bartlett mitchell, one of the UK’s leading independent caterers, has today announced a 11% increase in turnover for the period ending 31st October 2017.
The company, now recording a £39m overall turnover, has also posted a 42% growth in pre-tax profit – rising from £619,000 to £885,000.
Growth has been entirely organic at the company, which has on average has grown by more than 10% each year over the last seven years, and doubled turnover from £19m since 2013.
Over the last year bartlett mitchell has secured significant contracts across the UK, including major wins with Man Group and global law firm Freshfields Bruckhaus Deringer. It has also maintained its 98% contract retention rate.
As the company has expanded it has also continued to invest in its people, employing more than 750 team members across its operations.
bartlett mitchell launched a major new Leadership programme, introduced a BM mentoring scheme, and developed its BM FOODIE awards and first Barista Championships during the reporting period. It also retained its ‘Best Companies To Work For’ one-star status.
As well as its major contract wins, the company can attribute its growth to the roll-out of new concepts such as Food To Go and Health Kitchen and extending its vegan and vegetarian food offers. It has also seen its ethically and sustainable Perkee Coffee brand reach the 500,000 sales milestone.
This year bartlett mitchell also launched its BM Inc programme, which offers opportunities to new talent and businesses coming through the supply chain.
Wendy Bartlett, founder and chair, bartlett mitchell, said: “We have had another incredible year and I couldn’t be prouder of what we’ve achieved. Our growth isn’t just about winning new business. We are seeing so much innovation, passion and creativity coming through our teams on a daily basis, and it’s clear that we have a really superb foundation that helps us succeed.
“We are really pleased about some of the brilliant new partnerships we’ve forged with new clients and we are just as proud of the work we are doing with our existing ones.
“We are very aware of the current economic backdrop and the broader issues our industry could be facing so we are keen to do what we can to ensure that we keep growing while continuing to offer opportunities to young people and new businesses to enter our industry.”