Profit Track 100

10 Profit Track Ones to Watch

The 10 Profit Track Ones to Watch represents the best of the rest of the companies whose profit growth falls just short of the main league table, but who have shown good profit growth in the past and are set to grow rapidly in the future. All shortlisted companies are visited by the Fast Track research team and assessed for inclusion based on factors such as:

  • Strong current or forecast profit growth
  • The business model and sales growth
  • Experience of the management team
  • Investor credibility and funds raised

This year’s 10 Profit Track Ones to Watch was judged by BDO, Fast Track, and David Buttress, UK co-founder & former CEO of Just Eat and partner at 83North VC (see bio below). The 10 finalists were due to be featured in the 21st annual Profit Track 100 supplement on 5 April. Given the pandemic we delayed publication in order to liaise with the featured companies. Three companies asked to withdraw, with the remaining seven published in a special Profit Track Covid-19 supplement in The Sunday Times on 26 April.

An overall winner was presented with an award at the Profit Track awards event on 15 October.

Company HQ Location Year end Profits £000 Sales £000 Staff Founded
BenRiach DistilleryWhisky distillery Edinburgh Dec 09 3,732 15,072 32 2004
CPL AromasFragrance designer and maker Hertfordshire Mar 10 6,494 47,179 302 1971
DDD GroupPharmaceutical manufacturer Watford Dec 09 3,175 33,294 217 1912
Dr MartensShoe manufacturer and retailer Northamptonshire Mar 10 8,618 82,917 264 1960
HTIToy manufacturer and distributor Lancashire Mar 10 5,645 66,190 172 1952
Icon LiveFashion accessories supplier West Sussex Feb 10 †5,419 †87,301 1,687 2002
Metaswitch NetworksCommunications technology provider Enfield Aug 10 8,093 82,400 523 1981
RaynerOptician and intraocular lens maker Buckinghamshire Dec 09 6,782 47,003 885 1910
Sheffield ForgemastersSteel manufacturer Sheffield Jun 10 9,483 104,831 797 2003
Zuma GroupRestaurateur Central London Dec 09 11,000 42,000 1,000 2002

* supplied by company

Chairman of the judges

David Buttress, UK co-founder & former CEO, Just Eat; partner at 83North VC

Just Eat - David ButtressDavid is an entrepreneur and angel investor who launched online takeaway ordering service Just Eat in the UK in 2006. It featured on our Tech Track 100 in 2011 with sales of just £18.8m; and David led the business from 2013 to 2017, overseeing several major UK and international acquisitions, such as Hungryhouse in the UK, and its £1.5bn IPO in 2014.

He stepped down from the board in 2018. Just East merged with Takeaway.com in 2020, and the combined group is valued at £14bn.

David is a partner at VC firm 83North, which invested in merchant services firm iZettle, sold to PayPal in 2018 for $2.2bn. He is also an angel investor in start-ups, including homecare services firm Cera, which was a 10 Tech Track Ones to Watch in 2020.