Profit Track 100

More than 150,000 bookings made with this holiday cottage rental business were affected by the first national lockdown, and by July it was offering full refunds after changing its cancellation policy. Clive Sykes, 57, started the company in 1991 in the Yorkshire dales; it now has a portfolio of more than 20,000 properties in the UK, Ireland and New Zealand. Chief executive Graham Donoghue, 47, achieved annualised profits (ebitda) of £34.4 million in the year to September 2020. Vitruvian Partners acquired the Chester business in 2019, valuing it at £375 million.

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Company details
CompanySykes Holiday Cottages
ActivityHoliday cottage rental agency
Annual profit growth57.63%
Latest profits £000s‡†*34,399
Latest sales £000s†*92,029

If applicable:

* supplied by company † annualised figure ‡ profits = ebitda