Loch Duart has been placed at number 21 in the annual Sunday Times BDO Profit Track 100, which ranks Britain’s private companies with the fastest-growing profits over three years.
The independent salmon farming company, based in Sutherland and the Hebrides, also came second amongst the eight Scottish headquartered companies who made the list.
Alban Denton, Loch Duart’s managing director, said: “This is a fantastic accolade for Loch Duart, one that would not have been possible without the amazing efforts of the team across Scotland.
“To be named as a Sunday Times BDO Profit Track 100 company shows how everyone at Loch Duart pulled together following the unavoidable losses suffered in 2014, caused by a jellyfish attack on our fish.
“We believe we have the best fish farming team in the world, producing our extraordinary salmon. We recognised this in 2017 by creating a substantial company profit share scheme resulting in around £750,000 being shared with everyone at Loch Duart.”
Celebrating growth
Martin Gill, partner and head of Scotland at BDO, the title sponsor of the league table, commented: “These high-growth, high-energy and highly-entrepreneurial companies will be the difference between success and failure in our post-Brexit economic future.”
Loch Duart employs over 115 staff and makes a significant contribution to North West Scotland’s economy, including financial support for local groups and developments.
