Approved Food Net Worth 2024 Update (Before & After Dragons’ Den)
Approved Food, A website that sells food past its use-by date, was started by Andy Needham and Dan Cluderay in 2008. As of January 2024, Approved Food net worth is £40 million and they’re pulling in a whopping £22.5million in annual revenue.
In 2015 they appeared on Season 12th of Dragons’ Den UK seeking £150,000 for 10% of equity valuing the company at £1,500,000. The pair were very nervous and the pitch did not go well. During their pitch, the pair explained that the business would lose £100,000 due to guaranteed loans they have taken out.
They are still in business. You can buy their product on the company website.
Approved Food Net Worth
Net worth | £40 million |
Annual Sales Revenue | £22.5million |
Profits | N/A |
Lifetime sales | N/A |
Investor | N/A |
Founder | Andy Needham and Dan Cluderay |
Employees | 90 |
Approved Food Net Worth Timeline
Net Worth 2024 | £40 million |
Net Worth 2023 | £40 million |
Net worth valuation 2015 after appearing on Dragons’ Den | N/A |
Net worth valuation 2015 before appearing on Dragons’ Den | £1.5 million |
Approved Food Pitch on Dragons’ Den
Company name | Approved Food |
Product | A website that sells food past its use-by date |
Episode | Season 12 Episode 09 |
Founder | Andy Needham and Dan Cluderay |
Asked for | £150,000 For 10% Equity |
Final deal | No deal |
Dragon / Dragons | N/A |
Location | UK |
Approved Food Founders
Approved Food was founded by Andy Needham and Dan Cluderay in 2008. Entrepreneurs Andy Needham and Dan Cluderay flog clearance stock at a heavily discounted price. Approved Foods founders, Andy Needham’s and Dan Cluderay’s, net worth is unknown as of 2024.
Key accomplishments:
Year | Accomplishment |
2008 | Founded Approved Food |
2015 | Appeared on Dragons Den season 12 |
Conclusion:
From their beginnings on Dragons’ Den to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Approved Food and its continued success.
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