Authentic Food Company, Manchester, England, is looking for sales of £50 million in its current financial year after achieving 10% growth to £40m in the year to May 31 2012, with profits up 15% at £2.4 million.
The company, which has refinanced its £7.5 million debt with the Royal Bank of Scotland, supplies a range of products focused primarily on Indian, Chinese and vegetarian cuisine, which it distributes to UK supermarkets, independent shops, pubs and hotels. It has a staff of 2450.
Authentic produces around a million meals a week for its customers, including The Co-operative Group, Morrisons and Iceland. The family-run firm was founded in 1985 by chairman Kamal Basran and is now headed by her son, managing director Nik Basran.
