Muntons makes and supplies malt-based ingredients for clients including Carlsberg, Kellogg’s and Mars. The Yorkshire and Suffolk-based business also has offices in America and last year it started a joint venture in Asia where malted cold drinks are popular. Managing director Alan Ridealgh, 60, saw profits rise to £9.4m in 2016, thanks to overseas growth as well as domestic demand from the thriving craft brewing and Scottish distilling industries.

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Company details
ActivityMalt manufacturer
Annual profit growth129.46%
Latest profits £000s9,424
Latest sales £000s91,479

If applicable:

* supplied by company † annualised figure