New forecourt boosts sales at James Graven

  • Print
  • Share
  • Comment
  • Save

Sales at James Graven, the Cambridgeshire-based retailer owned by high-profile indie Jonathan James, rose 7.3% to £30.1m last year.

However, pre-tax profits fell 19% to £229,941 as falling fuel margins took their toll, revealed accounts for the year to 31 March 2012 made available at Companies House this week.

Turnover had been boosted by a full year’s trading from its Spar-branded forecourt in Littleport, which opened in November 2010, said the company in its report.

Falling fuel margins had been mitigated by an increase in shop margins, said James.

“The group achieved reasonable results despite the difficult economic conditions,” he said in the report.

“The rising cost of oil and the taxes imposed on fuel have caused the consumer and businesses to try and minimise their vehicle use and thus reduce the volumes of fuel sold and footfall into the shops.”

Last year, the Littleport site and three other forecourts were leased out to BP and Petrogas UK to allow the company to focus on other interests, including the creation of an eco-business park.

Have your say

You must sign in to make a comment

Related images

  • New forecourt boosts sales at James Graven
  • Print
  • Share
  • Comment
  • Save

Grocer jobs Experts in FMCG

Yankee Candle Product Development Executive

Product Development Executive - Yankee Candle

£27k-£28k (DOE) plus benefits
Search jobs
Sign in

Newsletter Sign-up


I wish to receive the following newsletters:

For Members

Become a Gold Member to receive these newsletters:

Become a Finance Member to receive these newsletters:

Become a member of The Grocer



CLICK HERE to search for the products, services and companies you need in the definitive guide to the UK food and drink industry.


The Grocer's commentators and opinion makers