Novus Leisure

Novus Leisure owns and operates 52 bars and nightclubs throughout Britain, including TigerTiger and Abacus in London. It also owns the booking website Latenightlondon.co.uk. Last year, LGV Capital and Hutton Collins backed a management buyout valuing the company at £100m. Chief executive Steve Richards, 45, who is now stepping down, saw profits more than double to £7.3m in 2012.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2013
Rank243
CompanyNovus Leisure
ActivityBar operator
LocationCentral London
Sales £m†131.2
Operating profit £m†7.3
Main shareholders100% Hutton Collins and LGV Capital
Staff2,342
Founded2005
Websitewww.novusleisure.com

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda