Joel Cadbury
Encyclopedia
Joel Cadbury is an English Entrepreneur & Philanthropist, the son of Peter Cadbury
(Westward Television
& Keith Prowse
)and Jennifer d'Abo (Ryman
, Moyses Stevens and multiple winner of UK Business Woman of the Year award), and heir to the Cadbury chocolate dynasty.
Joel Cadbury is best known as Founder & Chief Executive of Longshot Limited and alongside his partner, Ollie Vigors, they have built up a company that develops a wide range of property and leisure businesses across central London. These have included Vingt Quatre – London's first and only 24 hour restaurant, the iconic media business The Groucho Club & The Third Space – the Health Club which incorporates an Organic Supermarket & Café and London's largest Integrated Centre of Medicine – as well as being voted the Number 1 Health Club in the World by BA's High Life magazine in 2001.
Following the sale of these businesses by the end of 2007 for in excess of £50 million, Cadbury remained on the Board of The Third Space for a year and the Groucho Club until 2010. He has since made numerous investments into Entrepreneurial businesses in the UK, three of which he continues to serve as a Non-Executive Director.
Cadbury is also committed to philanthropic work, most notably as the Chairman of The Royal Parks Foundation
, the charitable organisation responsible for 5,000 acres of London's 8 amazing Royal Parks. He leads a Board of 14 Trustees drawn from the pinnacle of the worlds of business, finance, media, politics and conservation, who all share a deep passion for the Parks. The Charity funds and manages a wide variety of projects, ranging from education, wildlife conservation and landscape restoration, to community sport and art. He is also a Patron of the Motor Neurone Disease Association
(MNDA), which arose from his leadership of the National Wheelchair Campaign for MNDA.
Other activities include the creation of a hugely successful swimathon for Action on Addiction, the Jennifer d'Abo Memorial Scholarship for British female Entrepreneurs, with fellow trustees Dame Vivien Duffield
and Lord Stevenson of Coddenham, The Invitational Golf Tournament at Woburn with Rupert Hambro and the St Paul's Knightsbridge Foundation with Alexander Armstrong
& Sahar Hashemi. Joel is also patron of Maths Action, a non-profit organisation, which aims to improve maths performance in Britain with Shirley Conran
, OBE.
As well as other interests in the UK, Joel has found other investment opportunities in India, specifically in areas where Longshot have previously been successful. Cadbury is also a trustee of UnLtd India, a foundation working with social Entrepreneurs in India to benefit local communities.
In 2009, Longshot Limited started again and raised significant funds to acquire leisure businesses with real underlying assets and in need of new capital and management.
In early 2010, Longshot Limited set up the Longshot Country Pub Company Limited (LCPC) to build a portfolio of Freehold Food & Beverage assets, within the A3/M40 corridor. The first purchase was in September 2010 - a small group of high quality Restaurants, known as Bel & The Dragon, which have made an ideal platform to build a medium sized Estate of Freehold Country Inns.
In April 2011, Longshot purchased Cherkley Court, along with key strategic partners - a 400 acre Estate of great historical value that was the home of the Beaverbrook family for almost 100 years. The Estate is situated in rolling landscape in an elevated setting, 2 miles from junction 9 of the M25, 20 miles from Central London and between the main London airports of Heathrow (15 miles) and Gatwick (10 miles).
in Ascot where he remained until 1982 when the school closed. Having left Eton College
aged 17, Cadbury started his working life in his first and only job as 'factory boy' at Thomas Tingley Steel Works in Elephant & Castle. He subsequently spent 5 years in the nightclub business working with over 30 clubs, entertaining 4,000 people per week until aged 23, an opportunity arose to purchase a bar and ended up with the acquisition of The Goat in Boots building and the foundation of Longshot in 1994.
Founded Vingt-Quatre London's first and only 24-hour restaurant.
Voted the Number 1 Health Club in BA Highlife magazine 2001, after 3 years The Third Space had over 3,500 members.
The Third Space includes London's largest integral Medical Centre (more than 30 orthodox and complementary Health Practitioners).
Cadbury and Vigors sold the company for more than £22million in 2008.
Divia has numerous business interests, but is best known as the creator and Founder of Zuma, the Japanese restaurant in London. After the hugely successful sale of Zuma, she now concentrates on her range of Divia teas and the development of the Royal Phuket Marina in Thailand.
http://www.telegraph.co.uk/news/newstopics/mandrake/3464464/Joel-Cadbury-seeks-a-Colony.html
http://www.longshotltd.com/History.aspx
http://www.graphitecapital.com/news-aug-07-TheThirdSpace.html
http://www.hbosplc.com/media/pressreleases/articles/bos/2004-05-30-00.asp?section=bos
http://findarticles.com/p/articles/mi_qn4158/is_20010428/ai_n14388664
http://goliath.ecnext.com/coms2/gi_0199-8630364/Joel-Cadbury-makes-a-sweet.html
http://www.business-standard.com/india/storypage.php?autono=333498
http://www.hellomagazine.com/celebrities/2006/04/06/cadburywedding/
Peter Cadbury
Peter Egbert Cadbury was a British entrepreneur.He was the son of Sir Egbert Cadbury, a World War I flying ace and managing director of Cadbury Brothers, the chocolate enterprise...
