Wilson Vale’s audited year-end results for year ending 31st December 2015 show annual turnover at £21.9 million – a nine per cent increase in turnover over the previous year.
The growth has come from a series of high profile new business gains and important retentions throughout 2015.
The addition of Dentsu Aegis Network, a leading global media, digital and creative communications group to the portfolio at the start of 2015 was a strategically important gain as it strengthened the caterer’s presence in the London market.
Wilson Vale opened its first contract in Coventry (The Royal Institution of Chartered Surveyors) and secured two additional contracts with Tarmac, taking the caterer into the South West and the North East.
The independent caterer’s educational portfolio expanded with the addition of several high profile schools and colleges, including Ruskin College in Oxford.
Andrew Wilson, co-founder and managing director of Wilson Vale, said:” 2015 was a significant year for us. To grow organically within the foodservice sector you have to remain true to your core values. Retention and extension of business is particularly valuable because it shows the relationships we have with our clients and customers. We continue to maintain an operationally driven culture, balanced with a strategy of low risk and carefully managed growth.
”Looking ahead, sales performance for our first quarter presents a very encouraging outlook for this financial year also.”
Wilson Vale is currently on course to reach its budgeted turnover figure of £23 million for 2016.
New catering gains year to date include a contract with Sepura, a global leader in the design, manufacture and supply of digital radio products, systems and applications, at the company’s new corporate headquarters at Building 9000 in Cambridge Research Park, Cambridge.
Under a three-year contract worth £300K in annual turnover, Wilson Vale now manages a breakfast, lunch and busy hospitality service for approximately 450 Sepura employees within the building.
Since the contract opened officially on 4th January 2016, sales are running 35% ahead of budget due to uptake of the new service.