Garrets have achieved a place on the Sunday Times HBSC International Track 100

Garrets have achieved a place on the Sunday Times HSBC International Track 100

The Sunday Times International Track 100 ranks Britain’s private companies with the fastest-growing international sales, measured over their latest two years of available accounts. Garrets are proud to announce that they were ranked 27 in the league table.

To meet qualifying criteria, companies had to be registered in the UK, be independent, unquoted and ultimate holding companies. They were measured and qualified on their compound annual growth rate in international sales over two years. Total sales threshold is a minimum of £5m and international sales at least £1m in the latest financial year. Fast Track conducted phone interviews or face-to-face visits with all 100 companies between January and March 2011.

Despite difficult trading conditions, the 100 companies’ international sales grew by an average of 91% a year over two years. Managing director Derrick Samms started his career as a catering manager on cargo-carrying ships, and says his Essex-based company encourages healthier menus and the responsible sourcing of food, for example through sustainable fishing practices. International sales grew by 102% a year, from £5.9m in 2008 to £24.2m in 2010.

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