Eight companies in Scotland have fastest-growing international sales in UK

sales

Brewdog is among eight companies on the 11th annual Sunday Times HSBC International Track 200 league table that ranks Britain’s mid-market private companies with the fastest-growing international sales, climbing from 168th position on 2019’s list to number 47 on this year’s – the second highest ranking for a Scottish company.

Scotland’s top-ranked company is Vegware (No.37), which manufactures eco-friendly, compostable packaging materials from plant-based materials. Its international sales grew at an average of 81% per year over its last two years, reaching £11.4m in 2019, on total sales of £32.2m.

Dundee is home to employee development consultancy Insights Group – which features for the first time with international sales growing at an average of 40% per year over two years to £52m in 2019, on total sales of £65.9m.

Glasgow-based City Facilities Management features for the sixth time. With more than 12,000 staff, the company is the largest employer on the league table. Its international sales grew at an average annual growth rate of 33% over its last two years.

The league table programme is sponsored by HSBC, DHL Express and Oracle NetSuite, and compiled by Fast Track, the Oxford-based research and networking events firm.

The full league table is published as a ten-page supplement with the business section of The Sunday Times on 16 February, both in print and in the tablet edition, and on www.fasttrack.co.uk.

Private companies in Scotland with the fastest-growing international sales – ordered by rank

 

Rank

[2019 rank]

Company

Activity

HQ location Average annual int’l sales growth over 2 yrs Int’l sales (£m) Total sales (£m) Staff Year end Comment
37 Vegware

Compostable packaging manufacturer

Edinburgh 81% 11.4 32.2 72 Jan 19 Finding a spoon made from potato and corn at a California farmers market inspired this business
47

[168]

BrewDog

Brewery

Ellon, Aberdeenshire 71% 39.3 171.6 1,247 Dec 18 In 2018, it shipped 136m bottles of craft beer globally and opened 21 bars
71 Smith Anderson

Paper bag manufacturer

Kirkcaldy,

Fife

58% 5.1 26.9 227 Sep 18 Makes 60m paper bags a week and supplies McDonald’s in the UK and Europe
141 Insights Group

Employee development consultancy

Dundee 40% 52.0 65.9 513 Mar 19 Has employees in 18 countries after opening offices in Mumbai, Sydney and Johannesburg in 2019
158 prosource.it

IT services provider

Aberdeen 36% *24.5 *64.2 269 Jun 19 Its five global offices have worked with firms in more than 25 countries
171

[170]

EnerMech

Engineering services provider

Aberdeen 33% *337.9 *414.3 3,320 Dec 18 Plans to double turnover in the Americas to more than £200m a year by 2022
174

[50]

City Facilities Management

Facilities maintenance provider

Glasgow 33% 472.7 971.2 12,217 Dec 18 Employs more than 12,000 people across Europe, Australia, America and Asia
181 Forsyths

Metal fabricator

Rothes,

Moray

32% 12.4 46.8 386 Oct 18 Has opened operations in Japan and Hong Kong to meet Asian demand for its whisky stills

*Supplied by company

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