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:

  • Resilience in the face of the pandemic
  • 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
GtechDomestic appliance manufacturer Worcestershire Nov 14 *6,500 *47,500 65 2001
GymboxGym operator Central London Oct 14 2,361 9,851 60 2001
Mark Allen GroupBusiness and education publisher South-East London Mar 14 2,302 18,982 150 1985
OrangeboxOffice furniture manufacturer Cardiff Dec 14 *5,289 *48,677 360 1998
QuornFood producer North Yorkshire Dec 14 *19,633 *150,300 614 1985
San CarloRestaurant operator Birmingham Sep 14 *2,198 *39,365 720 1992
Victoria + Albert BathsLuxury bath manufacturer Telford Jun 14 *5,087 *19,655 285 1996
William Reed Business MediaTrade journal publisher Crawley Mar 14 *2,384 *43,143 340 1861
X-Cel SuperturnPrecision engineer Sheffield Mar 14 3,902 23,484 138 1984
Yours ClothingPlus size clothing retailer Cambridgeshire Feb 14 2,708 32,098 445 1994

* 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 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.