Business travel firm Reed & Mackay has been named number one in the 11th annual Sunday Times HSBC International Track.

Other travel firms to feature include tourism smartcard provider Leisure Pass in 32nd place, luxury operator Audley Travel in 58th position, Inside Travel Group 110th and Firmdale Hotels 137th.

International Track 200 lists the UK’s mid-market private companies with the fastest-growing international sales.

International sales at Reed & Mackay have soared as average of 422% a year, from £626,000 in 2017 to £16.4 million last year on total sales, generated from commission and fees, of £71.9 million, according to the listing.

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The travel management company has expanded heavily in overseas markets in recent years.

The last 12 months have seen the acquisition of Sydney-based Concierge Travel, a joint venture in the Netherlands and new offices in Toronto and Melbourne.

The company now has 14 wholly owned offices worldwide.

The Reed & Mackay International Partnership also grew with new members in Hong Kong, Sweden, Ireland and Romania, taking it to 34 partners.

Group chief executive Fred Stratford said: “We are delighted to secure first place in the prestigious Sunday Times HSBC International Track.

“Reed & Mackay has come a long way since it was founded in 1962, growing from a small travel agency to a truly global business.

“Our expansion has been driven by our clients – they told us they wanted the full Reed & Mackay service in other markets and we responded.

“This recognition is testament to our team who work hard every day to provide extraordinary service to our clients.”

The league table programme is sponsored by HSBC, DHL Express and Oracle NetSuite, and compiled by Fast Track, the Oxford-based research and networking events firm.

Cruise118 parent World Travel Holdings (WTH), which has employed 197 staff in the UK, has been named the 58th best small company to work for.

Best Companies praised WTH for its leadership, support of aspiring managers and how the company gives back to the local community. WTH received a 755.9 BCI score.

WTH’s UK managing director Alison Earnshaw said: “It’s an incredible achievement for us, and something that we are very proud of.”

Business travel management company Click Travel received a BCI score of 741 and came 90th on the small companies list. The business travel management company received points for its management development company, called leadership essentials, and its employee assistance Programme.