Bow Street Group closed three loss-making restaurants last year
Bow Street Group, owner of Wildwood and Dim T restaurants, has begun to improve its financial position, following introducing a new growth strategy and £10.1m fundraise last September.
The company, which rebranded from Tasty last year, reported strong Christmas trading and continued improvements since the start of the year, with like-for-like sales increasing by 6.1% in March 2026.
However for the overall year ended 28 December 2025, revenue slid 14.5% from £36.6m to £31.3m, in part driven by restructuring of the group’s estate in the prior year. Bow Street finished the year with 32 restaurants trading, having closed two Wildwood restaurants and one Dim T site.
The group also recorded an operating loss of £0.5m, having generated a £0.4m profit in 2024.
Nevertheless, in line with its new strategy, Bow Street is “moving at pace” to improve trading across existing sites. Premises where targeted capital investment has been deployed have delivered strong uplifts in performance, while previously underperforming locations have returned to like-for-like growth following refurbishments.
The group reported that early trials of a new Wildwood menu have received positive customer feedback and are expected to support performance as they are rolled out more widely across the estate.
Last August, Bow Street announced plans to make between four and six acquisitions within three years, subsequently. Executive chairman David Page, the former PizzaExpress boss who joined the company last year told The Caterer that the brands Bow Street Group was looking at buying were “very varied” and included a small Portuguese tapas chain and a North London café business.
The group said in January the targets span “European and Asian cuisine” and currently reports it remains “in active discussions with several potential exciting and scalable restaurant brand acquisition targets”.
Page said: “2025 was an important year for the group as we strengthened our balance sheet and implemented a new strategy for long-term growth.
“Since joining the group in September, the management team has moved at pace to implement a range of operational initiatives across the business. We are pleased to have seen a clear improvement in trading in the final quarter of 2025 and into 2026, with like for like revenue up across the group by over 5% in the first 3 months and markedly increased at four refurbished sites by 18.3% in March 2026. Early performances at our refurbished sites have been particularly positive, and our new menu designs have been well received.”
He added: “Looking forward, whilst the consumer environment remains challenging, we are confident that 2026 will be an exciting year of rebuilding, refreshment and transformation for Bow Street.”
Bow Street Group runs 28 Wildwood restaurants and four Dim T sites across the UK.