Chairman Eric Herd, 60, inherited Farmfoods from his father, who started the company as a meat distributor in Aberdeen in 1955. From its headquarters near Glasgow, Eric has built the firm into a 300-strong network of frozen-food stores with more than 4,300 staff, and plans to open more shops in the south of England. In 2015 turnover fell by 13% to £694m, despite a 7% growth in profits to £28m.

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
ActivityFrozen food retailer
Sales £m694
Profit £m28
Year endDec 15
Principal shareholdersEric Herd and family (100%)

If applicable:

* Supplied by company † Annualised figure