Managing financial resources

EVALUATION OF FINANCIAL PERFORMANCE: JD WETHERSPOON PLC



To: The Training Manager
From: Raj Pathania, MKC Consultants
Title: Financial Performance of JD Wetherspoon PLC
Date: December 2001


1 TERMS OF REFERENCE

In accordance with the instructions from yourself, to report on the financial performance of JD Wetherspoon PLC. Particular emphasis has been placed on the profitability, liquidity, efficiency and the investment potential of the company.
Comparisons with previous years, as well as with competitors will be made. The competitors to be examined are the Yates Group PLC and Regent Inns, these companies will be compared to JD Wetherspoon PLC from the years 1997 through to 2001.
Explanations and interpretations of trends and key figures will also be made.


2 HISTORY OF JD WETHERSPOON

When 24-year-old law student Tim Martin acquired his first ever pub in North London in December 1979, he could never have envisaged how popular his styl...