Fast Track 100

Since its first shop was opened in Soho in 1926 by Madame Valerie, the business has added close to 50 stores in England. The Birmingham patisserie group comprises Druckers, Baker & Spice and, best-known of its brands, Patisserie Valerie. Most famous for its home-made gateaux, croissants and generous portions, the firm wants to be seen as providing an “affordable treat”. In 2006 Luke Johnson and his private-equity company Risk Capital Partners backed a management buyout for £6m. Under chief executive Paul May sales grew 68% a year, from an annualised £7.1m in 2007 to £33.4m in 2010.

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
CompanyPatisserie Valerie
ActivityPatisserie and cafe operator
Annual sales rise over 3 years67.79%
Latest sales £000s33,424

If applicable:

* supplied by company † annualised figure