Turnover at Haywood & Padgett rose last year as the scone specialist expanded the reach of its business.
The Barnsley-based firm, which states it bakes more than a million scones a day, has reported a 3% hike in turnover to £46.7m in the year ended 31 October 2025.
Haywood & Padgett said the increase reflected continued growth across its customer base and expansion into foodservice – an area set to be a growing area for the business.
“Historically there has been a focus on the UK market, which currently sits at 96% of revenue,” stated the directors in the year-end strategic report filed at Companies House last week. They added there had been significant investment into expansion of foodservice sector sales and the export market, and that the business continues to invest in property assets and production capacity as part of its commitment to long-term growth.
The directors said the company was strengthening its market position with new customers and operational improvements, and that the revenue growth was a sign of sustained demand for product despite the inflationary pressure on customers.
Haywood & Padgett’s own margins had taken a hit from such pressures, with rising commodity and employment costs contributing to gross profit margin falling from 24% to 22%. Adjusted operating costs have remained stable at £4m, which the business said was largely down to management controlling departmental expenditure.
Haywood & Padgett was founded in 1987 by David Haywood and Wayne Padgett in the village of Wombwell, South Yorkshire, baking cakes and scones to sell on local market stalls.
After securing listings with wholesalers, the business expanded into supermarkets in the 1990s and opened its factory in Barnsley in 1997. David Hayward retired in 2008 and the business is now owned by the Padgett family, who have continued to expand the operation.
Today the product range includes scones, cookies, American-style biscuits, fruit toast and breadsticks.
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