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West Cornwall Pasty Company

From Wikipedia, the free encyclopedia
Fast food chain in the United Kingdom

West Cornwall Pasty Company
West Cornwall Pasty Company, Albion Place,Leeds
Company typeSubsidiary
IndustryRestaurant
GenreFast-food
Founded1998
FounderKen Cocking & sons, sisters Victoria and Sarah Barber
Area served
United Kingdom
OwnerSamworth Brothers
Websitewestcornwallpasty.co.ukEdit this at Wikidata

West Cornwall Pasty Company (styled asWest Cornwall Pasty Co.) is afast food chain in the United Kingdom specialising in making and sellingpasties. The company was established in 1998 and has been owned byMark and David Samworth since 2017.[1][2]

History

[edit]

West Cornwall Pasty Company was launched in 1998 by Ken Cocking, a serial entrepreneur, along with his sons, Arron and Gavin, and Mark Christophers.[3] The first store was opened in Chippenham, Wiltshire, and the firm was initially financed by family and friends.[4] After nine years, Cockings sold the company to its management for £40 million in October 2007.[5]

At the time, the company had four hundred staff in 55 establishments of various types.[5] By July 2013, it was reported to employ around 450 staff in eighty locations, including eighteen in London.[6] Thepasty was originally a portable meal of meat and potatoes in a pastry case, made for tin miners in Cornwall to take underground.[4]

In April 2014, the private equity house Gresham, the owners of the company, put it into administration, blaming its failure on the government's decision tocharge VAT on pasties. The company was subsequently sold to anotherprivate equity fund,Endless, backed byDanny Mills, formerLeeds United F.C. and England footballer, and others. Losses were reduced by expanding the company's range and by taking a more targeted approach, concentrating on outlets such as railway stations and sports venues. The firm boosted the range of own brand coffees that it sells, to try to get each customer to spend more in each transaction.[7]

Endless sold the business in 2017 toSamworth Brothers,[8] who already owned theGinsters pasty brand. At that time there were 33 shops and 19 franchises at motorway service stations.[9] The company states that its pasties are still made in west Cornwall.[10]

In what was described as a temporary measure, all the company's shops closed in March 2020 in response to theCOVID-19 pandemic.[11] In the last quarter of that year, Samworth decided to close the shops permanently as they were "unviable".[12] The brand continues to be sold through other retailers at locations including motorway service stations[13] and railway stations.

References

[edit]
  1. ^Warnes, Sophie (25 March 2015)."Buy these 11 things and you are unwittingly funding the Tories".mirror. Retrieved18 March 2018.
  2. ^"Ginsters' £100,000 government donation during 'pasty tax' – British Baker".bakeryinfo.co.uk. Retrieved18 March 2018.
  3. ^Barton, Lyn (12 April 2014)."Jobs saved as troubled pasty firm snapped up". Retrieved20 February 2015.
  4. ^abButler, Sarah (11 April 2014)."Former footballer Danny Mills helps save West Cornwall Pasty Company".Guardian. Retrieved12 August 2016.
  5. ^abMurchie, Kay (12 October 2007)."West Cornwall Pasty Co sold for £40 million". Investment Markets. Retrieved7 July 2013.
  6. ^"West Cornwall Pasty Company - About Us". West Cornwall Pasty Company. Retrieved7 July 2013.
  7. ^Anderson, Elizabeth (6 January 2016)."West Cornwall Pasty Co reins in losses following administration".The Telegraph. Retrieved12 August 2016.
  8. ^"Samworth acquires West Cornwall Pasty Company - British Baker".bakeryinfo.co.uk. Retrieved13 April 2020.
  9. ^Bradshaw, Julia (3 January 2017)."Samworth Brothers gobbles up West Cornwall Pasty Company".The Telegraph.ISSN 0307-1235. Retrieved29 September 2018.
  10. ^"Cornish Soul".West Cornwall Pasty Co. Retrieved29 September 2018.
  11. ^"Covid-19 - Temporary Closure".West Cornwall Pasty Company. 23 March 2020. Retrieved3 September 2020.
  12. ^Telford, William (6 October 2021)."West Cornwall Pasty Company's £7.1M loss sees Ginsters' owner fall into £31.6M deficit".Plymouth Herald. Retrieved6 February 2024.
  13. ^"West Cornwall Pasty".Moto Motorway Services. Retrieved6 February 2024.

External links

[edit]
Casual dining
Fast food
Baked goods
Coffee shops
Dairy
Pub chains
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