Top Track 100 - Britain's Top 100 private companies
Highlights from this year’s report
Our Corporate Practice has market-leading expertise of working with large private companies, understanding the unique challenges and opportunities they face.
Now in its sixteenth edition, this year’s analysis shows how Britain’s top 100 private companies delivered combined sales of £185bn - equivalent to 10% of UK GDP – and generated profits (ebitda) of £19.4bn, employing 982,000 people, equivalent to 3% of the UK’s entire workforce.
Some of the highlights from this year’s report include:
- More than two thirds (72) of the Top Track 100 companies reported increased sales in their latest accounts. Combined sales are up 7% to £185bn.
- Two thirds (67) grew their profits year-on-year, although 29 saw a fall in ebitda, and four did not disclose their profits. Total profits were up 4% to £19.4bn while margins at ebitda level remained level at 10%
- The companies employ a total of 982,000 people, 29,000 more than a year earlier
- Total combined debt (including shareholder debts) among the 95 companies that disclosed figures is £90bn, resulting in an average debt multiple of five times ebitda. Fifteen of the companies have debt of more than £1bn, while 26 have debt of more than five times ebitda
- Of the 10 companies with the highest profits, six have debt of more than £3bn and pay out a large proportion of their profits in interest. Five of the six are owned by private equity
Find out more on the Research report 2017