City Pantry Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
City Pantry Limited - overview
Established
2013
Location
-, Berkshire, UK
Primary Industry
Internet
About
City Pantry Limited is a UK-based corporate catering company that streamlines food delivery for businesses, enhancing the employee dining experience through a diverse selection of meal options from various partner restaurants. City Pantry Limited, founded in 2013 in the UK, specializes in corporate catering, providing businesses with meal solutions for their employees. The company was acquired by Just Eat Holding Limited in July 2019 for approximately GBP 16 million, which marked a significant pivot in its operational strategy. The founder's history details are not available.
City Pantry Limited operates as Just Eat for Business, which focuses on corporate catering and office food delivery. The platform simplifies meal ordering for companies of all sizes, featuring over 600 partner restaurants across major UK cities like London, Manchester, and Edinburgh. This service addresses diverse dietary needs through customizable meal options, enabling organizations to seamlessly provide lunches, snacks, or meals for meetings, enhancing the overall workplace food experience. In the most recent fiscal year 2023, City Pantry Limited reported a revenue of GBP 9,917,290.
30, with an EBITDA of GBP -4,228,230. 10. Following the acquisition by Just Eat Holding Limited, City Pantry Limited's growth strategy revolves around enhancing its market presence in the UK and exploring potential expansion into European markets. The recent funding will support the development of new product offerings designed to optimize workplace food solutions and enhance customer service.
City Pantry aims to leverage its relationship with Just Eat to broaden its service capabilities and adapt to emerging market demands.
Current Investors
ACF Investors, Funding London, True
Primary Industry
Internet
Sub Industries
Courier & Delivery Services, Food & Beverage Distribution, Web Applications, Search Engines
Website
www.citypantry.com
Verticals
E-commerce
Company Stage
Acquired
Total Amount Raised
Subscriber access only
City Pantry Limited - timeline of key events

City Pantry Limited - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 3,333,423 | 1,659,329 | 2,825,485 | - | - | - |
| % Revenue Growth (YoY) | - | (50.2%) | 70.3% | - | - | - |
| EBITDA (USD) | (6,972,217) | (6,953,696) | (6,170,836) | - | - | - |
| Operating Income (USD) | (7,016,296) | (8,415,942) | (7,862,448) | - | - | - |
| Operating Margin | (210.5%) | (507.2%) | (278.3%) | - | - | - |
| % EBITDA Margin | (209.2%) | (419.1%) | (218.4%) | - | - | - |
| NET Income (USD) | (7,172,304) | (8,160,830) | (7,617,249) | - | - | - |
| % Net Margin | (215.2%) | (491.8%) | (269.6%) | - | - | - |
City Pantry Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | City Pantry Limited | - | ||||||||
| Series A | Completed | City Pantry Limited | - | ||||||||
| Seed | Completed | City Pantry Limited | - | ||||||||
| Seed | Completed | City Pantry Limited | - |
Displaying 1 - 4 of 4
City Pantry Limited - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.