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Signature Restaurants, sandwich shop operator Pret A Manger and contract caterer BaxterStorey, are the UK’s fastest growing private catering companies, according to the Sunday Times Profit Track 100. Signature Restaurants – whose line-up includes Strada, Belgo, The Ivy and Le Caprice – came 11th in the top 100 thanks to its annual profit growth of 110% over the past three years. The group, which was acquired by property entrepreneur Richard Caring last year, has boosted its profits from £508,000 in 2001-2002 to £4.7m in 2004-2005. Pret A Manager was 21st in the table and contract caterer BaxterStorey appeared at 62. The two companies enjoyed annual profit growth of 89% and 66% respectively.
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By Angela Frewin
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