What type of company is Wetherspoon?
J D Wetherspoon plc (branded as Wetherspoon, commonly known as Spoons) is a pub company in the United Kingdom and Ireland. Founded in 1979 by Tim Martin, the company operates nearly 900 pubs, including the chain of Lloyds No.1 bars, and a growing number of Wetherspoon hotels.
Is Wetherspoon FTSE 250 company?
J D Wetherspoon plc is a member of the FTSE 250 and owns and operates pubs throughout the UK. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices. The pubs are individually designed, and the company aims to maintain them in excellent condition.
How many pubs does the Wetherspoon group have?
Founded in 1979 by Tim Martin and based in Watford, the company operates 925 pubs as of June 2021 . This includes the sub-brand of Lloyds No.1 bars, and around 50 Wetherspoon hotels.
Do you have to be a manager to work at Wetherspoon's?
All the pub locations have their own name alongside the Wetherspoon brand name, but they’re not owned by individual investors. If you are keen to be part of the brand, you could opt to work towards becoming a pub manager. To get there, you will probably need to join Weatherspoon as a shift or kitchen manager.
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Is Wetherspoons privately owned?
The company was founded in 1979 by Tim Martin and is based in Watford. It operates the sub-brand of Lloyds No. 1 bars, and around 50 Wetherspoon hotels....Wetherspoons.Entrance to The Palladium, Llandudno, a theatre converted to pub in 2001Number of employees39,000 (2021)Websitewww.jdwetherspoon.com12 more rows
Who is Wetherspoons owned by?
Timothy Randall Martin (born 28 April 1955) is an English businessman and the founder and chairman of Wetherspoons, a pub chain in the UK and Ireland.
Do Wetherspoons own their buildings?
Unlike most other pubs, Wetherspoons are free houses and are not owned by breweries. This means that the company owns their own buildings and they do not have to buy alcohol from specific breweries charging high prices.
How much is the Wetherspoons chain worth?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. J D Wetherspoon Plc net worth as of October 14, 2022 is $0.68B.
Where is the biggest Wetherspoons in the UK?
RamsgateThere are around 900 Wetherspoon pubs but The Royal Victoria Pavilion is a Wetherspoon pub like no other. It is located right on the seaside in Ramsgate, Kent, and is the biggest Wetherspoon pub. The grade II listed building had been one of the country's most at-risk Edwardian buildings, the company says.
Who owns the most pubs in the UK?
Stonegate Pub Company is the UK's largest pub company, it operates around 4,800 managed, leased and tenanted pubs . It is owned by TDR Capital....Stonegate Pub Company.IndustryHospitalityOwnerTDR CapitalWebsitewww.stonegatepubs.com4 more rows
How is Wetherspoons beer so cheap?
Unlike most other pubs, Wetherspoons are free houses and not owned by breweries. The company owns its buildings and does not have to buy alcohol from specific breweries charging high prices. It is free to shop around for the best prices and pass the savings onto customers.
How much does Wetherspoons make a year?
Financial results for the last 5 yearsIncome Statement:31/07/202229/07/2018Revenue:1,740.481,693.82Operating Profit / (Loss):55.10132.29Net Interest:(6.45)(27.94)Profit Before Tax:26.2789.0058 more rows
Why is it called Wetherspoons?
For the first month of trading, it was called Martin's Free House – after its owner, Wetherspoon's founder and chairman Tim Martin. Then, early in the new year of 1980, the pub was renamed Wetherspoons, after Tim's teacher, who'd taught him at school, when he lived in New Zealand.
Why do spoons not play music?
According to Liverpool Echo, it is reported that boss Tim Martin decided against playing tunes after reading an article by George Orwell, which claimed that a perfect pub would be free from any background music.
How many Wetherspoons are there in the UK in 2022?
The country with the most number of J D Wetherspoon Pubs locations in the UK is England, with 743 locations, which is about 87% of all J D Wetherspoon Pubs locations in the UK.
