Six Scottish companies feature on biggest British private companies league table

05/07/2018

Six companies headquartered in Scotland are featured on the 17th annual Sunday Times HSBC Top Track 100 league table, which ranks Britain’s 100 private companies with the biggest sales.

Published this weekend, the six companies featured on the list achieved sales of £8.2bn and profits of £976m in their last financial year, and collectively employ more than 25,000 people.

[adbutler zone_id=’297765′]

The highest-ranked company in Scotland is car dealer Arnold Clark (No 7), headquartered in Glasgow, which announced plans in February to recruit 300 apprentices for roles at its 200 dealerships across the UK following 7% sales growth in 2017, to a record high of £3.9bn.

The six Scottish companies include two new entrants: Hamilton-based Parks Motor Group (No 82), which has shifted up a gear since acquiring motor group Macrae & Dick in January 2016, with 41% sales growth to £777m in 2017; and whisky and rum distiller Edrington  (No 91), based in Glasgow whose sales rose 5% to £739m in 2018.

The other Scottish companies on the list are drinks firm William Grant & Sons (No 54), Aberdeen-based KCA Deutag (No 66) with sales of £904m, and also Aberdeen based motor dealer John Clark Motor Group (No 90) with sales of £742m.

The companies in Scotland appear with businesses from around the UK, including high-profile, national brands such as Aston MartinDysonJCB and Specsavers.

This year, the 100 companies reached a record £205bn in total sales, up an average of 16% on the prior year, with record total profits of £23.5bn, up by 10%. An impressive 90 companies increased sales in their latest financial year.

The league table is sponsored by HSBCLinklaters and PwC and compiled by Fast Track, the Oxford-based research and networking events company.

Amanda Murphy, Head of Commercial Banking at HSBC UK, said:

“Once again, Britain’s most ambitious private enterprises have shown their mettle by shrugging off uncertainty to grow at an even faster rate than the year before. The businesses in the Top Track 100 are an inspiration to all, showing just what can be achieved with entrepreneurial spirit and a determination to succeed. The six companies in Scotland are the kinds of firms that provide the backbone of our economy, and we at HSBC UK are thrilled to see them thrive.”

[yikes-mailchimp form=”2″ title=”1″ description=”1″]

The Latest Stories

Edinburgh based business raises $5 million to change the legal industry
Law firm advises John Lewis Partnership on new acquisition
Highland hotel reaches world “green” final
McGill’s CEO wins lifetime achievement award