Sixteen Scottish companies feature in private mid-market growth companies league table


Published this weekend, the 15th annual Sunday Times Grant Thornton Top Track 250 league table ranks Britain’s private mid-market growth companies with the biggest sales.

The 16 companies headquartered in Scotland (compared to 20 in 2018) have made a strong contribution to the economy. The companies increased combined sales 13% to £3.5bn and operating profits 27% to £302m, and they employ more than 25,000 people.

The mid-market growth company with the largest sales is Aberdeen engineering group EnerMech, which grew them 15% to £414.3m; while Edinburgh Airport achieved the highest profits, increasing them 20% to £97.3m on sales of £203.9m in 2018 as it handled 14.3m passengers and opened an expanded terminal.

Featuring on the league table for the first time are Edinburgh-based fintech firm FNZ, which was valued at £1.65bn last year; and Glasgow’s G1 Group, which operates more than 56 venues, including nightclubs, restaurants, cinemas, a casino and Scotland’s smallest pub.

Vishal Chopra, Partner at Grant Thornton UK LLP, the title sponsor of the league table, praised the companies for their performance:

“Whilst the headwinds of political and economic uncertainty have been a consistent feature of the UK economy over the past year, mid-market firms have continued to prove their resilience. They’ve demonstrated their adaptability to uncertain times and found opportunities for growth, both at home and abroad.”

The latest stories

Major report reveals large growth in Scottish land value
Major boost for Edinburgh city centre as three retailers commit to Princes Street / Hanover Street corner
Popular Bridge of Weir restaurant launches fourth annual charity Christmas toy collection
Professionals help DGC learners plan route to success