Profits at Eastenders Cash & Carry rose 53% in the year to March to £844,000, with sales up 5% to £106m.

The increases represent an upturn in fortunes for the drinks wholesaler, whose turnover dropped 11% the previous year while pre-tax profits dropped 43%.

Gross profit margin this year increased from 4.3% to 4.7%, which the company said was due to better negotiations with suppliers. However, its profit margin of 0.8% is half the 1.6% average rate in The Grocer's Big 30 wholesalers list.

Eastenders also revealed that it plans to open a number of new depots this financial year.