Gordon Ramsay’s UK restaurant division reported a loss of £5.8m for the previous year, an improvement from the £9.4m loss recorded in the prior period. Despite these ongoing financial struggles, the business reached a significant milestone as annual sales surpassed £100m for the first time, rising 3% to reach nearly £101m.
The company, which manages 34 domestic locations such as the Savoy Grill, Pétrus, and various Lucky Cat branches, attributed its performance to high-profile initiatives. Chief executive Andy Wenlock noted that trading was bolstered by the February release of the Netflix documentary *Being Gordon Ramsay* and the launch of the group’s 100th global restaurant at 22 Bishopsgate in London. This venue, which houses Bread Street Kitchen & Bar, serves as a primary driver of recent growth. It is one of several restaurants on the upper levels of the 22 Bishopsgate tower.
Despite what the executive described as a “challenging macro environment,” Wenlock remains optimistic about the firm’s trajectory into 2026, citing “strong momentum and clear priorities.” These goals center on boosting profitability, maintaining disciplined investment in existing assets, and expanding internationally through strategic partnerships. While the company saw positive results, no dividend was issued to shareholders. And accelerating international growth through experienced partners”, those aims include improving profitability and “maintaining disciplined investment in our owned estate.
On a global scale, the broader organization—which now includes the US operations co-owned with Lion Capital—reported a 7% increase in sales to a record £151.8m. Underlying profits for the wider group rose 12% to £14.4m. This global expansion features new licensed ventures, including Gordon Ramsay Steak in Vancouver and Hell’s Kitchen in Ibiza, alongside various projects across Asia and the Middle East. According to globally, the company which operates 103 restaurants including the UK group, increased sales by 7% year on year to a record £151.8m as it wrapped in Ramsay’s US business, which is now co-owned with the investment group Lion Capital, and it, “resilient” growth at established outlets.
The group’s strategy is increasingly shifting toward licensing, franchising, and management agreements to fuel further growth. Since the pandemic, which previously forced the closure of operations and the loss of nearly 300 jobs amid £12m in deficits, the business has undergone a significant recovery. Ramsay, who launched his first solo project in Chelsea in 1998, has navigated a difficult path to profitability for his restaurant empire over the past several years.
Looking ahead, the leadership remains focused on guest experience across its brand portfolio. Wenlock emphasized that the UK market continues to offer ample opportunities for creativity and growth, noting that the success of the past year stands as a testament to the dedication of the entire team. “We remain positive about the UK market which is home for us,” he said. “Regionally and [in] London it is still full of opportunity, creativity and amazing talent.”.