(Westward Television
Westward Television
Westward Television was the first ITV franchise holder for the South West of England from 29 April 1961 until 31 December 1981. After a difficult start, Westward provided a popular, distinctive and highly regarded service to its region, until public boardroom squabbles led to its franchise not...
& Keith Prowse
Keith Prowse
Keith Prowse is a trading name currently used by two separate companies. Within the United Kingdom it is used by the Sport, Leisure and Hospitality Division of Compass Group Plc , the company operates at numerous prestigious venues for many of the world's most iconic sporting and cultural events...
)and Jennifer d'Abo (Ryman
Ryman
Ryman is the largest British stationery retailer, historically based in London, now based in its £100m headquarters in Crewe, Cheshire.-Formation:...
, Moyses Stevens and multiple winner of UK Business Woman of the Year award), and heir to the Cadbury chocolate dynasty.
Joel Cadbury is best known as Founder & Chief Executive of Longshot Limited and alongside his partner, Ollie Vigors, they have built up a company that develops a wide range of property and leisure businesses across central London. These have included Vingt Quatre – London's first and only 24 hour restaurant, the iconic media business The Groucho Club & The Third Space – the Health Club which incorporates an Organic Supermarket & Café and London's largest Integrated Centre of Medicine – as well as being voted the Number 1 Health Club in the World by BA's High Life magazine in 2001.
Following the sale of these businesses by the end of 2007 for in excess of £50 million, Cadbury remained on the Board of The Third Space for a year and the Groucho Club until 2010. He has since made numerous investments into Entrepreneurial businesses in the UK, three of which he continues to serve as a Non-Executive Director.
Cadbury is also committed to philanthropic work, most notably as the Chairman of The Royal Parks Foundation
Royal Parks Foundation
The Royal Parks Foundation is a registered charity established in 1993 whose purpose is the protection and preservation of London’s Royal Parks. The charity’s patron is Charles, Prince of Wales.-Deckchair Dreams:...
, the charitable organisation responsible for 5,000 acres of London's 8 amazing Royal Parks. He leads a Board of 14 Trustees drawn from the pinnacle of the worlds of business, finance, media, politics and conservation, who all share a deep passion for the Parks. The Charity funds and manages a wide variety of projects, ranging from education, wildlife conservation and landscape restoration, to community sport and art. He is also a Patron of the Motor Neurone Disease Association
Motor Neurone Disease Association
The Motor Neurone Disease Association is a British charity, operating in England, Wales and Northern Ireland, established in 1979 by a group of volunteers to coordinate care, support, and research for people affected by motor neurone disease .The aim of the MND Association is a world free of MND.The...
(MNDA), which arose from his leadership of the National Wheelchair Campaign for MNDA.
Other activities include the creation of a hugely successful swimathon for Action on Addiction, the Jennifer d'Abo Memorial Scholarship for British female Entrepreneurs, with fellow trustees Dame Vivien Duffield
Vivien Duffield
Dame Vivien Duffield, DBE , is an English philanthropist.-Career:The daughter of millionaire businessman Sir Charles Clore and his wife, Lady Francine, Vivien Louise Duffield was educated at the Lycée Français, Heathfield School and Lady Margaret Hall, Oxford University where she read languages...
and Lord Stevenson of Coddenham, The Invitational Golf Tournament at Woburn with Rupert Hambro and the St Paul's Knightsbridge Foundation with Alexander Armstrong
Alexander Armstrong (comedian)
Alexander Henry Fenwick Armstrong is a British comedian, actor and television presenter.-Early life and career:Armstrong was born in Rothbury, Northumberland, the youngest of three children, to Henry Angus Armstrong and his wife Emma Virginia Peronnet Thompson-McCausland, daughter of Lucius...
& Sahar Hashemi. Joel is also patron of Maths Action, a non-profit organisation, which aims to improve maths performance in Britain with Shirley Conran
Shirley Conran
-Background:Shirley Conran is a bestselling author, whose books include Lace, which was made into an 80s US miniseries and Superwoman. She has been a columnist for Vanity Fair, women's editor of The Daily Mail and a feature writer for The Observer newspaper.Conran was educated at the University...
, OBE.
As well as other interests in the UK, Joel has found other investment opportunities in India, specifically in areas where Longshot have previously been successful. Cadbury is also a trustee of UnLtd India, a foundation working with social Entrepreneurs in India to benefit local communities.
In 2009, Longshot Limited started again and raised significant funds to acquire leisure businesses with real underlying assets and in need of new capital and management.
In early 2010, Longshot Limited set up the Longshot Country Pub Company Limited (LCPC) to build a portfolio of Freehold Food & Beverage assets, within the A3/M40 corridor. The first purchase was in September 2010 - a small group of high quality Restaurants, known as Bel & The Dragon, which have made an ideal platform to build a medium sized Estate of Freehold Country Inns.