Where does Wetherspoons food come from?
The beef used by Wetherspoon is sourced from farms in the UK and Ireland operating under quality- assurance schemes which promote best farming practice.
How rich is Tim Martin?
Wetherspoons chairman Tim Martin came under fire this week as some of his 872 branches ran out of beer - but few people realise his £448million net worth started with running just one pub.
How many pubs do Greene King own?
As the country's leading pub retailer and brewer, we welcome our customers into our 2,700 pubs, restaurants and hotels across the UK. Keep up to date with our latest news and learn all about our business in this section.
What does JD stand for in Wetherspoons?
Jefferson Davis Hogg, who was played by Sorrell Booke in the original series, is a corrupt county commissioner in the series. Martin was such a fan of the show, that when opening his first pub in North London he decided to choose the initials of the character.
Who is the CEO of Wetherspoons?
John Hutson (2004–)Wetherspoons / CEO
When did Wi-Fi become available in Wetherspoons?
In 2006, Wi-Fi became available in all Wetherspoons pubs, leading the way for other pubs to follow suit. The following year, a couple got married in The Knights Templar in Chancery Lane, which is still a popular wedding venue today.
What is the company's ethos?
The company’s ethos is that current staff know it better than anyone and thus are best equipped to work as managers. We’re here to talk about investments, not working your way up from being a barman or cook to running a pub. So what other alternatives are there for you?
Does Wetherspoons have Wi-Fi?
The free wi-fi is another element of Wetherspoons’ fantastic service. Across all of its pubs, you can use the wi-fi to check emails, chat online, and even get some work done.
What is a Wetherspoon pub?
Though some are new-build or late 20th century properties, many Wetherspoon pubs are conversions of existing historic buildings which have become redundant, including banks, churches, post offices, theatres and a former public swimming pool, with many properties being listed buildings. Pubs are furnished thematically according to the heritage of the building or location, and have routinely won design awards.
What is the Wetherspoon magazine?
The company produces a quarterly in-house magazine, Wetherspoon News, which contains information on the company's activities, its employees, pubs, political views and comments on recent media mentions. The chain also offers a mobile app from which customers can order food and drink to their table to avoid using the bar, even from outside the pub.
What is the only pub firm that opens all its pubs early in the morning?
Weekly food promotions include the Steak Club on Tuesday, the Chicken Club on Wednesday (temporarily paused in July 2020), the Curry Club on Thursday, fish and chips on Friday, and Sunday Brunch. Wetherspoons claims to be "the only large pub firm which opens all its pubs early in the morning", serving breakfast and coffee.
How much did Wetherspoons lose in 2020?
In October 2020, Wetherspoons reported its first loss in 36 years. For the year ending in July 2020, the company published a loss of £34 million; the previous year, it reported a net profit of £102.5 million.
How many Wetherspoons were visited by Mags Thomson?
Every Wetherspoons establishment in Great Britain was visited by Mags Thomson from 1994 to October 2015. She reached a total of 972, which included 80 that have subsequently closed.
Where are Spoons pubs located?
J D Wetherspoon plc (branded variously as Wetherspoon or Wetherspoons, and colloquially known as Spoons) is a pub company operating in the United Kingdom and Ireland. Founded in 1979 by Tim Martin and based in Watford, the company operates 925 pubs as of June 2021#N#[update]#N#. This includes the sub-brand of Lloyds No.1 bars, and around 50 Wetherspoon hotels. Wetherspoon is known for converting unconventional premises into pubs, such as former cinemas and banks. The company is publicly listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Where was the first Wetherspoon's pub in Northern Ireland?
The first Wetherspoon's pub in Northern Ireland was The Spinning Mill in Ballymena, County Antrim, which opened in 2000.
How much did Wetherspoon make in 2019?
In 2019, Wetherspoon reported sales of £1.8 billion in the UK and Ireland, up £125 million from 2018, and up £863 million from 2009. These figures demonstrate how the pub chain has maintained healthy profits during an economically turbulent decade.
