Caterer Wilson Vale sees big increase in turnover
Independent event catering company Wilson Vale has been ranked in eighth place in the annual AlixPartners Foodservice Growth Report after seeing turnover increase 16.2%. The annual report is lists the UK’s top 20 best performing companies within the UK foodservice sector.
2019’s ranking brings Wilson Vale up six places on last year.
Ashby-based Wilson Vale is also one of only two operators, the other being Westbury Street Holdings, to appear on the listing for the seventh consecutive year since it was introduced in 2012.
On top of the increase in turnover, the report shows that Wilson Vale achieved 18.3% compounded annual growth in adjusted operating profit between 2016 to 2018.
The caterer has a portfolio of 99 clients, mainly within the corporate sector, conference venues and independent education. Turnover is forecast at £35m for year-end December 2019.
Andrew Wilson (pictured left), co-founder of Wilson Vale, said sector: “It’s a great honour to appear on this listing again this year, and particularly, to be in such good company. While many of our competitors have gone down the acquisitions route, our strategy of steady and organic growth continues to drive our success and reputation.
“Seven years on since the report was first launched, there have been many changes in our business as we are constantly evolving and improving but what has remained consistent is our focus on relationships, craft skills, people development and a bespoke offer.”
Graeme Smith, managing director of AlixPartners, added: “Another excellent performance by Wilson Vale this year to continue its ever-present status in our annual report. This is a great achievement in what is a dynamic and competitive marketplace and speaks to the value that clients place on consistency and quality.”