This rent-to-buy retailer is expanding rapidly, with plans to treble its estate to 650 stores nationwide. The company sells electrical items and furniture on credit, with customers making weekly payments for one to three years. It has benefited from rising demand for BlackBerrys and computers, with profits up 35% to £33.6m in 2011, and sales up 15% to £227.7m. Led by chief executive Leo McKee, BrightHouse is majority-owned by Vision Capital, which led a £170m secondary buyout from Terra Firma in 2007.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.