Top Track 250

This Cheshire-based online retailer sells premium goods in the health and beauty sector, via more than 140 group websites backed by its proprietary technology. It was highly acquisitive last year and sales rose by 50% to £501.4m as a result. This year co-founder and chief executive Matthew Moulding, 45, has bought internet services and web hosting business UK2, beauty subscription firm Glossybox, online beauty retailer RY and spa and skincare brand Espa. In August, asset management firm Old Mutual Global Investors acquired a 5% stake, valuing the group at £2.5bn.

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Company details
CompanyThe Hut Group
ActivityOnline retailer
Sales £m501.4
Operating profit £m30.4
Main shareholders

Founders & management (40%), private equity consortium & other investors (60%)


If applicable:

* supplied by company   † annualised figure   ‡  profit = ebitda