Planet Organic moved back into the black in the run-up to its PE buyout earlier this year.
The health-focused grocer, which was bought by Inverleith in September, grew annual sales by 6% in the year to 25 August to £32.5m.
Sales growth and cost controls moved the chain from a £323k pre-tax loss to a £156k profit in the year. Inverleith has invested £4.75m already.
The accounts show Inverleith has invested £4.75m in the company already and it plans to more than double its store estate across London over the next five years.
No comments yet