Richard Wellock & Sons Limited
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Richard Wellock & Sons Limited - overview
Established
1961
Location
-, -, UK
Primary Industry
Food
About
Richard Wellock & Sons Limited is a UK-based fresh food distributor specializing in high-quality ingredients for the hospitality industry, serving chefs and restaurateurs across the country. Richard Wellock & Sons Limited was founded in 1961 as a fresh food distributor. The company has not undergone significant pivots or changes in strategy. It is independently operated and is not a subsidiary of any parent company.
Headquartered in the UK, Wellocks was founded by Richard Wellock, who has built a solid reputation in the food distribution sector. Wellocks is a prominent UK fresh food distributor specializing in sourcing and delivering high-quality ingredients to the hospitality industry. Their main product offerings encompass a diverse range of produce, including ambient, chilled, frozen foods, and non-food items, catering primarily to chefs and restaurateurs. The company connects its customers with a network of independent growers and producers, ensuring access to exceptional quality and flavor, from everyday staples to unique, exotic ingredients.
Wellocks primarily serves clients in the UK and has established a significant presence in the high-end restaurant sector, providing an array of products designed to support culinary creativity and excellence. Their commitment to quality is evident through their partnerships with various producers, enhancing the dining experience for end consumers across the country. Wellocks operates on a business-to-business (B2B) model, facilitating transactions primarily through direct sales to restaurants, catering companies, and food service providers. The revenue structure is based on individual orders placed through their online ordering platform, where clients can select from their extensive range of products.
Clients benefit from strong relationships with Wellocks, often establishing recurring orders to maintain their kitchens' ingredient needs. While specific pricing plans and financial details are proprietary, the company's focus on quality ingredients aligns with premium pricing strategies typically associated with gourmet food distribution. Their flagship offerings include an assortment of fresh produce and specialty items that appeal to the high-end culinary market, underlining their role as a vital partner in the gastronomic landscape of the UK.
Primary Industry
Food
Sub Industries
Other Food Products, Food
Website
WELLOCKS.CO.UK
Total Amount Raised
Subscriber access only
Richard Wellock & Sons Limited - timeline of key events

Richard Wellock & Sons Limited - financials
| Fiscal Year Ended | Oct 31, 2017 | Oct 31, 2018 | Apr 27, 2019 | Apr 25, 2020 | Apr 24, 2021 | Apr 30, 2022 | Apr 29, 2023 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 54,683,000 | - | 92,788,000 | 62,138,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - |
| EBITDA (USD) | 4,218,000 | - | 4,320,000 | (236,000) | - | - | - |
| Operating Income (USD) | 3,309,000 | - | 2,846,000 | (1,581,000) | - | - | - |
| Operating Margin | 6.1% | - | 3.1% | (2.5%) | - | - | - |
| % EBITDA Margin | 7.7% | - | 4.7% | (0.4%) | - | - | - |
| NET Income (USD) | 2,620,000 | - | 1,771,000 | (1,414,000) | - | - | - |
| % Net Margin | 4.8% | - | 1.9% | (2.3%) | - | - | - |
Richard Wellock & Sons Limited - employee data


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