Top Track 250

This Glasgow-based company became independent in 2015 after demerging from the Denholm Group. It provides services such as maintenance, fabrication and decommissioning to energy companies from its bases in the UK, Middle East, Caspian Sea and America. Led by chief executive Michael Beveridge, 54, it offered deep cleaning services to clients in lockdown. Profits grew 92% to £28.6m last year, on sales of £191.2m.

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Company details
Year2020
Rank118
CompanyDenholm Energy Services
ActivityEnergy sector services provider
LocationGlasgow
Sales £m191.2
Operating profit £m28.6
Main shareholdersDenholm family (80%), other individual shareholders (20%)
Staff4,527
Founded2014
Websitewww.denholm-oilfield.com

If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda