Real Good Food PLC (LON:RGD)

Consumer

Real Good Food PLC is a UK-based food manufacturer and distributor which aims at maximising shareholder value by building sustainable businesses giving key priority to the market of Cake Decoration. It was founded in the year 2003 and its headquarters are situated in Liverpool, United Kingdom. The company is listed and traded on the Alternative Investment Market (AIM) of the London Stock Exchange and is a constituent of the FTSE AIM All-Share index. It complies with the UK City Code on Takeovers and Mergers.

The cake decoration division of the group consists of Renshaw in the UK, USA and Europe and Rainbow Dust Colours. Its product range includes marzipan, sugarpaste, soft icings, powders, mallows, caramels, dusts, edible glitters, and food paints, brushes and pens. Home baking is very popular in the UK and nine out of every ten customers shop in the home baking market, which is at present worth around £705 million at retail selling price. Within that, cake decoration has witness continuous growth as it enhances the visual appeal of the cake, and this is driven by the ever-increasing usage of social media as well as TV shows like The Great British Bake Off. The product development capability of Renshaw identifies and strives for fulfilling all the needs of home bakers to create more ambitious and visually appealing cakes by designing products in a way which promotes making the creative process simpler. Considering the 2019-20 performance of its cake decoration division, it generated a revenue of £41.2 million.

Real Good Food PLC follows a well-defined framework of corporate governance and aligns itself with the Quoted Companies Alliance (QCA) Corporate Governance Code. Its board has set up separate committees for audit and remuneration. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, accountability, equality, and diversity. It has a Corporate Social Responsibility (CSR) framework in place, and it actively works with customers, suppliers, employees, and partners under its responsible business framework.

Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities and complies with international best practices and guidelines to create a sustainable business. It aims to minimize the impact of its business activities on the environment and create long-term value for the business as well as the wider community.

Contact Information

company address Real Good Food PLC International House 1 St. Katharines Way LONDON E1W 1XB United Kingdom

company phone+44 203 857 3900

company websitehttps://realgoodfoodplc.com/

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