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
Beds and BarsHostel and bar operator Central London Mar-18 2,784 51,936 625 1960
Burry & KnightConglomerate Christchurch, Dorset Sep-18 4,685 20,325 146 1955
Dairy PartnersCheesemaker Gloucestershire Dec-18 *5,000 *87,000 147 1994
ExclaimerEmail-signature software developer Farnborough Sep-18 *4,579 *9,645 61 2003
INSPECSEyewear designer/manufacturer Bath Dec-18 *†6,200 *45,000 1,300 1988
Ion ScienceGas detection manufacturer Hertfordshire Dec-18 *2,927 *14,832 100 1989
NRG Fleet ServicesTruck fleet management Skelmersdale Sep-18 6,277 86,312 411 1996
OE ElectricsSoft wiring manufacturer Wakefield Mar-18 3,420 19,467 195 1986
SpareRoomFlatshare site Manchester Dec-18 *2,126 *9,479 80 2002
Speciality DrinksAlcoholic drinks wholesaler/retailer Northwest London Jun-18 12,289 67,535 220 1999

* 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.