UK Teen's Cooling Towel Business Generates 750,000 Pounds in Revenue
12 Oct 2026Updated 1 hr ago1 source
A 16-year-old entrepreneur from Essex, England, has generated over £750,000 in revenue this year through his cooling towel business, CoolTowel. Harrison Nott, who launched the venture from his bedroom in 2023, skipped college after securing backing from investor Rio Ferdinand. Despite high sales, the business faces challenges like stock shortages, copycats, and rising operating costs.
NIKAN Intelligence
What happened
Harrison Nott, a 16-year-old from Essex, England, built a cooling towel business called CoolTowel that generated over £750,000 in revenue this year. Nott decided to skip college to pursue the business full-time after securing an investment from Rio Ferdinand.
Why it matters
The story highlights the rise of young, bedroom-born e-commerce businesses scaling rapidly via global pitching competitions and celebrity investments. It also sheds light on the common scaling challenges faced by fast-growing startups.
What we know
- Harrison Nott is a 16-year-old entrepreneur from Essex, England.
- He started CoolTowel in his bedroom in 2023.
- The business generated over £750,000 in revenue this year.
- Former football star Rio Ferdinand is an investor in the business.
- The business faces operational challenges like stock shortages, copycats, and operating costs.
What we don't know
- The exact investment amount provided by Rio Ferdinand.
- The current net profit margin of CoolTowel.
- Specific plans for international expansion.
What's next
Harrison Nott plans to pursue profitability full-time while navigating operational hurdles like stock shortages and rising costs.
Generated by NIKAN's analysis engine from the cited reports only. Nothing here is invented; gaps are shown as unknowns. Always read the original coverage linked below.
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