Jeremy Clarkson’s earnings have been laid bare as the Clarkson’s Farm star celebrates one year since opening his new pub, the Farmer’s Dog. The 65-year-old television host, renowned for his work on Amazon Prime shows such as The Grand Tour, recently ventured into the hospitality industry as a pub owner.
Now, it has been revealed that the motoring journalist has raked in millions from his latest business venture. Profit at the dad-of-three’s growing brewery, Hawkstone, has surged during its latest financial year, with sales almost tripling.
New accounts for the business behind the Cotswolds brewery show the firm’s total equity soared from £432,512 to just over £3million this year. Total equity is the overall owner’s stake in the business and is calculated as total assets minus total liabilities. This includes stock and retained earnings in the business.
According to the results recently filed with Companies House, Jeremy Clarkson’s business had current assets of just under £5million at the end of the financial year, a significant increase from the £1.7million it reported for the previous 12 months.
That total is comprised of stocks increasing from £608,932 to £1.9million, debtors rising from £906,627 to £1.8million, and cash in the bank and in hand growing from £203,875 to £1.2million.
In the same period, the amount Clarkson’s company owed to its creditors also increased from £1.6million to £2.6million. The number of people employed by the brewery has also grown as the business has expanded from 28 to 53 this year.
Earlier this year, The Sunday Times reported that Hawkstone’s sales had increased from £7.8million to £21.3million in the financial year. The company does not file more accounts with Companies House because it doesn’t meet the threshold for being required to by law.
Clarkson’s brewery is located in Bourton-on-the-Water in the heart of Gloucestershire, and currently produces a range of beers, ciders, vodkas, and gins. It was founded back in 2005 by Emma and Rick Keene.
In 2021, the business collaborated with the former host of Top Gear to produce Hawkstone Lager. The TV presenter later bought a stake in the brewery, which was later renamed Hawkstone. The publication went on to name Hawkstone as the 24th fastest-growing company in Britain, jumping up to 23rd position this year.
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‘ Some details of this article were extracted from the following source www.express.co.uk ’
