Real Good Food plc

Real Good Food plc Company Details

Real Good Food plc in a nutshell:

The group believes in delivering shareholder value in their three pillar markets of Cake Decoration Food Ingredients and Premium Bakery. Although each of these segments are very different in characteristics their strategies are tailored to satisfy their specific market needs with the common agenda of building long term sustainable growth.

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This new facility opened in May 2016 and is central to Group strategy providing direct support to the growing of each division.

The building houses central Group support functions of technical, IT and Digital, HR and Operations.

It also contains the Group Innovation Centre, a world class facility looking to develop new products for the businesses using emerging technologies in product, process and packaging. The Innovation Centre will also be a source of inspiration for customers on applications for Real Good Food product ingredients, be they for cake decoration or other ingredients.

Finally the building contains the new ‘Renshaw Academy’. The vision for this is to be ‘the most inspirational cake decorating academy in the world’, providing a showcase for all of Real Good Food's cake decorating products. The school will encompass both cake decorating experts as well as the less highly skilled hobbyists and will teach both traditional and contemporary methods and techniques. It will be a revenue-generating facility though its primary objective will be to underpin the excellence of the Renshaw brand reputation

A Fellow of the Chartered Institute of Personnel & Development, Heather joined the Renshaw business in 1981 and was appointed Human Resources Manager in 1990. She continued to hold this role for the wider business throughout the subsequent changes in ownership and business structure. In 2007, Heather was appointed Group HR Manager for Real Good Food plc before being appointed Group HR Director in January 2009.

David joined Napier Brown & Co Ltd in 1995 following spells in the finance functions at John Mowlem plc and Pirelli Group plc. David began as financial accountant until being promoted in 2005 to Group Financial Controller when Napier Brown Foods Group was acquired by Real Good Food plc. David was appointed Company Secretary in 2010 to assist the Board in corporate governance and investor relations and was appointed Finance Director in September 2015.

David joined Real Good Food in 2006 as Operations Director of Renshaw. In early 2012 he was invited to join the Real Good Food management board as Group Operations Director. As well as coordinating health and safety and capital expenditure, David’s role is to manage and deliver the operational needs of the business to meet the future growth plans.

Revenues were significantly down year on year due to unprecedented commodity price deflation particularly in sugar and dairy. Both these markets experienced record low levels of prices; sugar was impacted not only by weak world prices but also in Europe ahead of the ending of quotas in 2017, while dairy, where quotas have already ended, was affected by the Russian export ban. In this context Garrett Ingredients did well to increase its traded dairy volumes though sugar sales fell slightly.

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