Parfetts’ turnover has increased to £733m from £696m for the year ending 30 June 2025, with the company expecting it to surpass £1bn within the next three years.
As an employee-owned wholesaler, the company is awarding its workforce the maximum 4% sales bonus for the year, in addition to a 12% profit share bonus paid last year, with another profit share distribution planned for later in 2025.
“Our people are the heartbeat of Parfetts,” said joint managing director Guy Swindell. “It’s their hard work, passion and commitment that fuels our growth. The employee ownership model gives us a powerful platform to reward that effort, attract great talent and deliver the best service to our retailers.”
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Earlier this year confirmed that it will now achieve national coverage aross England and Wales after it secured a 113,000 sq ft depot in Southampton that will enable it to deliver across the south coast and into greater London area.
The facility will be its 9th depot and follows its Birmingham facility, which opened in 2023. This new investment will create over 100 new jobs and support the expansion of its symbol groups, with the wholesaler closing in on its target of 2,000 stores across its network.
