Nine companies headquartered in Yorkshire have been included on a league table of British private companies with the fastest-growing profits.
Published this weekend, the Sunday Times BDO Profit Track 100 features six new Yorkshire entries. Last year, the region had six on the list in total.
The nine firms to feature this year have made a strong contribution to the local economy, together employing 4,170 staff and have achieving combined profits of £65m.
Making its first appearance on the league table is SportsShoes.com, which sells more than 12,000 running and fitness products to customers in 100 countries. The Shipley-based group was founded in 1982 by former Bradford City and Bristol Rovers footballer Bruce Bannister, and is led today by his son Brett. Profits grew by an average of 82% a year to £4.4m in 2018.
Appearing for the fourth time is Ilkley-based NG Bailey. The group provides mechanical and electrical engineering and facilities maintenance — recent projects include Manchester University’s engineering campus and the rail control centre at London Bridge. Profits grew by an average of 90% a year to £13.7m in 2018
Mark Lythe, Joint Managing Director at Sheffield-based Pricecheck,, said: “Pricecheck is achieving growth that’s both structured and consistent. We’re continually pushing boundaries and business opportunities.
“We’re committed to investing in the very best people, training, development and technology. This combination has led to excellent, ongoing growth across the business.
“We’ve been building and maintaining close relationships with suppliers, customers, partners and allies for 41 years. To see Pricecheck continually recognised in the FastTrack awards is a tremendous credit to our hard-working and ambitious team.”
The companies in Yorkshire appear alongside well-known British brands, including fitness clothing retailer Gymshark, luxury yacht builder Princess Yachts and jewellery and watch retailer The Watches of Switzerland Group. Others are connected to star names, such as Hippodrome Casino on London’s Leicester Square, at which Harry Houdini, Frank Sinatra and Julie Andrews have all performed.
Terry Jones, partner and head of Yorkshire at BDO, said: “We pride ourselves on being the champion of the UK’s Economic Engine – those mid-sized, fast-growth, entrepreneurially minded business that are the backbone of the UK economy, generating more than their natural share of GDP growth and jobs. One of the ways we do this is through our sponsorship of the Sunday Times BDO Profit Track 100 league table. Our ‘New Economy’ report also sets out 5 policy areas that government could follow to better support these mid-sized entrepreneurial companies and businesses generally in our post-Brexit future.”
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