This Plymouth-based business, whose 3,000 staff build luxury vessels ranging in size from 35ft to a mighty 130ft, is majority-owned by L Catterton, a private equity fund backed by the luxury goods giant LVMH. Executive chairman Antony Sheriff, 56, is leading a five-year, £100m investment programme and saw profits nearly treble to £29.8m in 2018, when it launched six new models.

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Company details
Year2019
Rank49
CompanyPrincess Yachts
ActivityLuxury yacht builder
LocationPlymouth
Sales £m340.3
Operating profit £m29.8
Main shareholdersL Catterton and others (98.5%), management (1.5%)
Staff2,865
Founded1965
Websitewww.princessyachts.com

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda