Bill’ s Restaurants reports full year turnover of £ 110.5m
22
| Hospitality Today | Feb / March 2017
Over 82 % of all English catering and hospitality businesses have a hygiene rating of 4( good) or 5( very good). A different scheme is used in Scotland2.
Wales and Northern Ireland have already subscribed to mandatory display of food hygiene ratings schemes3, with new legislation set to come into force in England by 20194, and a comparable Scottish scheme likely to follow suit4. Mandatory display means any outlet that serves or sells food must display its score in a prominent place such as the front door or window.
Running in Wales since 2013, the mandatory ratings display scheme has been hailed by its Deputy Health Minister as a big success story, helping to drive up industry standards – so much so that the number of businesses with the highest rating of 5,‘ very good’, has risen to 60.8 % in November 2016 from 45 % prior to the legislation coming into force. 5
The NFU Mutual report found that a law for compulsory display of rating stickers in England and Scotland has gained the support of consumers, with 88 % in favour, and 66 % strongly so.
Bill’ s Restaurants reports full year turnover of £ 110.5m
Bill’ s Restaurant group has increased its turnover by 20.5 % to £ 110.5m for the 12 months ending 31 July 2016. The company achieved an adjusted EBITDA of £ 13.5m.
The growth is largely the result of nine new site openings, including Greenwich & Sevenoaks.
2016 was a year of leadership and team consolidation for Bill’ s including the appointment of CEO Mark Fox who joined the business in May 2016 from Starbucks.
Fox comments:“ 2016 was a strong year for Bill’ s against a challenging backdrop of cost and macroeconomic headwinds. Christmas trading was particularly strong, with like for like sales up just under 10 %.
“ We’ re in a strong place to innovate in 2017, introducing new menus, a mobile app, and evolving our award winning restaurant design.
“ We’ ll also be testing a new grab and go format to allow the freshness and seasonality of Bill’ s to meet the demands of an increasing group of customers looking for the convenience of a quick bite to eat during the working day.”
Bill’ s Restaurant, The Bullring, Birmingham