Loungers PLC
About
Loungers Plc engages in the provision of café and bars business. It offers dietary preferences, brunch, sandwiches and Panini, salads, burgers, mains, tapas, sides, puddings, cakes, cocktails, wines, beer and ciders, tea, coffee, milkshakes, juices, soft drinks, smoothies, and homemade drinks. The company was founded by David James Reid, Alexander Morton Reilley and Jacob Bishop on August 29, 2002 and is headquartered in Bristol, the United Kingdom.
Growth
Loungers PLC is a high growth company in the all-day hospitality sector. With record revenue in 2023 and consistent overall sales growth year-on-year, Loungers has shown industry-leading performance in like-for-like sales. The company has passed landmark site openings and plans to open at least 600 lounges across the UK, demonstrating a proven roll-out model for expansion. Loungers boasts three distinct but complimentary brands and attributes its success to its all-day dining offerings.
Achievements
Loungers PLC has achieved significant milestones in its history, including record revenue in 2023, overall sales growth year-on-year, and industry-leading like-for-like sales performance. The company has successfully opened numerous new sites and plans to expand further by opening at least 600 lounges across the UK. Loungers has raised over £24k for Macmillan Coffee Morning and over £150k for local charities through its annual fundraising event LoungeAid. The company's audited results for the 53 weeks ended 21st April 2024 have been announced, showcasing its financial performance and growth.
Case Studies
Loungers PLC has been involved in impactful projects such as fundraising for charity through events like Macmillan Coffee Morning and LoungeAid, showcasing its commitment to community engagement. The company's all-day dining offerings have been a key driver of its success, leading to record revenue in 2023 and consistent overall sales growth year-on-year. Loungers' proven roll-out model has enabled it to pass landmark site openings and plan for further expansion across the UK.
Key Events
Key events in Loungers PLC's history include record revenue in 2023, industry-leading like-for-like sales performance, and passing landmark site openings. The company has raised funds for charity through events like Macmillan Coffee Morning and LoungeAid, demonstrating a dedication to community engagement. Loungers' audited results for the 53 weeks ended 21st April 2024 have been released, highlighting its financial performance and growth trajectory. The company continues to focus on expansion and innovation in the all-day hospitality sector.
Socials
Website
Founded
-
Operating Status
Active
Industry
Leisure/Arts/Hospitality
headquarters
Address
26 Baldwin Street Bristol Bristol BS1 1SE United Kingdom...
Country
United Kingdom
Employees
-
Key People
Robert Darwent (Non-Executive Director)
Nicholas Charles Elliot Collins (Chief Executive Officer & Director)
Eve Bugler (Chief Operating Officer)
Revenue
283.51 M
Operating Income
Stock Price
254.00
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Loungers PLC
-
Website
-
Founded
-
-
Industry
Leisure/Arts/Hospitality
-
Address
26 Baldwin Street Bristol Bristol BS1 1SE United Kingdom...
-
Country
United Kingdom
-
Number of employees
-+
-
Revenue
283.51 M
About Loungers PLC
Loungers Plc engages in the provision of café and bars business. It offers dietary preferences, brunch, sandwiches and Panini, salads, burgers, mains, tapas, sides, puddings, cakes, cocktails, wines, beer and ciders, tea, coffee, milkshakes, juices, soft drinks, smoothies, and homemade drinks. The company was founded by David James Reid, Alexander Morton Reilley and Jacob Bishop on August 29, 2002 and is headquartered in Bristol, the United Kingdom.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
