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.) (Sep 2019)102(-7%)
Revenue (FY, 2018)£3.9 M(+86%)

FarmDrop Office Locations

FarmDrop has offices in London, Greater London and Bristol
London, GB (HQ)
100 Clements Road
Greater London, GB
10-39 Bombay St
Greater London, GB
Biscuit Factory 100 Drummond Rd
Bristol, US
Bristol, TN, USA
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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

a year 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
GBPY, 2018

Revenue/Employee

48.0k

Financial Leverage

1.4 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 Online and Social Media Presence

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FarmDrop Blogs

Your South London Sustainable Summer Eating Guide

South London is packed with cafés, restaurants and bars to eat and drink, but it can be a minefield to work out which places align with your ethics. Which source from local farmers? Which champion sustainably raised meat? And which source their coffee ethically? We took on the hard task of finding o…

Your North London Sustainable Summer Eating Guide

North London isn’t short of great eating spaces. But it can be tough to know which restaurants and cafes have sustainability credentials at heart as well as a killer menu.  Hankering for a hyperlocal wood fired pizza? Want to tuck into traceable fish and chips? After pasture-fed beef direct from the…

How to make sourdough bread: a beginner’s guide

It’s Sourdough September, an annual celebration of proper sourdough and the real bakers that make it. Want to know how to make sourdough bread at home? Confused about what sourdough even is? Learn the basics with home-baker, Merlin Jobst. Sourdough is the oldest form of leavened bread in the world, …

How To Read A Wine List Like An Expert

Choosing wine should be a fun, relaxing experience. But why do so many of us prickle with sweat at the sight of an unknown grape, or panic order the same variety again and again to save the embarrassment of pronouncing another option incorrectly.  Sommelier and wine expert Lucy Lettice gives her top…

4 Jam Jar Dressings To Transform Your Office Salads

Banish boring salads and revolutionise your lunch al-desko with these jam jar salad dressings. Food writer, Malou Herkes, shares why they are perfectly portable, easy to make and totally delicious. Good salad dressings has the power to transform basic green leaves into something totally delicious. F…

How to have a sustainable and ethical barbecue

We all love a BBQ. Nothing will beat the smokey caramelised flavour and golden crust that only those amber coals give to a burger. But while you might be becoming a lot more environmentally conscious in your kitchen, are you keeping it eco when it comes to the BBQ? From buying sustainable charcoal t…
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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 102 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 £38.7 k.

  • Who are FarmDrop competitors?

    Competitors of FarmDrop include FreshToHome, Imperfect Produce and Bigbasket.

  • Where is FarmDrop headquarters?

    FarmDrop headquarters is located at 100 Clements Road, London.

  • Where are FarmDrop offices?

    FarmDrop has offices in London, Greater London and Bristol.

  • How many offices does FarmDrop have?

    FarmDrop has 4 offices.