Profit Track 100

Peterborough-based Home Entertainment Corporation claims that it is among the few traditional companies to have profitably tapped into the internet retail revolution. Founded in 1985, Home Entertainment has 151 ‘Choices’ video rental outlets across the UK. It also has video stands in other companies’ stores branded as Video Box Office. In the early 1990s it launched ‘Choices Direct’, offering on-line and telephone sales of videos, DVDs, Playstation games and audio cassettes. The company’s profits have grown by 35% pa from £1.9m in 1996 to £4.6m in 1999. Chairman Iain Muspratt attributes this to 31% pa sales growth over the same period to £50m in 1999, and the resulting economies of scale. He also says that experiments with on-line trading in the early 1990s meant the company was well-placed to profit from the wide uptake of e-commerce.

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.

Company details
Year2000
Rank90
CompanyHome Entertainment
ActivityVideo retailer
LocationPeterborough
Annual profit growth34.97%
Latest profits £000s4,618
Latest sales £000s49,954
Staff1,041
Founded1985
Websitewww.hec.org.uk

If applicable:

* supplied by company † annualised figure