What is the weekly food promotion for Wetherspoon?
This could, in part, be down to Wetherspoon’s weekly food promotions, including Tuesday Steak Club, Wednesday Chicken Club, and Thursday Curry Club. Its bulk purchasing power also helps keep the business afloat by undercutting its competitors’ prices.
Who is Wetherspoon CEO, John Hutson?
Wetherspoon’s current CEO is John Hutson. After studying at the University of Exeter, John worked at London brewer Taylor Walker. There, he took up the position of area manager and played an essential role in growing the business’s parent company, Allied Domecq. The experience he built up in the alcohol and quick service restaurant sectors meant he was well placed to accept a position at Wetherspoon when the opportunity arose.
How to become a Fullers franchisee?
Becoming a Fullers franchisee: Firstly, fill in the Contact Us or Tenancy Application form on the Fullers website. Once you’ve done this, you’ll be added to Fullers’ database and contacted by the recruitment manager. If you’ve found a pub you’re interested in on the franchise’s vacancy list, you can fill in the specific form at the bottom of the page. Then, you’ll need to attend an interview, write a business plan and get an Award for Personal Licence Holders (APLH). You should also obtain a Food Safety Certificate and complete the BII Pre-Entry Awareness Training (PEAT).
How many Fullers pubs are there in the UK?
This pub chain focuses on “unique character and true authenticity”. Its roots can be traced back to 1845 but, today, there are around 400 Fullers pubs dotted across the UK. This business also owns pizza and craft cider restaurant The Stable and country inn chain, Bel & The Dragon. Although Fullers doesn’t specify that it offers franchising opportunities, it does enlist business partners to run branches of its pubs.
How long has the pub franchise been around?
It has been up and running for over 180 years and has approximately 14,300 people working for it.
When did Tim Martin start the Wetherspoon brand?
Tim Martin founded the Wetherspoon brand in 1979. The first pub was launched in Muswell Hill in Haringey, North London and, after this venture proved successful, Martin established more pubs in the area. During the 1980s, Wetherspoon cemented itself as a North London favourite, not yet the nationally recognised company it is today.
Overview
J D Wetherspoon plc (branded variously as Wetherspoon or Wetherspoons, and colloquially known as Spoons) is a pub company operating in the United Kingdom and Ireland. The company was founded in 1979 by Tim Martin and is based in Watford. It operates the sub-brand of Lloyds No.1 bars, and around 50 Wetherspoon hotels. Wetherspoon is known for converting unconventional pre…
History
Tim Martin opened his first pub in 1979 in Colney Hatch Lane in Muswell Hill, London. Many of the other early Wetherspoon pubs were also in the western part of Haringey. The name of the business originates from JD, a character in The Dukes of Hazzard, and Wetherspoon, the surname of one of Martin's teachers in New Zealand, who had told him that he would not amount to anything.
Food and drink
Wetherspoon targets a mass-market offering of low-price food and drink. A large standardised menu is available all day in every pub, cultivating a perception of "unpretentious good value". Wetherspoons claims to be "the only large pub firm which opens all its pubs early in the morning", serving breakfast and coffee. The food menu has continually added healthier and allergen-friendly options, including a calorie rating next to every item.
Properties and operations
Though some are new-build or late 20th century properties, many Wetherspoon pubs are conversions of existing historic buildings which have become redundant, including banks, churches, post offices, theatres and a former public swimming pool, with many properties being listed buildings. Pubs are furnished thematically according to the heritage of the building or location, and have rou…
Controversies
In 2015, Wetherspoons were made to pay a total of £24,000 for "direct racial discrimination" to eight individuals who were refused admittance to one of its pubs in north London (The Coronet on Holloway Road, Islington) based on what a judge described as "the stereotypical assumption that Irish travellers and English gypsies cause disorder wherever they go".
External links
• Official website