Published this weekend, the 18th annual Sunday Times HSBC Top Track 100 league table ranks Britain’s 100 private companies with the biggest sales.
The three companies headquartered in Yorkshire have made a significant contribution to the regional economy. Together they achieved sales of £3.3bn and profits of £635m in their latest financial year, and employ more than 8,700 people.
The region’s top-ranked company is Bradford-based JCT600 at No 43 with sales of £1.3bn in 2018, up 2%. The car dealer operates 52 showrooms across northern England, selling 20 marques including the recently added Mitsubshi as well as Audi, VW, and Mercedes-Benz, and prestige brands including Ferrari, Porsche and Aston Martin.
The other car dealer in Yorkshire, Doncaster-based Stoneacre Motor Group (No 64) also has over 50 dealerships. It is led by managing director Shaun Foweather, who has overseen a series of acquisitions, which helped sales rise 25% to £980m.
The companies in Yorkshire appear alongside well-known British names, including bet365, Clarks, Iceland, JCB, John Lewis Partnership, Nando’s and Specsavers.
This year, the 100 companies reached a record £220bn in total sales, up 14% on the prior year, with total profits of £24.6bn, up by 15%. Almost four in five companies (78) increased sales in their latest financial year.
The league table programme is sponsored by HSBC, Linklaters and PwC, and compiled by Fast Track, the Oxford-based research and networking events firm.
Amanda Murphy, Head of Commercial Banking, HSBC UK, commented:
“Once again, Britain’s most ambitious private enterprises have shown their mettle by shrugging off uncertainty, growing their combined sales 14% to a record £220bn. It’s reassuring that UK businesses are navigating change so confidently. The companies in the Top Track 100 are an inspiration to all, and we at HSBC UK are thrilled to see them thrive.”