Former Dragons' Den star Sarah Willingham’s cocktail bar business has reported “record” results over the Christmas period. The entrepreneur said this was despite the decision by rail unions to stage strike action during key trading weeks for the hospitality sector.
The AIM-listed Nightcap group, which owns the Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars, posted revenue of £12.9m in the second quarter of the current financial year.
This reflected a 61% increase on the £8m recorded in the same quarter in 2022 and a 4.7% like-for-like increase. Revenue for December was £5.9m, a 72% rise on the £3.4m made in the same month a year earlier, a like-for-like increase of 28%.
