The Sunday Times Top Track 250 is an annual league table published in association with The Sunday Times newspaper in the UK. It ranks Britain’s private mid-market growth companies with the biggest sales. It is published in The Sunday Times each October, with an awards event typically held in November,[1] and alumni dinners during the year. The league table is researched and produced by Fast Track, an Oxford based research and networking events business.[2]
About Fast Track
Fast Track is a leading research and events company that has built a network of the UK’s top-performing private companies, from the fastest-growing to the biggest, through its rankings in The Sunday Times. Founded in 1997[3] by Hamish Stevenson,[4][5] it now publishes seven annual league tables and brings company founders and directors together at invitation-only networking awards events and alumni dinners.[6]
Entry criteria
Companies have to meet the criteria below to be able to qualify for the Top Track 250 league table:[7][8]
- Sales are typically between £700m (the bottom ranked company on Top Track 100) and £120m
- UK registered, unquoted, and not subsidiaries
- Sales are taken as total turnover, net of VAT
- Sales in the latest year must have grown by 5% or more for companies with the highest sales, graduated to 10% for those with lower sales; or profit growth must have been 5% or more
- Companies must also have operating profit margins that exceed 2%
- Trading weeks in the latest year have to exceed 25
- Companies may have their ultimate holding company offshore
Exclusions
- Companies that are equal joint ventures, or majority-owned by quoted or other companies
- Companies with the majority of sales generated by their quoted subsidiaries
- Companies with fewer than 50 staff
- Not-for-profit companies, co-operative societies, mutual societies, provident associations, and member-owned buying groups
Companies that do not meet all the criteria can still be considered for the Ones to Watch programme,[9] particularly if they forecast good sales growth
Notable alumni companies
Top Track 250 was launched in 2005 to recognise Britain’s private mid-market growth companies with the biggest sales. Since its launch, more than 1,000 companies have appeared on the league table, including:
- Dyson, which was first featured in 2005 with sales of £277.1m,[10] and by 2019 was ranked at No.7 on Top Track 100 with sales of £4.4bn, and profits of £1.1bn[11][12][13]
- The Watches of Switzerland Group, which featured 10 times before its IPO in May 2019, valuing it at £647m[14]
- B&M Retail featured three times from 2009 to 2011,[15][16][17] with initial sales of £255.9m, before its IPO in June 2014 valuing it at £2.7bn[18][19][20]
- IHS Markit first featured in 2010 with sales of £305m;[21] floated in 2014 and completed a $13bn merger with IHS in 2016[22][23][24]
- Ocado first featured in 2006, with sales of £143m[25] and floated in 2010[26][27]
Latest Top Track 250 list
The 16th annual Sunday Times Top Track 250 league table supplement was published on 27 September 2020 and featured established brands including Dr Martens,[28] and Thatchers Cider[29] as well as number 1 ranked company Turner & Townsend.[30]
Previous rankings
2013 Top Track 250 list
Virgin Active, the health club operator, was ranked 1st in the Sunday Times Top Track 250 with sales of £641.5 million, a rise of 14 places compared to 2012.
Other significant rises in The Top Track 250 league table include Wonga.com (Sales £309.3 million), with a rise of 140; Countryside Properties (Sales £272.9 million) – rise of 85; Opus Energy (Sales £369.5 million) – a rise of 73; The Range (Sales £381.9 million) – a rise of 63.[31]
2012 Top Track 250 list
Shepherd Group, one of the UK's leading family-owned private businesses, was named in 1st position of The Top Track 2012 with sales of £607.7 million.
