Britain’s fast-growing profit stars celebrated

12th June 2019

Gymshark, INSPECS, Loveholidays, Princess Yachts and Revolution Beauty, landed special awards at our 20th annual Sunday Times BDO Profit Track 100 awards dinner in London last night.

Growth journeys, shared values and personal motivation were on the agenda as the founders and senior directors of the UK’s 100 private companies with the fastest-growing profits networked at our Sunday Times BDO Profit Track 100 awards ceremony, co-hosted by our sponsors and Fast Track’s founder & CEO, Hamish Stevenson.

All 100 companies received an award certificate to recognise their success. The companies increased their operating profits over their latest three years by between 54% and 191% a year to a total of £840m. Staff numbers rose by 14,200 over the same period to 43,400.

 

 

Guests welcomed

The 250 guests at the dinner included founders and senior directors from leading private companies across the UK, such as bet365, Orbital Education, PureGym, Regatta and River Island.

Guests were welcomed by Paul Eagland, managing partner at title sponsor BDO. He said: “The correlation between the people who achieve a place on this league table and their future success is incredibly strong. By definition, you are all in grow mode and your journeys will be fascinating to watch.”

 

 

Q&A with Lance Uggla, founder and chief executive of IHS Markit

Before dinner, guests heard from Lance Uggla, chief executive of IHS Markit – the global information provider valued at $25bn – who founded Markit, which featured on the Profit Track 100 in 2012 with profits of £88.5m, and led its 2016 merger with IHS. He was interviewed by Oliver Shah, business editor of The Sunday Times.

 

 

Uggla advised entrepreneurs to believe in the bigger picture. “Maintain an interest in the impossible and be excited about things you haven’t done before. If you lead with that passion, people want to work with you and participate in the success of what you’re doing.”

 

Speech by Sir Lloyd Dorfman, founder of Travelex

After dinner, Sir Lloyd Dorfman, shared his entrepreneurial story. He founded Travelex – which featured on the inaugural Profit Track 100 in 2000 with profits of £5.7m and for the next four consecutive years, and was valued at £1.1bn when he sold a majority stake in 2005 – before founding and leading a series of other ventures from flexible office space to retail technology.

 

The 2019 Profit Track 100 Awards Dinner from Fast Track on Vimeo.

 

Our sponsors

Recognising the achievements of all these companies is made possible by our title sponsor BDO, and our main sponsors – UBS Wealth Management and Santander.

More information on the league table

The 2020 Sunday Times BDO Profit Track 100 will be published next year in April with an awards dinner in June. 

For company nominations please enter your details here 

For opportunities to meet and build relationships with the founders and directors of these profitable private companies, see sponsorship opportunities for Profit Track 100

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