21 April 2017 | Herpreet Kaur Grewal
Independent London caterer Vacherin has reported annual turnover for the year ended 31 August 2016 of £17.2 million, a rise of 14.4 per cent over the previous year.
The company states that this is the fourteenth consecutive year of rising turnover, driven entirely from organic growth
The results follow a year in which the company “completed the most significant senior team restructure in its history”, according to executive finance director Clive Hetherington. The restructure saw founder Mark Philpott become chairman and commercial director Phil Roker take over as managing director.
Vacherin has introduced sustainability initiatives such as becoming a zero-waste-to-landfill company by sending 5,000kg of coffee grounds to be converted to biofuel and serving 3,900kg of cosmetically rejected fruit and vegetables.
Chairman and co-owner Mark Philpott said the company had spent three years strategically building its new team. “The investment we have made in restructuring the business will allow us to grow even more whilst maintaining our commitment to our core values.”