New entrants to The Top Track 2012 include A.T. Kearney – management consultancy – with sales of £604.1 million; Camelot UK Lotteries – lottery operator – with sales of £574.5 million; Aurora Fashions – fashion retailer – with sales of £568.8 million; City Electrical Factors – electrical parts wholesaler – with sales of £527.2 million.[32]
2011 Top Track 250 list
Partnership, the life assurance specialist was ranked number 1 in Top Track 250 for the first time in 2011 with sales of £587.9 million, followed by: Noble Foods – egg products manufacturer – with sales of £558.8 million; Farmfoods – frozen food retailer – with sales of £558 million; Edrington – whisky and rum distiller – with sales of £553.4 million; and Gondola – restaurant operator – at position 5, with sales of £545 million.[33]
2010 Top Track 250 list
The Sunday Times Top Track 250 league table list was published on 17 October 2010 with the title sponsor HSBC. The Sixth Annual Sunday Times HSBC Top Track 250 awards dinner was held at the Jumeirah Carlton Tower Hotel in London on the night of 14 October and was attended by owners and directors of country's leading mid-market private companies. The sixth annual Top Track 250 league table supplement was published in The Sunday Times on 17 October 2010 with HSBC as the title sponsor.[34]
TJ Morris 590.3 (Sales £m), Watson Petroleum 584.7 (Sales £m), Aurora Fashions 550.0 (Sales £m), Vestey Group 541.2 (Sales £m), Dunbia 540.4 (Sales £m), Noble Foods 533.5 (Sales £m), NDS Group 521.7 (Sales £m), Harrods 519.8 (Sales £m), Agricola Group 510.8 (Sales £m), Warburtons 510.5 (Sales £m)[34]
Southall Travel is the only travel agency included in the influential league table. The agency recorded astounding sales of £203.1 million for the year ending March 2010 and was ranked at 148th place. Other companies from the travel industry listed include Gatwick airport in 16th with sales of £475 million, the Alternative Hotel Group at 18th with sales of £465 million, Travelodge at 71st with sales of £297 million, Park Resorts at 215th with sales of £154 million and Holiday Extras at 236th with sales of £145 million.
2008 Top Track 250 list
The 250 companies in the list follow on from the Top Track 100 list published in June. The companies account for 5% of GDP and 1.5% of the UK workforce. The Combined turnover is £69 billion ( up £11 billion on 2007)saw an average profit increase of 67% pa with the maximum increase being 114% pa. Profits across the list vary greatly with many firms in the Profit Track 100 list, totalling over £4 billion. Employees increased from 400,000 to 477,000 in these companies over last years list. The list includes some well known household names, some of whom were taken private (De listed companies). Some are wholly Family owned others are owned by Venture capital trusts, or bank investors. Some previous entrants have now floated.
This list is compiled from the Sunday Times Top Track 250, 2008.[35]
Rank | Company name | Sector | Location | T/o(Sales) (£ Million) | Profit(nett) (£ Million) |
---|---|---|---|---|---|
1. | Flybe | Airline | Exeter | £536 | £38 |
2. | Mace | Construction (PM) | London | £531 | £6.8 |
3. | NG Bailey | Construction (M&E) | Leeds | £524 | |
4. | Samworth Brothers | Food production | Leicestershire | £518 | |
5. | Odeon Cinemas & UCI Cinemas Group | Leisure | London | £517 | |
6. | Aston Martin | Car Manufacturer | Warwickshire | £515 | |
7. | Dyson | Household appliances | Wiltshire | £514 | |
8. | Firth Rixson | Engineering & aerospace | Sheffield | £492 | |
9. | Morrison Utility Services | Construction | Stevenage | £492 | |
10. | McCarthy & Stone | Retirement home Builders | Bournemouth | £471 | |
11. | Formula One Administration | Motor Racing | London | ||
