Grosvenor Leasing and MC Group among Sunday Times Top Track 250

Grosvenor Leasing has featured alongside MC Group in the Sunday Times PwC Top Track 250 league table.

The 16th annual Sunday Times PwC Top Track league table ranks Britain’s leading mid-market private companies with the biggest sales, before the pandemic struck.

The 250 companies in the league table achieved combined sales of £59.7bn, a 17% increase year-on-year, and profits of £5.1bn, up 25%.

Shaun Barritt (pictured), CEO at Grosvenor Group, said: “This is the third time Grosvenor Leasing has featured in this prestigious league table, which is an achievement we are immensely proud of.

“Established 40 years ago, we have continued to inwardly invest and are proud to offer, what we believe to be, one of the most extensive and forward-thinking portfolios of fleet funding and management solutions in the UK fleet sector.”

“Most recently, this has seen the launch of our ultra-low emission transition scheme where companies can trial hybrid cars on short-term leases to help encourage drivers into new, greener company cars without the long-term commitment.”

MC Group was also named in the league table and has been praised for its work in keeping essential transport services running during the Covid-19 pandemic. 

The company was ranked 190 in the Covid-19 edition of Top Track 250, with sales up 9% at £131.8 million and operating profits up by 11% at £14.2 million.

The company employs 380 staff and has a rental fleet of over 2,800 vehicles.

Simon Dawson, managing director at MC Group, said: “We are naturally delighted to be included in this prestigious listing. It is testament to the loyalty, skill and dedication of our brilliant team at MC Group.

“Their hard work has, as ever, been consistently excellent in delivering the best possible service to clients, especially during the pandemic as we were able to keep vital transport supply routes open.”

The companies in the Top Track 250 table employed 450,000 people, up 15% over the period, although some have since made redundancies.

Arif Ahmad, private business partner at PwC UK, said: “There’s no doubt that 2020 has posed unprecedented challenges. But time and again, we’ve seen business leaders rising to that challenge, adapting their plans and taking the opportunity to innovate.

“This year, it’s more important than ever to recognise and congratulate the companies featured in the Top Track 250. They are the backbone of the UK economy.”