Wednesday 3 July 2013

Brewdog results

From http://iansaleadventures.blogspot.com/

Brewdog have just published their results for 2012 at Companies House and they show an 80% increase in sales - up to over £10m. now. Export sales - mostly to Europe - were up 70% to over £4m. Their Gross Profit stayed at the same percentage, but pre-tax profits increased by just £62K to £486K.

2012 was the year of the huge investment in new facilities at Ellon, plus 6 new beer bars - a total investment of well over £7m. No dividends were paid and the company remains under the control of Messrs Watt and Dickie, who managed to have their personal guarantees to the bank removed.

The number of employees doubled to 126 and Directors' Remuneration almost trebled to £142K.

Whoever was responsible for filing their accounts inadvertently included some detailed Trading Account information, which is not required to be filed.

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