Thorley Taverns has recorded an increase in turnover from £6.7m in 2021, to £13.4m for the full year to 30 June 2022.

Gross profit stood at £9.6m, up from just under £4.9m, but profit after tax was down from £882k to £158k, according to its latest accounts filed at Companies House.

The Kent-based business, which operates 19 sites, 15 of which are freehold, said it believed it was well placed moving forwards, operating an “eclectic mix” of premises, including pubs, restaurants and hotels.

It said its performance through recent difficult conditions had shown that it could continue to survive under adverse economic conditions, and noted that the availability of low priced alcohol in supermarkets would continue to be an important element of these challenging trading conditions.

Thorley Taverns said it continued to roll out its new EPOS system across its estate, in order to enable customers to order remotely via its app, “which has assisted with sped of service, an improved gross profit margin and a simplification for both customers and staff alike”, director Philip Thorley said.

Speaking to MCA in August last year, Thorley said the favourable weather had contributed to a strong summer for the pub business, but the threat of high energy prices was a cause for concern.

Despite a weaker summer of staycations last year, the 19-strong business, whose venues are located across the Kent coast, enjoyed “a very good summer”, with the biggest defining factor being “Mr Sunshine”.