Pubcos included on LSE list of firms with ‘high-growth potential’

Four pub operators have been included on the London Stock Exchange’s ‘1,000 Companies To Inspire Britain’, an annual celebration of the country’s most dynamic small and medium-sized enterprises (SME).

Cirrus Inns, Coaching Inn Group, Inception Group and Edinburgh-based operator Montpeliers were all included on the list.

London Stock Exchange Group (LSE) chief executive Xavier Rolet said the annual list identifies Britain’s “most dynamic SMEs and high-growth potential companies”.

Accommodation crucial

Edward Walsh, finance director for Coaching Inn Group – a Publican Award winner – said that he was delighted that the company had been added to the list because it celebrates strong expansion plans.

“While there are businesses in our sector that are growing rapidly, our inclusion shows that we are not only growing quickly, but we are doing it sustainably,” he said.

Walsh added that having the high-margin asset of accommodation was a critical part of the company’s strategy for sustainable growth.

More than £11m funding

As part of Cirrus Inns’ expansion plans, the company has received £11.67m of funding from Metro Bank in recent months.

The company’s chief executive Alexander Langlands Pearce said that it was a “phenomenal honour” to have the company’s ambition celebrated.