The 22nd annual Sunday Times BDO Profit Track 100 league table ranked Britain's private companies with the fastest-growing profits over the last three years. The league finds an average of 59 per cent a year over the last three years to a combined total of £932 million. As impressive as it is considering the ongoing Covid-19 outbreak, it is slower than the record high of 82 per cent a year in 2016, and the lowest since 2003.
Leeds-based Fullers Foods found itself on the 8th rank with an annual growth rate of 85.74 per cent. The family businesses operate 120 factories in 12 countries to supply home brand frozen, chilled, and ambient prepared foods. Joint chief executives and brothers Jason and Adam Fuller led the group to record profits of £9.2 million in the year to January 2020.
Also on the list is General Traffic on Rank 25 with 73.79 per cent annual growth rate. Founded in 1982 as a single store by brothers Adam and Imtiaz Umarji, this car parts firm has 28 branches across the north of England, including two new sites in Keighley and Halifax. Headquartered in Bolton, it is now run by the second generation of the family, Adnan and Adil Umarji.
