelled volume, amortised over 24,000 benches at 6.17 GBP per bench.
If it moves: A 20 percent tooling overrun adds 1.23 GBP per bench at modelled volume and does not change the funding round size.

Parameter	Value in use	Method	If it moves
Family tool set capex	148,000 GBP: seat profile die 46k, back and arm mould 38k, canopy shell 41k, fixings and jigs 23k. 40,000 shots per year rated, 1.2 million shot tool life.	Indicative UK moulder pricing for tool size and cavitation at the modelled volume, amortised over 24,000 benches at 6.17 GBP per bench.	A 20 percent tooling overrun adds 1.23 GBP per bench at modelled volume and does not change the funding round size.

Connectivity

Street-height mesh link budget

Value in use: 868 MHz, 27 dBm EIRP, 1.1 m antenna height: 410 m clear range, 260 m effective in terraced streets, 1.2 kbps sustained control-plane throughput per hop
Method: Link budget from transmit power, 2.1 dBi antenna, minus a 14 dB street-canyon margin over a two-ray ground model, cross-checked against the bench spacing already used in the density model.
If it moves: A 60 m range loss raises the benches needed for continuous urban coverage by about 18 percent, which the density explorer already lets you run.

EN/ABEL Communications scope of works

Value in use: Street layer hosted by Canopei, operator layer by EN/ABEL. 70/30 split of node service revenue to EN/ABEL, no personal data at the bench, twelve-month rolling term per borough.
Method: Written against the two-layer architecture on /enabel: we own the furniture, the mount and the power; the operator owns the service and the customer relationship.
If it moves: A 60/40 split moves connectivity contribution per bench-year by about 9 GBP, well inside the hardware margin.

Parameter	Value in use	Method	If it moves
Street-height mesh link budget	868 MHz, 27 dBm EIRP, 1.1 m antenna height: 410 m clear range, 260 m effective in terraced streets, 1.2 kbps sustained control-plane throughput per hop	Link budget from transmit power, 2.1 dBi antenna, minus a 14 dB street-canyon margin over a two-ray ground model, cross-checked against the bench spacing already used in the density model.	A 60 m range loss raises the benches needed for continuous urban coverage by about 18 percent, which the density explorer already lets you run.
EN/ABEL Communications scope of works	Street layer hosted by Canopei, operator layer by EN/ABEL. 70/30 split of node service revenue to EN/ABEL, no personal data at the bench, twelve-month rolling term per borough.	Written against the two-layer architecture on /enabel: we own the furniture, the mount and the power; the operator owns the service and the customer relationship.	A 60/40 split moves connectivity contribution per bench-year by about 9 GBP, well inside the hardware margin.

Commercial

Designated centres per borough

Value in use: 160 designated town and district centres across the ten Greater Manchester authorities
Method: Counted from the adopted local plan and Places for Everyone centre designations for each authority, held as a fixed constant behind the procurement model.
If it moves: A ten centre counting difference moves programme order value by about 6 percent at six benches per centre.

Route into borough public-realm procurement

Value in use: Under 30k GBP: direct award against borough highways minor works. 30k to 213k: three-quote mini competition. Above that: ESPO furniture framework or a GM dynamic purchasing entry.
Method: Mapped from standard English local-authority contract standing orders and the thresholds boroughs apply to street furniture, then matched to the pilot and programme order sizes we actually quote.
If it moves: A borough that insists on full framework entry adds roughly four months, which is why the first order is scoped below the direct-award ceiling.

Parameter	Value in use	Method	If it moves
Designated centres per borough	160 designated town and district centres across the ten Greater Manchester authorities	Counted from the adopted local plan and Places for Everyone centre designations for each authority, held as a fixed constant behind the procurement model.	A ten centre counting difference moves programme order value by about 6 percent at six benches per centre.
Route into borough public-realm procurement	Under 30k GBP: direct award against borough highways minor works. 30k to 213k: three-quote mini competition. Above that: ESPO furniture framework or a GM dynamic purchasing entry.	Mapped from standard English local-authority contract standing orders and the thresholds boroughs apply to street furniture, then matched to the pilot and programme order sizes we actually quote.	A borough that insists on full framework entry adds roughly four months, which is why the first order is scoped below the direct-award ceiling.

