OverviewSuggest Edit

Farmdrop provides a platform for people to buy groceries from local producers online. The Company offers bundles, fruit and vegetables, meat, fish, dairy products and eggs, bakery products, larder products, deli and fridge products, drinks, as well as household products.

TypePrivate
Founded2012
HQLondon, GB
Websitefarmdrop.com

Latest Updates

Employees (est.) (Sept 2020)91
Revenue (FY, 2018)£3.9 M(+86%)
Cybersecurity ratingBMore

FarmDrop Office Locations

FarmDrop has offices in London and Enfield
London, GB (HQ)
Martha's Buildings, Old Street
Enfield, GB
Enfield Distribution Park, E Duck Lees Ln
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FarmDrop Financials and Metrics

Summary Metrics

Founding Date

2012

FarmDrop total Funding

$28.2 m

FarmDrop latest funding size

$13.36 m

Time since last funding

2 years ago

FarmDrop investors

FarmDrop's latest funding round in June 2018 was reported to be $13.4 m. In total, FarmDrop has raised $28.2 m
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FarmDrop Revenue

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FarmDrop's revenue was reported to be £3.95 m in FY, 2018
GBP

Revenue (FY, 2018)

3.9m

Gross profit (FY, 2018)

576.9k

Gross profit margin (FY, 2018), %

14.6%

Net income (FY, 2018)

(7.5m)

EBIT (FY, 2018)

(7.6m)

Cash (30-Jun-2018)

8.4m
GBPFY, 2016FY, 2017FY, 2018

Revenue

481.5k2.1m3.9m

Cost of goods sold

497.0k1.9m3.4m

Gross profit

(15.5k)210.6k576.9k

Gross profit Margin, %

(3%)10%15%
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

42.4k38.3k84.0k1.4m4.5m8.4m

Accounts Receivable

11.7k8.0k18.2k94.5k

Inventories

14.1k57.5k94.2k

Current Assets

54.1k46.3k105.7k1.6m4.7m9.3m
GBPFY, 2016FY, 2017FY, 2018

Net Income

(2.0m)(3.9m)(7.5m)

Cash From Operating Activities

(1.9m)(3.7m)(7.2m)

Cash From Financing Activities

3.3m6.9m11.4m

Net Change in Cash

1.3m3.1m4.0m
GBPFY, 2013

Financial Leverage

2.2 x
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FarmDrop Operating Metrics

FarmDrop's Users was reported to be 30 k in Mar, 2017.
May, 2015Dec, 2015Apr, 2016Mar, 2017

Suppliers

37 70 80

Users

30 k
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FarmDrop Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

FarmDrop Online and Social Media Presence

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FarmDrop Blogs

What Is Game-Hung Turkey? And Why Does It Guarantee A Better Roast?

Most of us will be familiar with the image of pheasants, grouse or other game birds, strung up side-by-side in a pantry. This isn’t just a strange way to store birds, there’s a reason this centuries-old, traditional practice still exists. And it applies to turkeys, geese and ducks, too. But why? And…

9 Stocking Filler Ideas For The Foodies In Your Life

Looking for last minute stocking filler ideas, stuck on a gift for that foodie friend, can’t find a decent secret santa gift? Look no further. From artisan booze and chocolate to eco-beauty products to recipe kits, there’s something here for everyone. For the chocoholic Artisan Traditional Florentin…

The Ultimate Christmas Gift Guide For Food Lovers

No more generic cookbooks, juicers or branded mugs. These are the gifts that the home cook in your life will really want this Christmas. 1. The Experience: Sourdough bread-making class £150 from E5 Bakehouse Even keen bread-makers can be a little wary of sourdough, so it pays to have a pro show you …

Our Favourite (Sustainable) Turkey Alternatives

Thinking of going cold turkey on the turkey? Oh we do love sharing the big bird out over the Christmas (or Thanksgiving) dinner table. Just not, you know, every single year. From the Dickensian to the ‘why not?’, here are seven turkey alternatives which feed family and friends without scrimping on e…

Baking With Kids? This Naturally Sweet Pumpkin, Ginger And Maple Loaf Is Just The Ticket

Get the kids in the kitchen this weekend with simple bakes they can help you make. Food stylist, cookbook author and mother, Georgina Hayden, shows you how to get baking with kids, without the dreaded sugar rush. Photography: Georgina Hayden Something I haven’t yet talked about here is baking with a…

From toddlers to teens: one autumnal bean stew for the whole family

With young kids and fussy eaters in tow, it can often feel an impossible task to feed the whole family the same meal. Food stylist, cookbook author and mother, Georgina Hayden, shares how she does it with this family recipe for bean stew. Hands up, who’s favourite month is October? There is nothing …
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FarmDrop Frequently Asked Questions

  • When was FarmDrop founded?

    FarmDrop was founded in 2012.

  • How many employees does FarmDrop have?

    FarmDrop has 91 employees.

  • What is FarmDrop revenue?

    Latest FarmDrop annual revenue is £3.9 m.

  • What is FarmDrop revenue per employee?

    Latest FarmDrop revenue per employee is £43.4 k.

  • Who are FarmDrop competitors?

    Competitors of FarmDrop include OurHarvest, GrubMarket and Bigbasket.

  • Where is FarmDrop headquarters?

    FarmDrop headquarters is located at Martha's Buildings, Old Street, London.

  • Where are FarmDrop offices?

    FarmDrop has offices in London and Enfield.

  • How many offices does FarmDrop have?

    FarmDrop has 2 offices.