The Daily Telegraph

Blumenthal’s Heathrow cafe facing turbulence

- By Hannah Boland

AUDITORS have raised a red flag over the future of Heston Blumenthal’s Heathrow airport café, as losses for the celebrity chef’s restaurant empire topped £1m. Tfor2, which owns The Perfection­ists’ Café at Terminal 2, is facing “ongoing difficulti­es due to the pandemic and rising costs”, auditors at Lawfords Consulting said.

Auditors said challenges facing the business suggested a material uncertaint­y, which may cast “significan­t doubt” on Tfor2’s ability to continue.

Figures last week showed Heathrow’s footfall remains down around 20pc on 2019 levels. Airline bosses have said they are not expecting numbers to recover to pre-covid levels until 2024, while some analysts suggest demand could only bounce back in 2025.

Tfor2 released its accounts as separate filings for Mr Blumenthal’s Michelin-starred restaurant empire – SL6 – were released, laying out the extent of the pandemic pressures.

Losses in the year to May 2021 had topped £1m at the parent company of Fat Duck and Hind’s Head restaurant­s. That is double the prior year, when Covid pushed the company to a loss of around £500,000. SL6 said the results reflected enforced closures during the 12-month period. Now, amid the war in Ukraine, food costs are also rising.

SL6 cautioned there were headwinds for the business, despite restaurant­s now being allowed to fully open.

“They include the increasing cost of supply, a challengin­g human resources labour market, and how to remain agile,” it said. The chef is no longer a director for SL6 and has never acted as a director for Tfor2, but remains involved with the businesses and is a figurehead for the restaurant­s. SL6 and Tfor2 declined to comment.

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