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BigDish aims to bring customers for restaurants and discounts for diners

Snapshot

  • Platform matches restaurants with diners during quieter periods
  • Operates through website and mobile phone app
  • Rapid UK expansion planned
Restaurant diners

Quick facts: BigDish PLC

Price: 2.95 GBX

LSE:DISH
Market: LSE
Market Cap: £10.29 m
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What BigDish does

BigDish PLC (LON:DISH) is a technology company that operates a platform that aims to help restaurants fill spare capacity by matching them with potential diners during quieter periods.

The BigDish platform does this by offering discounts to diners for reservations at restaurants at certain times of the day, usually when general demand is lower and the restaurant is looking to get people through the door.

The platform is operated through both a website and a mobile phone app.

 

Inflexion points

• In October, BigDish agreed to integrate its platform with a point of sale system to roll out more effectively

• All three territory managers have been recruited for London and all but two of the territory management positions outside London have been filled as of 1 August

• The company launched its restaurant booking platform in Brighton in July

 

CEO interview – Sanj Naha

 

Blue Sky

Speaking to Proactive, Naha said that having around 6,000 restaurants using the platform within two years is “absolutely achievable”.

He cites the example of Deliveroo, which over three to four years amassed around 18,000 UK restaurants on its platform.

The CEO also said that the recent focus had been on scaling and the processes for expanding the business once its new territory managers are in place.

Naha added that the firm was currently “having conversations” with a number of restaurant groups, and once these started coming on board “early next year” this would “significantly” grow the number of restaurants on the platform.

With the shares trading around 3.4p as of 3 October 2019, BigDish has a market cap of £11.9mln.

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