Capital Pub Company, the London-focused managed operator, has announced record financial results plus the acquisition of its 15th London freehold pub. Profits for the company, founded four years ago by David Bruce and Clive Watson, grew 29% to £863,000, on sales up 24% from £6.7m to £8.3m.. Announcing the results, Bruce, chief executive, revealed that the group had, through its second Enterprise Investment Scheme company - Capital Pub Company II - acquired The Tea Clipper in Knightsbridge for an undisclosed sum. The acquisition follows the recent purchase of The Mitre in Greenwich, south east London, for £3m. Watson, finance director, said: "We are delighted that our initiative to develop a new London group of freehold pubs, which are unthemed, non-branded and serve their local communities is working so brilliantly."