Wholesaler JJ Food Service has announced record pre-tax profits of almost £12m, with sales of over £181m.
For the year ended 31 March 2015, the company saw pre-tax profits of £11.97m, which marks a 55% increase on the previous year.
Much of this profit has been re-invested in the business, including £10m spent on two new branches, with one expected to open in Newcastle in early 2016, and another in Dagenham due to open by summer. This will bring the group's estate to 10 sites across the UK.
The group has also spent £500,000 on solar panels to help power its Enfield and Sidcup branches, and plans to roll out the technology across all its branches in future. It has also invested in its software system, FOODit, which was first developed in 2013, and aims to help independent restaurants perform better online.
Managing director Mustafa Kiamil commented: "Our increase in profit is down to being able to source high-quality products from the UK and the rest of the world at competitive prices.
We have also continued to increase efficiencies and achieve significant cost savings by investing in technology."
A family-owned company, JJ Food Service currently delivers from eight branches around the UK to coffee shops, pubs, restaurants, hotels, quick-service restaurants, schools and local authorities. It accepts online orders, and can arrange next-day delivery for any orders made before 9pm.
It recently announced the expansion of both its fresh fruit and veg range and frozen fish range in response to higher demand, and also announced new smaller pack sizes for fresh lamb and chicken in a bid to support smaller caterers and retailers.
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