Coffee manufacturer tops International Track 200

By James Ridler contact

- Last updated on GMT

Lincoln & York topped this year's International Track 200
Lincoln & York topped this year's International Track 200
Coffee manufacturer Lincoln & York has topped this year’s league table of medium-sized businesses with the fastest-growing international sales, according to the Sunday Times HSBC International Track 200.

It was one of eight food and drink manufacturers and suppliers that made the list, including baker Carrs Foods International, soups and canned meats producer Baxters and seafood supplier D R Collin & Son. See the full list in the box below.

Lincoln & York saw a 265.08% rise in international sales per annum over the past two years, up to £7.2m in 2017. Total sales for the company were worth £32.2m.

Founded in 1994 and operating from its 4,645m2 ​headquarters in Lincolnshire, the company sources beans from 40 locations worldwide, including Brazil, Colombia and Kenya.

Ranking ninth

Carrs Foods International took the second food and drink spot in this year’s league table, ranking ninth with a two-year international sales growth of 163.8%. International sales were £19.7m against total sales of £49.2m.

The company was ranked seventh in last year’s table and was the top-ranked food and drink firm to appear on the list. Average international sales growth was 162.9%, with international sales of £10.7m.

Commenting on this year’s league table, managing director of Carrs Foods Jeremy Gilboy said: “We are delighted to once again be in the top ten businesses in the Sunday Times HSBC International Track 200. It is a great achievement for the company and reflects our strong continued growth year on year.”

The third food and drink producer to feature in this year’s International Track 200 was seafood supplier D R Collin in 75th​, having achieved a 57.31% rise in international sales – worth £31.8m.

Ingredients producer Macphie ranked 90th​ with international sales worth £13.6m, representing a 51.8% growth over the past two years. Scottish soups and tinned meat manufacturer Baxters ranked 172nd​, with a 30.6% rise in international sales to £212.3m.

Fastest-growing international sales

The Sunday Times​ HSBC International Track 200 ranks Britain’s mid-market private companies with the fastest-growing international sales, measured over their latest two years of available accounts.

It is compiled by Fast Track and published in the Sunday Times​ each June, with an awards event in September, and alumni dinners during the year.

To feature on the list, companies need to have total sales of between £25m–£200m, with international sales of between £1m and £100m. Average two-year international sales growth for the company needs to be between 15% and 300%, with a maximum of 1,000 staff.

Meanwhile, you can view the food and drink companies that made the International Track 200 last year in our photogallery.

Food and drink firms in this year’s International Track 200

Link to the full league table can be found here.

Company

Specialism

Position

International sales growth Two-year average

International sales

Lincoln & York

Coffee manufacturer

1

265.08%

£7.2m

Carrs Foods International

Baked goods manufacturer

9

163.8%

£19.7m

Millennium Group

Food and drink distributor

64

62.83%

£59.9m

D R Collin

Seafood supplier

75

57.31%

£31.8m

Macphie

Food ingredients producer

90

51.86%

£13.6m

Fayrefield Foods

Dairy services provider

152

33.86%

£87.7m

Baxters

Soup and canned meat manufacturer

172

30.62% 

£212.3m

Panesar Foods

Sauces manufacturer

186

28.15% 

£3m

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