Profit Track 100
The Sunday Times Profit Track 100 is a list published by British newspaper The Sunday Times each year ranking Britain's fastest growing private companies by their average profit growth over the previous three years.
The 2008 awards were published on the 20th April 2008 with the title sponsor Pricewaterhousecoopers.
2008 results summary
The one hundred companies in the list saw an average profit increase of 67% pa with the maximum increase being 114% pa. Profits across the list rose from £459m to a total of £2bn. Employees increased from 34,500 to 77,000 in these companies over three years.
Entry criteria
The following is the entry for criteria into the 2009 awards:
- UK registered, unquoted, and not subsidiaries
- Profits of at least £500,000 in the base year (2004 or 2005)
- Profits of at least £3m in the latest year (2007 or 2008)
- Profits are defined as operating profits with directors' remuneration added back
- Profits must increase in the latest year, from 2006 to 2007, or 2007 to 2008
- Excluded companies include pure property and financial trading companies, and those with restricted accounts
Awards dinner
The 2008 Awards dinner will be held at the Chancery Court Hotel in London with guest speakers Damon Buffini from private equity firm Permira and Lloyd Dorfman from the Travelex Group.
Other similar published lists
Fast Track 100 is one of 6 business lists produced by "Fast Track" and published in the Sunday Times:
- Sunday Times Tech Track 100 - Fastest growth for 'tech' companies
- Sunday Times Fast Track 100 - Fastest sales growth
- Sunday Times Buyout Track 100 - Fastest growth in private equity-backed companies
- Sunday Times Profit Track 100 - Fastest profits
- Sunday Times Top Track 100 - Biggest companies
- Sunday Times Top Track 250 - Biggest mid-market companies (published October)