Impact

Carbon avoided per bench

Value in use: 312 kg CO2e per bench: 84 kg per reused 350 W module across four modules, minus process energy, plus 1.9 kg CO2e per kg on 26 kg of diverted plastic
Method: Screening calculation against the first bill of materials using published embodied-carbon factors for crystalline silicon modules and virgin polyolefin, net of grid electricity used in processing.
If it moves: Halving the module credit still leaves 144 kg CO2e per bench, which keeps the social-value claim intact.

Dwell and spend effect at a served site

Value in use: Plus 11 minutes mean dwell in served outdoor seating, plus 1.80 GBP mean spend per seated group, 42 extra trading evenings a year from canopy lighting
Method: Derived from the trading-hours model: lighting extends usable forecourt seating past sunset from October to March, and spend uplift is set at one third of the published hospitality average per extra seated quarter hour.
If it moves: Even at half the uplift, a two-bench forecourt returns the annual hire cost inside the first season.

Parameter	Value in use	Method	If it moves
Carbon avoided per bench	312 kg CO2e per bench: 84 kg per reused 350 W module across four modules, minus process energy, plus 1.9 kg CO2e per kg on 26 kg of diverted plastic	Screening calculation against the first bill of materials using published embodied-carbon factors for crystalline silicon modules and virgin polyolefin, net of grid electricity used in processing.	Halving the module credit still leaves 144 kg CO2e per bench, which keeps the social-value claim intact.
Dwell and spend effect at a served site	Plus 11 minutes mean dwell in served outdoor seating, plus 1.80 GBP mean spend per seated group, 42 extra trading evenings a year from canopy lighting	Derived from the trading-hours model: lighting extends usable forecourt seating past sunset from October to March, and spend uplift is set at one third of the published hospitality average per extra seated quarter hour.	Even at half the uplift, a two-bench forecourt returns the annual hire cost inside the first season.

Governance

Insurance position on public sockets

Value in use: 10m GBP public liability, 5m GBP products liability, unattended charging covered on the basis of IP66 faces, 5 V and 20 V USB-C only, no 230 V socket in the public realm
Method: Written to the conditions insurers apply to unattended public charging: low voltage only, sealed faces, documented inspection, and no user-serviceable parts.
If it moves: Adding a 230 V stallholder socket moves the risk into a separate event-cover schedule, which is why market use is metered and supervised.

Maintenance and inspection ownership

Value in use: Two visits a year, 46 GBP per bench per year, first line by the host, second line by Canopei within five working days, moorland sites inspected each April and October
Method: Costed from a two-person round covering twelve benches a day at city-region density, with parts held as a 3 percent spares float on the fleet.
If it moves: A third annual visit raises service cost per bench-year to 69 GBP and is priced into hire, not into the sale.

Parameter	Value in use	Method	If it moves
Insurance position on public sockets	10m GBP public liability, 5m GBP products liability, unattended charging covered on the basis of IP66 faces, 5 V and 20 V USB-C only, no 230 V socket in the public realm	Written to the conditions insurers apply to unattended public charging: low voltage only, sealed faces, documented inspection, and no user-serviceable parts.	Adding a 230 V stallholder socket moves the risk into a separate event-cover schedule, which is why market use is metered and supervised.
Maintenance and inspection ownership	Two visits a year, 46 GBP per bench per year, first line by the host, second line by Canopei within five working days, moorland sites inspected each April and October	Costed from a two-person round covering twelve benches a day at city-region density, with parts held as a 3 percent spares float on the fleet.	A third annual visit raises service cost per bench-year to 69 GBP and is priced into hire, not into the sale.

Modelled