In April 2011, Longshot purchased Cherkley Court, along with key strategic partners - a 400 acre Estate of great historical value that was the home of the Beaverbrook family for almost 100 years. The Estate is situated in rolling landscape in an elevated setting, 2 miles from junction 9 of the M25, 20 miles from Central London and between the main London airports of Heathrow (15 miles) and Gatwick (10 miles).
Schooling and business
In 1979 Joel attended Heatherdown Preparatory SchoolHeatherdown Preparatory School
Heatherdown Preparatory School was an independent junior school for boys in the civil parish of Winkfield, near Ascot, in the English county of Berkshire. It closed in 1982...
in Ascot where he remained until 1982 when the school closed. Having left Eton College
Eton College
Eton College, often referred to simply as Eton, is a British independent school for boys aged 13 to 18. It was founded in 1440 by King Henry VI as "The King's College of Our Lady of Eton besides Wyndsor"....
aged 17, Cadbury started his working life in his first and only job as 'factory boy' at Thomas Tingley Steel Works in Elephant & Castle. He subsequently spent 5 years in the nightclub business working with over 30 clubs, entertaining 4,000 people per week until aged 23, an opportunity arose to purchase a bar and ended up with the acquisition of The Goat in Boots building and the foundation of Longshot in 1994.
1994 founded Longshot Limited
Longshot was founded by Joel with his lifelong friend Ollie Vigors, and partner Alex Langlands-Pearse. Set-up initially to purchase The Goat in Boots, Longshot expanded rapidly in the years following formation.1994
Launched the Kings Club (a private members club with 1200 members and a bridge club by day)with World Bridge Champion Andrew Robson. When Joel sold it in 2007, this business sold for 20 times the initial investment (£1.5 million).Founded Vingt-Quatre London's first and only 24-hour restaurant.
1999
Entered the neighbourhood restaurant business and created the two well-known Gastro pubs; The Admiral Codrington and The Salisbury Tavern, establishing a very successful business model.2000
Cadbury & Vigors then created and launched The Third Space, fifty yards from Piccadilly Circus. They turned a derelict mattress store into a 40000 square feet (3,716.1 m²) state of the art Health club, incorporating every element of Health & Fitness under one roof – including a 20 metre ozone treated pool, boxing ring, climbing wall and organic supermarket.Voted the Number 1 Health Club in BA Highlife magazine 2001, after 3 years The Third Space had over 3,500 members.
The Third Space includes London's largest integral Medical Centre (more than 30 orthodox and complementary Health Practitioners).
Cadbury and Vigors sold the company for more than £22million in 2008.
2004
Longshot plc agreed a £16.6million integrated debt and equity package with The Bank of Scotland Corporate Banking to develop new restaurants and refinance existing debt.2006
Cadbury and Vigors sold The Admiral Codrington, The Salisbury Tavern and Vingt Quatre for £4.8 million to Alex Langlands-Pearse.2008–present
Cadbury and Vigors are currently seeking investment opportunities in India in areas where Longshot has previously had great success. A partnership between Joel, long time business partner Ollie Vigors, and A.D. Singh & The Olive Group has already resulted in the launch of restaurant ai in Delhi in September.Philanthropic
Current non-commercial positions held:- Chairman of The Royal Parks Foundation
- Trustee of The Jennifer d'Abo Memorial Scholarship – a scholarship will be awarded each year towards the business education of an entrepreneurial British woman.
- Patron of St Paul's Knightsbridge Foundation
- Fellow of the RSA
- Patron of The Motor Neurone Disease Association – Chairman of charity golfing event The Invitational which has already raised circa £250,000 to create a fleet of wheelchairs for MND sufferers in the UK. Cadbury has committed to leading this campaign, which has now become National and is named in memory of his Uncle, David Carleton Paget.
- Trustee of UnLtd India
- Patron of Maths Action
Personal
Married Divia Lalvani in 2006 in a stunning wedding in Phuket Thailand.Divia has numerous business interests, but is best known as the creator and Founder of Zuma, the Japanese restaurant in London. After the hugely successful sale of Zuma, she now concentrates on her range of Divia teas and the development of the Royal Phuket Marina in Thailand.
Further reading
http://findarticles.com/p/articles/mi_qn4159/is_20050724/ai_n14806307?tag=content;col1http://www.telegraph.co.uk/news/newstopics/mandrake/3464464/Joel-Cadbury-seeks-a-Colony.html
http://www.longshotltd.com/History.aspx
http://www.graphitecapital.com/news-aug-07-TheThirdSpace.html
http://www.hbosplc.com/media/pressreleases/articles/bos/2004-05-30-00.asp?section=bos
http://findarticles.com/p/articles/mi_qn4158/is_20010428/ai_n14388664
http://goliath.ecnext.com/coms2/gi_0199-8630364/Joel-Cadbury-makes-a-sweet.html
http://www.business-standard.com/india/storypage.php?autono=333498
http://www.hellomagazine.com/celebrities/2006/04/06/cadburywedding/