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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.
TypePrivate
HQSandford, GB
Websitethatcherscider.co.uk
Employee Ratings1.7

Latest Updates

Revenue (FY, 2018)£99.2 M(+17%)
Cybersecurity ratingCMore

Thatchers Office Locations

Thatchers has offices in Sandford and Wilmslow
Wilmslow, GB
Wycliffe House, Water Ln
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Thatchers Financials and Metrics

Thatchers Revenue

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Thatchers's revenue was reported to be £99.21 m in FY, 2018
GBP

Revenue (FY, 2018)

99.2m

Gross profit (FY, 2018)

42.9m

Gross profit margin (FY, 2018), %

43.2%

Net income (FY, 2018)

9.3m

EBITDA (FY, 2018)

16.1m

EBIT (FY, 2018)

11.6m

Cash (31-Aug-2018)

11.8m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

3.5m3.1m4.6m4.8m5.4m5.3m4.9m8.4m11.3m11.1m12.9m10.0m15.3m17.6m22.6m31.1m40.8m51.8m60.3m65.7m72.5m84.9m99.2m

Revenue growth, %

16%9%10%

Cost of goods sold

1.8m1.4m3.1m2.0m1.9m1.7m1.5m4.1m6.4m6.0m593.0k2.8m7.0m7.6m9.6m13.8m20.3m27.3m33.7m36.8m39.8m46.3m56.3m

Gross profit

1.7m1.7m1.5m2.8m3.5m3.6m3.4m4.2m4.9m5.1m12.3m7.2m8.3m10.0m13.0m17.3m20.6m24.5m26.6m28.9m32.7m38.6m42.9m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

11.0k93.1k1.1k263.2k1.1k35.5k335.4k4.2k26.0k5.0k679.0k820.2k1.4k763.5k2.2m1.6m1.0m2.5m2.7m1.8m1.9m5.9m11.8m

Accounts Receivable

602.7k746.9k876.2k1.3m1.8m1.9m993.0k2.5m2.2m1.7m2.0m2.4m3.3m3.5m4.4m7.2m10.6m15.5m13.1m14.5m16.2m19.2m24.2m

Inventories

493.0k888.2k693.4k610.8k770.7k839.0k875.0k693.9k898.0k931.0k1.1m1.5m2.2m2.1m2.5m2.9m2.9m3.2m4.8m3.5m3.5m3.7m4.5m

Current Assets

1.1m2.1m1.6m2.2m2.6m2.8m2.3m3.3m3.2m2.7m3.9m4.9m5.6m8.7m9.2m11.9m14.8m22.4m22.0m21.6m24.1m32.0m45.5m
GBPFY, 1996FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

243.8k165.4k68.7k160.4k408.5k281.9k407.9k576.1k203.0k283.0k785.0k734.6k865.4k1.2m2.0m2.7m3.3m4.2m4.1m4.7m5.1m6.1m9.3m

Cash From Operating Activities

808.7k49.2k449.9k1.3m1.3m2.2m1.6m1.1m1.9m2.1m1.8m844.4k

Dividends Paid

99.0k99.0k49.5k49.5k49.5k99.0k99.0k99.0k198.0k149.0k198.0k198.0k198.0k300.0k6.2m2.0m2.0m2.0m3.0m3.5m3.2m2.0m5.0m

Cash From Financing Activities

(165.2k)268.1k(779.0k)243.0k1.7m177.7k
GBPFY, 1996

Financial Leverage

2.9 x
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Thatchers Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

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Thatchers Online and Social Media Presence

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Thatchers Blogs

We’re the new Official Cider Partner for Essex Cricket

We’re pleased to announce we’re the new Official Cider Partner for Essex Cricket.   Thatchers branding will be present around The Cloudfm County Ground whilst a variety of our ciders will be available in the bar areas for Members and supporters to purchase once crowds are permitted to return.   Darr…

20 million plastic rings saved – in just one year!

By ditching plastic rings for our best-selling can packs for Thatchers Gold, Haze, Rosé and Cloudy Lemon ciders, we have saved 20 million plastic rings from being used in 2020 alone. And now we’ve been able to strengthen our commitment to the environment even further with PEFC certification for the …

6,000 OUTLETS SIGNED UP TO RECEIVE A FREE KEG OF CIDER IN OUR £1MILLION PLEDGE

Over 6,000 pubs, clubs, bars and restaurants in the UK signed up to receive a free keg of Thatchers cider in 2020 as part of our £1million Pledge in support of the hospitality industry. With the backing of leading wholesalers and pub partners, we were able to extend the reach of our offer of a […] T…

APPLE TREES FOR COMMUNITY PROJECTS

As part of our 2021 apple tree planting season, we are introducing our Community Orchard Project In our ongoing support of the world around us – and of course our passion for apple trees – we would like to help community groups and charities plant more trees this spring. So we’re offering ten commun…

JOIN OUR TEAM AND SHINE AS AN APPRENTICE

We are once again opening our doors for apprentices to join our award-winning Young Talent Programme in September. With opportunities within both our Cider and Brand Academies, we are looking for remarkable and motivated people to join our growing family. Since it was introduced three years ago, 19 …

How to Wassail at Home

What is a Wassail? A Wassail has its roots in pagan rituals, blessing apple trees out in the orchards for a good harvest.  The weird and wonderful ceremony welcomes in the good spirits and scares away the not-so-good spirits to keep the trees in good health throughout the year. The word Wassail take…
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Thatchers Frequently Asked Questions

  • What is Thatchers revenue?

    Latest Thatchers annual revenue is £99.2 m.

  • Who are Thatchers competitors?

    Competitors of Thatchers include Mike's Hard Lemonade, Independence Brewing Company and Kingdom.

  • Where are Thatchers offices?

    Thatchers has offices in Sandford and Wilmslow.

  • How many offices does Thatchers have?

    Thatchers has 2 offices.