FarmDrop

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, GBMap
Websitefarmdrop.com
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Employees (est.) (Jul 2021)105
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

3 years ago

FarmDrop investors

Atomico, JamJar Investments, Alex Chesterman, Crowdcube, LGT Impact Ventures, Nigel Wray, Quentin Griffiths, Jon Reynolds, Belltown Ventures
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%
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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
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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
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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

377080

Users

30 k
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FarmDrop Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

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FarmDrop Online and Social Media Presence

FarmDrop's Trends

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FarmDrop Blogs

July 07, 2021

Six Sharing Recipes for Alfresco Eating

Summer is here, lockdown restrictions are finally easing and there’s never been a better time to gather with friends for alfresco eating and drinking. We’ve chosen some of our favourite stylish yet simple recipes to enjoy during those long awaited catch ups.  For even more effortless alfresco eating…
July 07, 2021

Beyond Burgers: New Stars of the Grill for Summer

Burgers, sausages and chicken are staples of the British BBQ for a good reason, but this summer why not expand your repertoire and try some different cuts of meat and fish for the grill? Our Made by Farmdrop Kitchen Manager Neil and Recipe Developer Gemma have rounded up their top picks for show sto…
July 07, 2021

5 Easy Jam Jar Recipes that are Perfect for Picnics

Jam jar recipes are a great way to feed a crowd stylishly at summer picnics. From simple crudité pots to cookout inspired s’mores dessert pots, we’ve got 5 easy jam jar recipe ideas that are perfect for picnics! These recipes are all designed to fit into leftover glass jars from Made by Farmdrop bre…
June 11, 2021

One Shop, 14 Meals: Your 7 Day Meal Planner

To help you maximise your weekly shop we’ve put together a handy guide to seven days of lunches and dinners, from one Farmdrop shop.  This menu is designed to maximise your leftovers and create delicious yet simple weekday lunches for when you already have your hands full, but want to eat well with …
May 27, 2021

Farmdrop Cookery School – How to make Hollandaise Sauce

Farmdrop Cookery School – How to make Hollandaise Sauce Welcome to the first edition of the Farmdrop cookery school. In this series our recipe developer and chef, Gemma, will teach you a whole range of cooking techniques and skills.  The three skill levels are as follows: Beginner Intermediate A lit…
May 10, 2021

Sensational Spuds: 5 ways to cook Jersey Royals

Jersey Royals are a unique and special potato. They can only be grown on the island of Jersey, where they’ve been lovingly cultivated since the late 1800s. The island has a unique microclimate, soil and distinctive practices, like using seaweed harvested from the local beaches to fertilise the potat…
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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 105 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 £37.6 k.

  • Who are FarmDrop competitors?

    Competitors of FarmDrop include OurHarvest, Enedao.com 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.