12. | Associated British Ports | Port operator | London | ||
13. | Perrys Motor Sales | Car Dealerships | Northampton | ||
14. | Healthcare at Home | Healthcare provider | Burton on Trent | ||
15. | Murray International | Conglomerate | Edinburgh | ||
16. | Spire Healthcare | Healthcare provider | London | ||
17. | Countryside Properties | Property developer | Brentwood | ||
18. | Northern & Shell | Newspapers & Publishing | London | ||
19. | Giant Group | Outsourcing provider | London | ||
20. | Harrods | Department store operator | London | £440 | £45.8 |
21. | Gondola | ||||
22. | Watson Petroleum | ||||
23. | Edwards Industrial | ||||
24. | Bernard Matthews | Food production | Norwich | £422 | £21.6 |
25. | Warburtons | ||||
26. | Kearney | ||||
27. | William Grant & Sons | Whiskey Distiller | |||
28. | PA Consulting Group | ||||
29. | Henderson Group | ||||
30. | CP Holdings | ||||
31. | Farmfoods | ||||
32. | Halcrow Group | ||||
33. | Vertex | ||||
34. | Willmott Dixon | ||||
35. | 2 Sisters Food Group | ||||
36. | Weetabix | Cereal manufacturer | Northamptonshire | £372 | £61.1 |
37. | SHS Group | ||||
38. | Four Seasons Health Care | ||||
39. | Arqiva | ||||
40. | BOCM Pauls | ||||
41. | Carcraft | ||||
42. | Bargain Booze | ||||
43. | Noble Foods | ||||
44. | Pets at Home | ||||
45. | Dhamecha Foods | ||||
46. | Northgate Information Solutions | ||||
47. | Argent Group | ||||
48. | Barchester Healthcare | ||||
49. | Selfridges | Department store operator | London | £348 | |
50. | Stewart Milne | ||||
51. | Polstar | ||||
52. | Alexander Mann Solutions | ||||
53. | Telegraph Media Group | Newspaper publishing | London | £341 | |
54. | Zavvi | (formerly Virgin music shops) Retail | London | £341 | |
55. | Pentagon Motor Group | ||||
56. | Langley Holdings | ||||
57. | ERM Consultants | ||||
58. | Bayford & Co | Fuel distributors | Leeds | £335 | £2.1 |
59. | Agnew Group | ||||
60. | James Hall & Company | ||||
61. | |||||
62. | |||||
63. | |||||
64. | |||||
65. | |||||
66. | Direct Wines (Laithwaites) | Mailorder Wine Distributor | £317 | £2.7 | |
67. | |||||
68. | |||||
69. | |||||
70. | Virgin Active | Health clubs | Milton Keynes | £313 | £19.2 |
71. | Telent | Communications | Warwick | £311 | £22 |
72. | Poundland | Retail operators (Discount shops) | West Midlands | £311 | |
73. | ASCO | ||||
74. | Eastern Western Motor Group | ||||
75. | PHS | ||||
76. | |||||
77. | |||||
78. | |||||
79. | |||||
80. | |||||
81. | |||||
82. | |||||
83. | |||||
84. | |||||
85. | |||||
86. | |||||
87. | Rix Petroleum | Fuel distributor | Hull | £294 | |
88. | Sunseeker International | Yacht builder | Poole (Dorset) | £293 | £13.7 |
89. | Anglian Group | Building supplies (Windows) | Norwich | £292 | £8.2 |
90. | Ridgeway Group | ||||
91. | |||||
92. | |||||
93. | |||||
94. | |||||
95. | |||||
96. | |||||
97. | Emap Communications | Media publisher | London | £283 | |
98. | Fenwick | Department store | Newcastle | £280 | |
99. | Berry Brothers & Rudd | ||||
100. | Globespan | ||||
101. | |||||
102. | |||||
103. | |||||
104. | |||||
105. | |||||
106. | CPL Industries | Fuel distributor | Chesterfield | £274 | |
107. | |||||
108. | Ocado | Online food retailer | Hatfield | £272 | |
109. | |||||
110. | Seddon Group | ||||
111. | Williams Group | ||||
112. | |||||
113. | |||||
114. | |||||
115. | |||||
116. | Barrett Steel Group | Steel Distributor | Bradford | £261 | |
117. | |||||
118. | |||||
119. | |||||
120. | Ballyvesy Holdings | ||||
121. | British Seafood | ||||
122. | NCP | Car park operator | Croydon | £253 | |
123. | Center Parcs UK | Holiday park operator | Nottinghamshire | £251 | |
124. | Osbourne | Building Contractors | Chichester | £251 | |
125. | Freightliner Group | ||||
134. | David McLean | Building contractor | Flintshire | £245 | |
135. | DC Thomson | ||||
