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Bartlett Mitchell sees 18% rise in pre-tax profits

Bartlett Mitchell sees 18% rise in pre-tax profits

Boutique caterer Bartlett Mitchell saw a rise in pre-tax profits of 18% for the 12 months to 25 October 2013.

In documents files at Companies House, the firm reported profit before tax of £380,743 for the period, up from £322,604 the year before.

The company also said that despite the continuing global financial challenges and harsh economic climate, it was pleased to report an increase in annual turnover, which was up 7.29% to £19.2m (2012: £17.9m).

The improvement was credited to new business wins, client satisfaction and contract retentions.

Managing director Wendy Bartlett said: "The company's growth has all been organic, without the need for any acquisitions, and it has also been funded without borrowing so the company is debt-free. This has given us the financial freedom to invest in the services and team development that enhances our offer to clients and keeps our team happy and motivated, and we will be continuing with this investment for the year ahead too, particularly in culinary development, IT and training.

Commenting on the company's position going forward Ian Mitchell, chairman of Bartlett Mitchell, added: "The main risks facing the industry are the current economic climate and intense competition.

"The company is aware of the need to maintain the high quality of its products and regularly wins awards for its food and its service."

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