West Cornwall Pasty Co refocuses to rein in losses in 2016

The brand, which went into administration almost two years ago before being sold to a private equity fund, announced that it is narrowing its losses by targeting sports stadiums and expanding its coffee range.

The company was reported to have a pre-tax loss of £195,000 on turnover of £12.5 million in the year to the end of March, according to accounts filed to Companies House last month. In the year before the company was sold in April 2014, pre-tax losses were recorded to be more than £800,000.

The company said its losses in 2015 were the result of exceptional one-off costs of £621,000, and included fees for the initial acquisition and redundancy costs at its head office.