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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 Ratings1.4

Latest Updates

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

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

B

82/100

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Thatchers Online and Social Media Presence

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Thatchers Blogs

Celebrating all that’s fantastic about British cider

Discover Cider is a new campaign that’s celebrating all that’s fantastic about British cider. We’re delighted to be a part of it, and we’ll be joining with cidermakers across the UK over the next three months in sharing stories about the diversity of cider. Gabe Cook, aka the Ciderologist, is leadin…

Gloucestershire Cricket unveils the new Thatchers Bar

Gloucestershire Cricket has unveiled the latest addition to the Bristol County Ground: the new Thatchers Bar, created to provide members, supporters, and visitors a greatly enhanced experience. To commemorate the partnership between ourselves and Gloucestershire Cricket, a huge timeline highlighting…

Thatchers’ new TV commercial, Family, launches next week

    A new TV campaign from Thatchers, the family cider makers, will appear on screens from Monday 17th August 2020.  Called “Family”, it reinforces the values that are the driving force behind everything that Thatchers does. True to life, authentic, warm and aspirational, the new campaign from the S…

KEY WORKERS TAKE PART IN THE FIESTA FLYPAST IN THE THATCHERS HOT AIR BALLOON.

Three local people who have been nominated for their tireless efforts during the Coronavirus lockdown, have enjoyed a once in a lifetime chance to be part of the first ever Bristol Balloon Fiesta Flypast. Claire Williams, Steve Davies and Sammy Levy all took to the skies for the early morning flight…

5,000 outlets so far signed up to receive a free keg of Thatchers Cider.

Over 5,000 pubs, clubs, bars and restaurants are so far signed up to receive a free keg of Thatchers cider as part of our £1million Pledge in support of the hospitality industry. With the backing of leading wholesalers and pub partners, we have been able to extend the reach of our offer of a free [……

We’re offering key workers a chance to become a part of the Bristol Balloon Fiesta Flypast!

This year’s Bristol International Balloon Fiesta is taking a new shape with the announcement of the Fiesta Flypast that will see Hot Air Balloons take to the sky across Bristol between 1st – 14th August. As a long-term partner of the Fiesta, we are delighted to be supporting the event once again thi…
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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, Einstok and Chimay.

  • Where are Thatchers offices?

    Thatchers has offices in Sandford and Wilmslow.

  • How many offices does Thatchers have?

    Thatchers has 2 offices.