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Status: Active

Jan 13th 2020 - Feb 12th 2020

Drop Drinks creates vintage beverages with a distinctive taste. Theses beverages are inspired by traditional British sweets like Pear Drop and Cherry Drop. The company has sold more than 10,000 units since its launch in 2018. With more than 9,000 followers on social platforms such as Facebook and Instagram, Drop Drinks aims at increasing its product range to become a popular and leading drink brand domestically and grow globally. The company is now raising funds to increase production, execute an extensive go-to-market strategy, and hire key staff.

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Drop Drinks Rating Review

Pitch rating powered by CROWDRATING

Rated on 11/02/2020

Pitch Rated

71%

overall

Management

65%

Product

78%

Investment

71%

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    £3,200,000
    pre-money valuation

    2.44%
    equity available

    118
    investors

    £1,082
    pledge per investor

    11474772
    company number

    Active
    company status

    20/07/2018
    incorporated 6 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    Previous Funding rounds
    27 Mar 24 Crowdcube £127,690 / 160% 71.33%

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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Management 65%

Skills 64%
The CEO has deep domain knowledge and has been working in the beverage industry for more than 10 years. The team currently lacks the head of sales and marketing who would be beneficial to support the expansion phase of the project.

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Funding progress

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More from Catering, Food and Drink

Yolk, also known as In One Basket Limited, is a pioneering company revolutionizing the food and coffee experience for people on the move. They provide high-quality sandwiches, salads, and improved breakfast options without the premium cost, boasting five successful locations in London and three upcoming openings in the second half of 2023
days to go: TBC investment: Withheld

Log in to view amount pledged

    Log in to view target

    £3,200,000
    pre-money valuation

    2.44%
    equity available

    118
    investors

    £1,082
    pledge per investor

    11474772
    company number

    Active
    company status

    20/07/2018
    incorporated 6 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    Previous Funding rounds
    27 Mar 24 Crowdcube £127,690 / 160% 71.33%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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