Thatchers Cider is a cider maker based in Sandford, in North Somerset, England.The company started producing cider in 1904 and has continued in the same family since. They use several varieties of apples to make different brands.HistoryThe founder, William Thatcher, first started making cider for his own farm workers in 1904. His son Stanley Thatcher, born in 1910, began selling draught cider to pubs in Somerset and the company’s presence in the area grew. The company is still family owned and employs around 140 people. The current managing director is Martin Thatcher, which is the fourth generation in the family to run the business.It has 360 acres of its own orchard in Somerset, as well as using apples from other growers in the area. Alongside its bush orchards, Thatchers has pioneered a method of growing its apple trees in a hedgerow style. Trained on wires, this enables easier harvesting and also helps to ensure the fruit has the optimum combination of sunlight and rain. It has also led to the development of a new bespoke harvester. Over 25,000 tonnes of fruit are pressed each year. Thatchers also maintains a special exhibition orchard in which over 500 different varieties of apple tree are grown. Many of the traditional ciders produced at Myrtle Farm are matured in 100-year-old oak vats, which gives the cider a distinctive taste.Current brandsThere are several brands of Thatchers cider. These are categorised by the brewers as: Single Varietal Cider, where only one type of apple is used. Examples have included Cox's, Katy, Thatchers Rosé, Somerset Redstreak, Dabinett and Tremletts Bitter, many of which were old Somerset varieties. Premium, including Thatchers Gold, Haze, Green Goblin, Thatchers Vintage and Old Rascal. Thatchers Vintage is made from the best apples from each harvest Fruit and Pear, including Thatchers Pear and Mixed Fruit. Draught Ciders, sold in pubs in Thatchers West Country heartland, as well as increasingly throughout the UK. Ciders available on draught include Traditional, Heritage, Cheddar Valley, Gold, Green Goblin, Old Rascal and Pear.
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Sandford, GB
Thatchers is headquartered in Sandford, GB
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Thatchers Office Locations

Thatchers has an office in Sandford
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Thatchers Financials and Metrics

Thatchers Financials

Thatchers's revenue was reported to be £72.54 m in FY, 2016 which is a 10.4% increase from the previous period.

Revenue (FY, 2016)

72.5 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

32.7 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

5.1 m

EBITDA (FY, 2016)

9.5 m

EBIT (FY, 2016)

6.4 m

Cash (31-Aug-2016)

1.9 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


10 m15.3 m17.6 m22.6 m31.1 m40.8 m51.8 m60.3 m65.7 m72.5 m

Revenue growth, %


Cost of goods sold

2.8 m7 m7.6 m9.6 m13.8 m20.3 m27.3 m33.7 m36.8 m39.8 m

Gross profit

7.2 m8.3 m10 m13 m17.3 m20.6 m24.5 m26.6 m28.9 m32.7 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

734.6 k865.4 k1.2 m2 m2.7 m3.3 m4.2 m4.1 m4.7 m5.1 m

Cash From Operating Activities

1.8 m844.4 k

Dividends Paid

198 k198 k300 k6.2 m2 m2 m2 m3 m3.5 m3.2 m

Cash From Financing Activities

1.7 m177.7 k
GBPY, 2016

Financial Leverage

3.2 x
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