Franchise Brands AIM:FRAN
- Founded
- 2008 · Macclesfield, England
- Incorporated
- United Kingdom
- Chief executive
- Peter Molloy
- Employees
- 622
- Reports in
- GBP
- Companies House
- 10281033
B2B franchising group whose main businesses are Pirtek (on-site hydraulic hose replacement across Europe), Metro Rod and Metro Plumb (drainage and plumbing), and Filta (commercial kitchen services in North America and the UK). Grows by adding franchisees and system sales across its networks.
Read straight from the annual reports
155p at close on 2 Oct 2026 · 11 reported years, 2015–2025
| Line | FY201512/15 | FY201612/16 | FY201712/17 | FY201812/18 | FY201912/19 | FY202012/20 | FY202112/21 | FY202212/22 | FY202312/23 | FY202412/24 | FY202512/25 | FY2026unreported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | later 24.9 | later 69.8 | later 121.0 | |||||||||
| Gross profit | later 9.7 | later 35.9 | later 68.2 | |||||||||
| Operating profit | later 0.19 | later 10.3 | later 10.8 | |||||||||
| Exceptional items | ||||||||||||
| Net finance cost | later 0.34 | |||||||||||
| Profit before tax | later (0.08) | later 10.0 | ||||||||||
| Tax charge | later 0.04 | later 1.9 | ||||||||||
| Profit for the year | later (0.13) | later 8.1 | ||||||||||
| EBITDA | ||||||||||||
| Basic EPS | ||||||||||||
| Diluted EPS | ||||||||||||
| Adjusted EPS | ||||||||||||
| Dividend per share | — | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
11 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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System sales growth across franchise network (primary KPI)
System sales +2% to £435.0m (2024: £425.6m restated)
page 3Filta International FiltaMax strategic growth initiative and shift to royalty income
System sales +13% (local currency); FiltaGold/FiltaClean now 23% of System sales (2024: 20%); 68% of System sales subject to royalty
page 20Wage, material, rent and service cost inflation
"Continued widespread cost and price inflation challenges in respect of wages, materials, rent and other services"
page 6Competitive "race to the bottom" pricing pressure in reactive services markets
Pirtek continues to experience competitive activity from new entrants in the reactive market
page 6Global macro conditions remain uncertain but our business continues to demonstrate strong underlying resilience... the Board continues to expect a full year performance for the year ending 31 December 2026 within the current range of analyst forecasts.
page 13Directors' Report states there have been no post-balance sheet events of the Company or its subsidiaries requiring disclosure to shareholders
page 88Progressive dividend policy maintained since IPO. Final dividend of 1.35p proposed for FY2025 (FY2024 final: 1.30p), giving total FY2025 dividend of 2.50p (+4% vs 2024: 2.40p), subject to shareholder approval at the AGM on 30 April 2026; to be paid 22 May 2026 to shareholders on the register at 8 May 2026.
page 52Unqualified/unmodified audit opinion issued by PKF Littlejohn LLP (senior statutory auditor Hannes Verwey). Going concern basis adopted based on review of 15-month cash flow forecasts to 30 June 2027, downside sensitivity testing and covenant compliance assessment; no material uncertainty identified. Key Audit Matters: (1) revenue recognition - Willow Pumps design & installation contracts recognised over time under IFRS 15; (2) impairment of goodwill and indefinite-life intangible assets; (3) recoverability of parent company investments in subsidiaries and intercompany balances.
page 91- Ability to grow our businesses - failure to deliver organic growth in line with strategic plans and market commitmentsp.55
- Ability to pursue strategic options - inability to deliver buy-and-build strategy through lack of organic growth, suitable acquisition opportunities or financing capacityp.55
- Attraction and retention of customers - loss of key national/regional accounts could impair delivery of strategic plansp.56
- Climate change - structural changes to cost base or legislative/regulatory change (e.g. ICE vehicle phase-out) could affect economic viability of certain businessesp.56
Read from C000499-AR-2025-ch.
10 annual reports read, FY2016 to FY2025
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (10)
FY2026Next report expected 31 Mar 2027