Hospitality Awards
Brakspear’s ‘top tenants’ rewarded for their ‘excellence’ at Hospitality Awards
Hosted at the Crooked Billet in Stoke Row, eight tenants received a commemorative plaque and a £500 prize in recognition of their’ ‘excellence’ in different categories.
Among the eight categories, Howard Witten and Jo Wredden, operators at the Crooked Billet, in Wokingham, Berkshire, were given the Best All-Round award.
Rewards for ‘top tenants’
Adam Purdy, winner of Best Newcomer award, at the Horns, at Crazies Hill, Berkshire, said: “Receiving this award shows our commitment and hard work has paid off, none of which would have been achieved without our excellent team and our fantastic customers.
“We’re very proud to win this award and look forward to many more years here at the Horns.”
Brakspear’s chief executive, Tom Davies, said: “We take our annual wards very seriously. All nominations were thoroughly scrutinised and we employed external experts to judge the shortlisted pubs in three categories.
“Our winners should be very proud of their victory and we hope they all maximise it to boost their presence locally.”
He added: “I was particularly pleased to be making awards to long-standing tenants as well as to some who have joined Brakspear more recently.
“Whether you’re an old hand or new to the industry, you can turn your pub into an award winner.”
Financials at a Glance
- Turnover: up almost 13% to £22.4m.
- Profit: up 19% to £6.9m
- Investment: £7.4m in its pub estate
‘Strong results’
JT Davies & Sons, parent company to Brakspear, recently announced its end-of year-results for for the 12 months ending in December last year, with turnover up by almost 13% to £22.4m.
Operating profit increased by 19% to £6.9m and profit, before tax and exceptional items rose by 26% to £5.3m.
Profits grew due to the company’s expanding managed house division, with turnover up by £2.1m to £5.7m, as well as from a 2% uplift in turnover from the tenanted and leased estate.
Last year Brakspear bought one pub, the Frogmill Inn, near Cheltenham, Gloucestershire, and sold two, the Half Moon in Cuxham and the Sow & Pigs at Poundon near Bicester, both in Oxfordshire.
The company invested a total of £7.4m in its pub estate and employed a total of 221 people across its head office and managed pubs.
