Compass Profile

Company: 
Compass
Author: 
Jane Lethbridge
Date published: 
2010

Owner

Compass Group PLC

Compass House

Guildford Street

Chertsey, Surrey KT1 9BQ

Tel +44 1932 573 000
Fax +44 1932 569 956

www.compass-group.com

 

EWC: YES

 

Total employees: 386,168

Regional breakdown

 

Region

Sales

%

North America

£5,871m

44%

Continental Europe

£3,429m

25%

UK

£1,829 m

 

14%

Rest of world

£2,315m

17%

Total

£13,444m

 

 

Major European subsidiaries 

 

Company

Ownership

Country

Compass Contract Services (UK) Ltd

Compass International Purchasing Ltd

Letheby & Christopher Ltd

Scolarest Ltd

Compass Purchasing Ltd

Compass Services Ltd

100%

100%

100%

100%

100%

100%

UK

Compass Group France SA

100%

France

Eurest Deutschland GmbH

Medirest Deutschland GmbH

Eurest Services Gmbh

Eurest Sports & Food GmbH

100%

100%

100%

100%

Germany

Eurest Colectividades SA

100%

Spain

Compass Group Nederland BV

Eurest Services BV

100%

100%

Netherlands

Compass Group (Schweiz) AG

100%

Switzerland

Compass Group Italia SpA

 100%

Italy

Eurest Collectividades SL

100%

Spain

 

Company activities and strategy

 

Compass is the world’s largest contract catering company.  It has begun to diversity into facilities management.  In 2004/5, it reported a 50% drop in profits, which was partly the result of poor publicity in the UK for school meals, provided by Scolarest, following a series of television programmes by Jamie Oliver, who criticised the unhealthy content of school meals.  There was a drop of 30% in profits in the UK but in the United States, operating profits rose by 12%. [i] 

 

Since 2007, Compass has broadened its market share in North America and Continental Europe so that the UK and Ireland no longer contribute the largest revenue share.   Over 44% of revenue now comes from North America.  Healthcare activities account for 19% of revenue with a global spread.

 

Compass is facing a deficit in its pension scheme, which in 2009 was £335 million.

 


[i] The Times 30 November 2005