The Cornish Bakery Shops Limited

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The Cornish Bakery Shops Limited - overview

Established

1994

Location

Bristol, England, UK

Primary Industry

Travel & Leisure

About

The Cornish Bakery Shops Limited is a specialized bakery focused on crafting authentic Cornish pasties and a variety of artisanal baked goods, appealing to customers seeking quality, convenience, and tradition in their culinary experiences. Founded in 1994 by Stephen Grocutt, The Cornish Bakery Shops Limited specializes in producing traditional Cornish baked goods. The company has evolved its operations to cater to both local and international markets, with its headquarters located in Cornwall, England. Stephen Grocutt's entrepreneurial background is instrumental in shaping the bakery's focus on authenticity and quality.


Cornish Bakery specializes in a diverse range of baked goods centered around their signature Cornish pasties, which are offered in multiple flavors including traditional, vegan, and gourmet variations. The company also provides an assortment of complementary products such as artisanal jams, chutneys, and chocolates, designed to enhance the culinary experience of their customers. The pasties and other baked items serve various end-use cases, including casual dining, celebrations, and takeaway meals, appealing to individuals and families seeking convenient yet quality food options. The products are crafted to evoke the flavors of Cornwall, catering to a clientele that values authenticity and quality in their food choices.


Cornish Bakery operates in multiple geographical markets, successfully distributing their products not only within the UK but also expanding to international customers who seek a taste of traditional Cornish cuisine. Cornish Bakery’s revenue generation is primarily driven through direct-to-consumer sales and online orders, with a particular focus on bulk purchases of their baked goods. The company structures its transactions to include individual product sales alongside larger bundles, such as packs of traditional Cornish pasties or various baked goods, allowing customers to choose based on their needs. Pricing for individual items ranges from approximately GBP 3.


65 to GBP 45, depending on the specific product offering, which includes both single items and multi-packs. The revenue model capitalizes on free shipping for orders over GBP 35, incentivizing larger purchases. This strategic pricing and product structure aim to enhance customer loyalty while accommodating a range of consumer preferences and market demands.


Primary Industry

Travel & Leisure

Sub Industries

Restaurants & Nightlife, Travel & Leisure

Website

www.thecornishbakery.com

Total Amount Raised

Subscriber access only

The Cornish Bakery Shops Limited - timeline of key events

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The Cornish Bakery Shops Limited - financials

Fiscal Year EndedNov 26, 2017Dec 02, 2018Dec 02, 2019May 28, 2020May 28, 2021May 26, 2022Jun 01, 2023
Revenue (USD)11,508,39913,712,606-17,502,827---
% Revenue Growth (YoY)-19.2%-----
EBITDA (USD)1,291,0631,472,420-933,327---
Operating Income (USD)824,292818,384-(199,949)---
Operating Margin7.2%6.0%-(1.1%)---
% EBITDA Margin11.2%10.7%-5.3%---
NET Income (USD)526,969440,396-(437,959)---
% Net Margin4.6%3.2%-(2.5%)---

The Cornish Bakery Shops Limited - employee data

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