RedCat celebrates 'transformational year'

The operator behind The Coaching Inn Group and RedCat Independent Pubs has unveiled some of its latest financial results for the year ended March 2025, describing the period as a ‘transformational year’ for the business.

RedCat Hospitality, founded and chaired by Rooney Anand, saw adjusted EBITDA rise 290% to £8.8m (2024: £2.2m), while site EBITDA was up 42% to £18.7m (2024: £13.2m). Like-for-like sales across the RedCat portfolio were up 2%.

The 12-month period also included a restructuring, a refinancing, a return to investment in the estate, a jump in underlying profits and the inclusion in the National Pub & Bar Awards. 

"This was a transformational year for RedCat," says Richard Lewis, chief executive of RedCat Hospitality. "The team have worked through a huge amount of change. What has emerged is a stronger, leaner and more coherent business, which is performing well, is in good growth and has lots of exciting opportunities ahead. 

"We have delivered a significant rise in site EBITDA which in part reflects the very strong performance of The Coaching Inn Group, demonstrating the continued demand for good quality rooms coupled with excellent customer service. This part of the business remains very much the jewel in our crown with plenty of potential for the future as a proven format for growth."

Pushing on

Like-for-like sales for the first quarter of this financial year are up 6.7% to £32.7m and RedCat says the accommodation side of the business continues to perform very strongly, with room sales up 8% on a like-for-like basis.

An £8m capital investment programme is also underway.

"During this period, RedCat Independent Pubs executed a strategic disposal of several non-core sites, reinvesting proceeds into a targeted investment programme that is already driving material growth," adds Lewis. "A flagship example is the £3m refurbishment of the iconic Castle of Brecon Hotel in South Wales, which has delivered a 94% sales uplift in the first quarter since reopening. Further investments across sites in Leicestershire, Nottinghamshire and Staffordshire are also performing strongly, with these pubs collectively delivering 20.3% like-for-like sales growth in Q1 of the current financial year, supporting RedCat Independent Pubs’ overall 6.2% like-for-like uplift."

The business has also returned to the acquisition trail with the purchase of The Warwick Arms Hotel, Warwick, in July 2025. The site will be brought under The Coaching Inn Group umbrella, which is seen as a key growth area for the business as it looks to further scale and develop a nationally-recognised brand.

Alongside pubs with rooms, another focus for growth is carvery pubs. RedCat says these are "busy, thriving and profitable sites, which represent a huge investment opportunity for the company", proven by the success of a recent £0.6m investment in the Castle Carvery Clocktower in Norwich. 

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