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.) (Dec 2020)97
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

37 70 80

Users

30 k
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FarmDrop Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

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FarmDrop Online and Social Media Presence

FarmDrop's Trends

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FarmDrop Blogs

December 15, 2020

5 Christmas Canapés To Make This Season

There’s nothing quite like a Christmas canapé. And with party season kicking off, any food that you can eat while holding a drink is a guaranteed winner. Keep your guests nibbling, drinking and chatting with these delicious Christmas canapé recipes. Smoked Trout & Ricotta Pinwheels Meet the grow…
December 06, 2020

Make Your Own Edible Gifts This Christmas

Keen on having a greener Christmas? Want to avoid the consumerist Christmas rush and take some time with your gifting this year? Whether it’s a pot of jam, a box of cookies or a bottle of sloe gin, making your own edible gifts, is a great way to do just that. You might be surprised to learn just how…
December 02, 2020

Festive Fizz: 4 Of The Best Prosecco Cocktail Recipes

Raise a glass of fizz this Christmas with one of our delicious prosecco cocktail recipes, the perfect way to add some sparkle to cocktail hour. Choose from our wide range of prosecco, sparkling wine or Champagne if you’re looking to push the boat out this Christmas. Fancy a cocktail for one? We’ve g…
November 30, 2020

Talking Turkey – What to do with Leftovers

This festive season might be a year of smaller celebrations than usual, but that’s no reason to forgo a spectacular centrepiece christmas bird, be it pasture raised turkey, cockerel, goose or duck. We’ve created delicious new recipes to help you make the most of your  roast and create tasty waste fr…
November 26, 2020

Gifting for Impact

  With retailer competition driving early Black Friday sales this year, you might have already given some thought to the kind of gifts you want to give friends and family this Christmas. Some of you might be two steps ahead and already bought something. But if you’re still on the lookout, or conside…
November 24, 2020

Chocolate Chunk Cookies to Feed The Soul by @gemtakesfoodpics

If there’s one thing we’ve collectively discovered this year, it’s the joy of baking. From the humble banana bread to the slightly more skilful, sourdough loaf, we’ve all been busy in the kitchen. When it comes to baking, sometimes it’s the more simple, home-comfort types that really steal our heart…
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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 97 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 £40.7 k.

  • Who are FarmDrop competitors?

    Competitors of FarmDrop include OurHarvest, Enedao.com and Imperfect Foods.

  • 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.