Companies like Asda and Budweiser use City Refrigeration to manage and maintain their buildings and facilities. Former Celtic director Willie Haughey and his wife Susan set up this Glasgow company in 1985 to supply refrigeration services to the pub trade. In 1997 they decided to capitalise on the outsourcing trend, and the company has since expanded to achieve sales of £214.7m in 2003, when it employed 7,000 people.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2005
Rank87
CompanyCity Refrigeration Holdings
ActivityFacilities maintenance provider
LocationGlasgow
Sales £m214.7
Operating profit £m4.1
Main shareholdersWilliam and Susan Haughey (98%)
Staff7,217
Founded1985
Websitewww.city-holdings.co.uk

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda