Britain's Largest Family Firms 2017
25th July 2017 Paul Andrews
The 16th annual Sunday Times HSBC Top Track 100 league table supplement was published recently and featured some great family owned companies.
Further analysis of the businesses in the Sunday Times HSBC Top Track 100 has enabled us to identify the top 25 family owned firms in the UK which have a combined turnover of £59.5 billion (the total combined turnover of all firms in the top 100 was £185 billion so the top 25 family firms represent 32% of the total).
These firms clearly dispel the myths that family firms are all small as they represent some of the largest companies in the UK. Collectively, these firms employ 374,828 people too.
The largest family firm in the UK is the Swire Group. The London-based business operates across the Asia-Pacific region and has interests in many sectors, including shipping, property, agriculture, cold storage and airlines — including a minority stake in Cathay Pacific. In addition it runs two Coca-Cola bottling plants in America and agreed to buy an additional plant in China last year. Barnaby Swire, 53, has been chairman of the family-owned business since 2014; his cousin Merlin Swire, 43, is deputy chairman and chief executive.
In addition, the list confirms the diversity of family businesses too with these firms operating across all sectors and regions too. Research such as this clearly provides support for the continued development of the family business sector in the UK and shows that family firms are part of the real fabric of the UK economy, the engine room for growth and a sector that deserves all the support and recognition that it can get.
|Rank||Organisation||Nature of Business||Sales (£m)||Location|
|3||Arnold Clark Automobiles||Car Dealer||3,662||Glasgow|
|5||2 Sisters Food Group||Food Producer||3,130||Birmingham|
|6||Pentland Group||Brand Manager & Retailer||2,913||London|
|12||The Rigby Group||Conglomerate||2,170||Stratford-upon-Avon|
|13||European Metal Recycling||Recycler||2,020||Warrington|
|15||Shop Direct||Internet Retailer||1,849||Liverpool|
|16||Bakkavor||Fresh Food Producer||1,730||London|
|19||Home Bargains||Value Retailer||1,603||Liverpool|
|21||Bibby Line Group||Conglomerate||1,450||Liverpool|
|24||AF Blakemore & Son||Food Distributor||1,282||West Midlands|
To see the full table of the largest private companies in the UK, please visit the website here