Turnover at brewer and venue owner Timothy Taylor rose 2% to £22,187,485 in the year ending September 30, 2017, but pre-tax profit fell 1.5% to £2,742,083.

Timothy TaylorThe directors reported: “Demand for our beers remains strong, with draught sales showing a like-for-like increase over last year of 2.8%, boosted by the successful introduction of the first new permanent beer since Landlord — Knowle Spring Blonde.

“Boltmaker remains in high demand, selling more than in the year following its success as champion beer of Britain in 2014, and sales of Landlord remain strong, with customers prepared to pay the price premium the beer warrants.”