Food & Fuel turnover up

Start a new threadBy The PMA Team , 02-Jul-2009

Related topics: Company & City News

Jones: optimistic for the future

Jones: optimistic for the future

Food & Fuel, the 10-strong London gastropub operator led by Karen Jones, has reported a doubling of turnover in the year after it bought the five leasehold pubs owned by Front Page.

 

Turnover jumped from £3.9m in the 51 weeks to 2 June 2007 to £7.6m in the 52 weeks ended 1 June 2008.

 

The group made an operating profit of £62,785 in its most recent year compared to a loss of £404,934 the year before. However, the loss on ordinary activities before tax, after interest and dividends, was £351,017 compared to £722,438 the year before.

 

A statement said: "During the 52 weeks ending 1 June 2008, the enlarged group has traded successfully.

 

"The directors are satisfied with the progress the company has made, and look forward to the future with some optimism."

Find us on Facebook

Spotlight

The cost of Premier League copyright violation

The cost of Premier League copyright violation

There is a saying that lightning never strikes twice in the same place, but if you are...

David Beckham to launch a whisky

David Beckham to launch a whisky

David Beckham is to launch a whisky in partnership with Diageo.

Explosion in e-cigarette use presents dilemma for pub operators
Feature

Explosion in e-cigarette use presents dilemma for pub operators

It’s the biggest thing to happen to smoking since the ban. Electronic cigarettes (or e-cigarettes) are on...

Speak up if you're suffering

Speak up if you're suffering

Depressed and overworked licensees should seek help, argues Pete Brown.

Follow us on