7. JESTIC LIMITED

Jestic has amassed one of the most enviable foodservice equipment portfolios in the UK market, comprising leading brands such as Henny Penny, Rotisol, Josper, Vitamix, Woodstone and, more recently, Rosinox and Sveba-Dahlen.

Its offering places particular emphasis on the design and supply of the latest innovations in open kitchen and theatre-style cooking, catering to a trend that is evident in both the independent and chain sides of the market.

Jestic’s appearance on this list is testament to how rapidly it has grown in recent times.

Up to five years ago it was only required to publish small company accounts with Companies House, but a major turning point came in 2013 when it acquired Servequip Assistance (UK) Ltd, giving it an entry point into the repair, servicing and maintenance of catering equipment.

All the assets from that business were rolled into Jestic in 2014, which is why its turnover rocketed from £11m to £17m in the space of a year. Since then its growth has been more measured, but impressive nonetheless.Jestic 2016 TurnoverIn 2016 it posted a 3% rise in turnover to £20.65m, the second successive year that it exceeded the £20m revenue mark.

Operating profit fell by two-thirds to £544,000, but the directors said in a review of the business published alongside the accounts that the performance was in line with expectations given the impact of exchange rate fluctuations on gross margin.Jestic 2016 Operating profit

Infrastructure investments mean it can now offer operators access to one of the most comprehensive test kitchens in the industry at its Kent HQ.

2016 Vital Statistics

Turnover: £20.65m (+3%)
Operating profit: £544,316 (decrease on previous year)
Employees: 98
Ownership: The ultimate controlling party of the company is MR Beesley Esq.
Financial year end: 31 September

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