Goldsboro Books breaks £1m turnover on 18th birthday

Goldsboro Books breaks £1m turnover on 18th birthday

Goldsboro Books has broken the £1 million turnover milestone for the first time, its co-owner revealed at a party to celebrate the shop’s 18th birthday.

David Headley said that despite a “particularly challenging year” for the company, it had seen a strong September and achieved the much-desired £1m figure at the event on Thursday night (28th September).

“This year has been a particularly challenging year for us, but we have invested in a new website which really helped us…For three years we have been trying to hit that million pound ceiling and we have never managed to get to the end of the year and make it, it has always been a bit fraught.  But we have now broken that ceiling, we have had the best September we have ever had, we are now over a million pound turnover.

“…This achievement is because I have the very best team working with me.”

Headley told The Bookseller the shop had achieved strong sales of key titles in September, particularly of The Core by Peter Bret (HarperVoyager), My Absolute Darling by Gabriel Tallent (Fourth Estate), the fifth in the Millenium series, The Girl Who takes and Eye for an Eye, by David Lagercrantz (MacLehose Press) and A Stranger in the House by Shari Lapena (Bantam Press).

However, the year had been challenging due to a few key hardbacks having a lower than usual r.r.p. of £12.99.

In July the company unveiled a new £25k website.

Headley told the crowd how he and his business partner Daniel began the company in the living room of their house in Newbury, and the pair had grown their business, opening a bricks and mortar bookshop in London’s Cecil Court and expanding into the adjacent premises.

Today Headley also runs the D H H literary Agency and Dome Press.

“Daniel and I have been quite astute in picking bestsellers,” he said. “There are lots of authors here we have had as our books of the month, because they are brilliant storytellers. It’s fair to say Goldsboro has been behind lots of big selling books and we will continue that way.”

He thanked publishers and editors for their support. “I have got so many friends among you, I love this job, I love this life, and you all make it so pleasurable, thank you,” he said.

After accepting the inaugural Goldsboro Books Glass Bell award for contemporary fiction for his fourth novel, Everyone Brave Is Forgiven (Sceptre), Chris Cleave spoke about how he “owed my life as a writer” to the business.

“My history with Goldsboro Books goes all the way back to my first novel,” Cleave said. “…My first novel was published on 7th July 2005 (Incendiary) and it was about a terrorist attack in London and it was withdrawn from sale pretty much on that day by every bookstore in London apart from Goldsboro Books, who were so incredibly brave and supported me right from the beginning. Its thanks to them that I think I managed to carry on writing. So I owe my life as a writer to Goldsboro Books. I couldn’t not be more grateful to have this award from them. I would like to accept it from all the writers who they help to thrive each year.”