136. | Travelodge | Budget Hotel chain | Oxfordshire | £243 | |
140. | TJ Hughes | Retailer, | Liverpool | £240 | |
150. | Vue Entertainment | ||||
157. | Pret a Manger | Sandwich & Coffee shops | London | £222 | |
158. | |||||
159. | |||||
160. | City Refrigeration Holdings | ||||
161. | |||||
162. | |||||
163. | |||||
164. | |||||
165. | Clancy Docwra | ||||
166. | TC Harrison | Car & JCB Dealerships | Derbyshire | £215 | |
169. | Borders (UK) | Book retailer | London | £215 | -£9.5 |
170. | Apollo Group | ||||
171. | Alexander Dennis | Coach & Bus builders | Falkirk | £213 | |
174. | Ebuyer | Internet retailer | East Yorkshire | £212 | |
175. | BGL Group | ||||
176. | |||||
177. | |||||
178. | |||||
179. | Manchester United Football Club | Football Club | Manchester | £210 | |
180. | GK Group | Car Distributor | Chesterfield | £209 | |
187. | McLaren Automotive | Race car builder & team | Surrey | £206 | |
188. | |||||
189. | |||||
190. | Moody International | ||||
191. | Arsenal Football Club | Football team | London | £200 | |
192. | |||||
193. | David Lloyd Leisure | Health club operator | Hatfield | £198 | |
194. | |||||
195. | Bulkhaul | Transport specialist | Middlesbrough | £196 | |
196. | Epwim Group | ||||
197. | Danoptra | ||||
198. | Travelsphere | ||||
199. | Thomas Vale | ||||
200. | Lamex Food Group | ||||
207. | Snax 24 | Forecourt operator | Hertfordshire | £191 | |
208. | Cleveland Cable Company | Cable Distributor | Middlesbrough | £191 | |
209. | Swift Group | Caravan & Motorhome manufacture | East Yorkshire | £191 | |
210. | Malcolm Group | ||||
217. | Simons Group | Construction | Lincolnshire | £188 | |
218. | |||||
219. | |||||
220. | |||||
221. | |||||
222. | |||||
223. | |||||
224. | |||||
225. | Betfair | Online Bookmaker | London | £181 | |
227. | Maplin Electronics | Electronics retailer | Rotherham | £179 | |
229. | Shearings (Wallace Arnold) | Tour operator | Lancashire | £179 | |
230. | Cromwell Group | ||||
231. | Mabey Group | Bridges, Steel & Engineering | Reading | £177 | |
232. | |||||
233. | |||||
234. | BizzEnergy | Electricity supplier | Worcestershire | £175 | |
236. | Gilders Group | Car distributor | Sheffield | £173 | |
237. | Davies Turner| | ||||
238. | |||||
239. | |||||
240. | Best Connection Group | ||||
241. | McNicholas Construction | ||||
242. | CF Booth | Recycling & Scrap merchants | Rotherham | £169 | |
250. | Harvey Nichols | Department store operator | London | £166 |
Other Fast Track publications
Top Track 250 is one of seven league tables of private companies produced by Fast Track and published in The Sunday Times:
- Fast Track 100 – ranks the UK’s fastest-growing private companies based on sales (excluding TMT companies, which appear in Tech Track 100 (see below)
- SME Export Track 100 – ranks the UK's SMEs with the fastest-growing international sales
- Tech Track 100 – ranks the UK’s fastest-growing private technology companies based on sales (the sister table to Fast Track 100)
- International Track 200 – ranks the UK’s private mid-market companies with the fastest-growing overseas sales
- Profit Track 100 – ranks the UK’s private companies with the fastest-growing profits
- Top Track 250 – ranks the UK’s leading mid-market private companies based on sales and/or profits growth
- Top Track 100 – ranks the UK’s biggest private companies based on sales
References
- ↑ "Fast-growth aces saluted at Sunday Times Grant Thornton Top Track 250 awards". The Sunday Times. 24 November 2019. ISSN 0140-0460. Retrieved 27 April 2020.
- ↑ "Branson helps open new Fast Track office". Oxford Mail. 16 July 2001. Retrieved 27 April 2020.
- ↑ "Business: British companies 'inspiring'". The Independent. 8 December 1997. Archived from the original on 25 May 2022. Retrieved 17 April 2020.
