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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.