Highfield Garden World reveals major investment and new restaurant plans

by | Dec 5, 2019 | Independents, News | 0 comments

Highfield Garden World

Highfield Garden World has revealed how an increase in profits and footfall has helped with new restaurant plans.

Its annual figures for 2019 reveal turnover grew from £6,848,248 in 2018 to £7,389,066 in 2019. Footfall is up, profits also rose, there is £3.7 million-plus of cash in the bank and £6 million-plus of equity.
Tim Greenway, director of Highfield Garden World, reveals the business believes it can continue to make progress.
“Favourable weather early in the year resulted in strong growth. Especially compared to the Beast front the East weather in early 2018,” said Tim.
“2019 has seen improvement in trading. Both turnover and gross profit shows growth year-on-year. There’s also been a growth in footfall on the year of 5.3 per cent. Membership of our customer loyalty programme now stands at 16,500.”
Previous investment saw the site change to create a restaurant. It overlooks the Severn Vale.
“We have grown to 160 staff, with concessions as well, 170 people working on the site.
“We took the decision four years ago that the business had grown so much that we needed a general manager” said Tim.
“We have planning permission to put in 110 to 120 more car parking spaces. We can extend the restaurant to at least 100 to 150 covers, and add retail space as well,” said Mr Greenway.
“We are very pleased at that will be moved forward in stages. Over the next five years we plan to invest £2 million into the business. The last big spend was £2.5 million, and that was six years ago now. You cannot stand still.”
According to its annual report its core focus remains gardening.

more latest news ➡

GCA Grow recognised at 2024 Totara Awards

GCA GROW platform takes silver at Totara Awards

The Garden Centre Association’s Garden Retail Online Workshops (GROW) e-Learning platform was presented with a ‘Highly Commended’ at the recent Totara Awards. GROW received the accolade in the ‘Best Extended Enterprise Solution’ category and was given a special...

57% of businesses expect never to be cashless

57% of businesses expect to never be fully cashless

Cash is here to stay, with nearly 6-in-10 businesses (57%) expecting to never be entirely cashless despite the widespread adoption of electronic, card and mobile payments. This is according to The Cash Chasm, a new research report from global cash management...

Squire's steady financial results

Squire’s charts a steady course

‘Charting a steady course in marginally calmer waters’ probably best describes Squire’s performance in their financial year ending 31 July 2023, after the somewhat rolling seas of the Covid and immediate post Covid era. This year’s results were, as anticipated, a...

Robert Cook joins Dobbies

Dobbies appoints Robert Cook as board advisor

Renowned hospitality professional, Robert Cook, has joined Dobbies as a board advisor to support the strategic development of its restaurant business. A seasoned hospitality CEO, Robert has led a number of the UK’s hospitality and leisure businesses...

GCA Barometer of Trade figures 'very good'

March BoT figures show a ‘very strong month’ says GCA

The Barometer of Trade (BoT) figures from the Garden Centre Association (GCA) for March 2024 have been revealed and are ‘very strong’ when compared with the same month last year. According to data submitted by the organisation’s member garden centres, none of the...

Rajesh Gupta joins DObbies

Dobbies Garden Centres appoints Rajesh Gupta

Dobbies further strengthens its senior leadership team with the appointment of Rajesh Gupta as Strategy and Business Development Director. Rajesh qualified as a Chartered Accountant with KPMG and has 20 years’ experience in retail working in strategy, business...

Marcus Eyles leaves Dobbies

Marcus Eyles departs Dobbies after seven years

Marcus Eyles has decided to move on from his role as Horticulture Director at Dobbies to pursue a new chapter in his illustrious 40-year career. Marcus joined Dobbies, the UK’s leading garden centre retailer, in 2017 as Head of Online, before progressing to...

Read GCR's latest edition!

Subscribe ToThe Wednesday Word

Subscribe To
The Wednesday Word


Get all the latest news, events & more straight to your inbox every Wednesday.

You have Successfully Subscribed!

Pin It on Pinterest

Share This