- ↑ "Fast Track Ltd". Fast Track. Retrieved 16 April 2020.
- ↑ "Branson helps open new Fast Track office". Oxford Mail. 16 July 2001. Retrieved 17 April 2020.
- ↑ "The Fast Track". Peoplevox. 9 August 2017. Retrieved 17 April 2020.
- ↑ "Top Track 250 entry criteria". Fast Track. Retrieved 27 April 2020.
- ↑ "Advanced Computer Software Group makes The Sunday Times Grant Thornton Top Track 250". AccountingWEB. 8 October 2015. Retrieved 27 April 2020.
- ↑ "Top Track 250 Ones to Watch". Fast Track. Retrieved 27 April 2020.
- ↑ "2005 Top Track 250 league table". Fast Track. Retrieved 27 April 2020.
- ↑ "Dyson make top 10 in list of Britain's biggest private companies". Wilts and Gloucestershire Standard. Retrieved 27 April 2020.
- ↑ "Britain's Top 10 Private Family Businesses 2019 - Institute for Family Business (IFB)". www.ifb.org.uk. Retrieved 27 April 2020.
- ↑ Media, Insider. "Five giants make Top Track". Insider Media Ltd. Retrieved 27 April 2020.
- ↑ "Watches of Switzerland valued at £647m following IPO debut - Retail Gazette". 30 May 2019. Retrieved 27 April 2020.
- ↑ "2009 Top Track 250 league table". Fast Track. Retrieved 27 April 2020.
- ↑ "2010 Top Track 250 league table". Fast Track. Retrieved 27 April 2020.
- ↑ "2011 Top Track 250 league table". Fast Track. Retrieved 27 April 2020.
- ↑ "B&M IPO delivers £1bn payday for owners". Financial Times. 12 June 2014. Retrieved 27 April 2020.
- ↑ Butler, Sarah (12 June 2014). "B&M Value Retail's stock market float sees return of Sir Terry Leahy". The Guardian. ISSN 0261-3077. Retrieved 27 April 2020.
- ↑ Mattinson, Alec. "B&M Bargain valued at £2.7bn after pricing IPO". The Grocer. Retrieved 27 April 2020.
- ↑ "2010 Top Track 250". Fast Track. Retrieved 29 April 2020.
- ↑ Agencies (19 June 2014). "Markit prices IPO at $24 a share". ISSN 0307-1235. Archived from the original on 22 June 2014. Retrieved 29 April 2020.
- ↑ "IHS to buy data provider Markit, combined company to base in UK". CNBC. 21 March 2016. Retrieved 29 April 2020.
- ↑ Team, Trefis. "An Overview Of IHS Markit's Business And Outlook". Forbes. Retrieved 29 April 2020.
- ↑ "2006 Top Track 250 league table". Fast Track. Retrieved 29 April 2020.
- ↑ Wood, Zoe; Bowers, Simon; Finch, Julia (6 July 2010). "Ocado is stacking up to be biggest flotation of the year, but no bargain". The Guardian. ISSN 0261-3077. Retrieved 29 April 2020.
- ↑ "Ocado gives green light for £1bn float". www.ft.com. 18 June 2010. Retrieved 29 April 2020.
- ↑ Telegraph, Northants (8 October 2015). "Northamptonshire firm top five mid-market companies biggest sales". Northants Telegraph. Retrieved 29 April 2020.
- ↑ Telford, William (25 September 2020). "Gregory Distribution, Ecotricity and Thatchers Cider join the elite". Business Live. Retrieved 11 December 2020.
- ↑ "2019 Top Track 250 league table". Fast Track. Retrieved 29 April 2020.
- ↑ "2013 Top Track 250 league table". The Sunday Times. 13 October 2013.
- ↑ "2012 Top Track 250 league table". The Sunday Times. 17 October 2012.
- ↑ "2011 Top Track 250 league table". The Sunday Times. 20 October 2011.
- 1 2 TWK. "Fast Track". Fast Track. Retrieved 3 January 2020.
- ↑ "Top Track 250 2008 league table". Fast Track.