Secret Sales

Here at Secretsales.com a designer wardrobe, glamorous home and jet-set lifestyle doesn't come with the price tag you'll see elsewhere. Every day you'll find a collection of the most coveted brands and designer names at a slice of their original price. 
These perks aren't just for anybody - our private sales are only available to a select group of members. 
We're exceptionally proud of the relationships we've built with our brands and suppliers since our founding in 2007 and it is these valuable connections that allow us to offer our exclusive customers such incredible savings on premium brands. 
Secretsales.com isn't the whim of a large corporation - at the heart of our business are four entrepreneurs who have seen their dream come to life at an incredible pace. Seeing potential in the market, they took a business model that had seen remarkable success and invested their own time and money into applying it to the UK market - and it paid off.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2007
Size (employees)
194 (est)
Secret Sales was founded in 2007 and is headquartered in London, GB

Key People/Management at Secret Sales

Nish Kukadia

Nish Kukadia

CEO
Sach Kukadia

Sach Kukadia

Founding Partner & Buying Director
Sergio Dias

Sergio Dias

Chairman
Marta Datkiewicz

Marta Datkiewicz

Chief Product Officer
Silvia Cody

Silvia Cody

Founder and Director

Secret Sales Office Locations

Secret Sales has an office in London
London, GB (HQ)
27 Swan Yard

Secret Sales Financials and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$17.5 m

Latest funding size

$7.6 m

Time since last funding

over 3 years

Investors

Secret Sales's latest funding round in April 2014 was reported to be $7.6 m. In total, Secret Sales has raised $17.5 m

Secret Sales Financials

Secret Sales's revenue was reported to be £29.3 m in FY, 2015 which is a 16% increase from the previous period.
GBP

Revenue (FY, 2015)

29.3 m

Revenue growth (FY, 2014 - FY, 2015), %

16%

Gross profit (FY, 2015)

4.9 m

Gross profit margin (FY, 2015), %

17%

Net income (FY, 2015)

(4.1 m)

EBITDA (FY, 2015)

(3.5 m)

EBIT (FY, 2015)

(3.6 m)

Cash (31-Dec-2015)

1.6 m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

5.2 m8.9 m10.8 m18.2 m25.2 m29.3 m

Revenue growth, %

39%16%

Cost of goods sold

4.1 m7.5 m8.6 m14.4 m20.2 m24.4 m

Gross profit

1.1 m1.3 m2.2 m3.7 m5 m4.9 m
GBPFY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Cash

13.6 k408.4 k345.9 k1.7 m1.3 m3.5 m1.6 m

Accounts Receivable

72.9 k23.3 k41.7 k40.6 k

Inventories

47.4 k47.9 k32.3 k302.4 k300.2 k1 m1.3 m2 m2.1 m

Current Assets

120.2 k71.3 k87.5 k1.3 m721.8 k2.9 m3 m6.1 m4.2 m
    GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

    Net Income

    (3.3 m)(3.2 m)(4 m)(3.9 m)(2.4 m)(4.1 m)

    Cash From Operating Activities

    (4.4 m)(3.2 m)(1.2 m)(3.2 m)

    Cash From Financing Activities

    6 m3.1 m3.8 m1.7 m

    Net Change in Cash

    1.4 m(387.4 k)2.2 m(1.9 m)
      GBPY, 2015

      Revenue/Employee

      237.9 k

      Financial Leverage

      -0.9 x
      Show all financial metrics

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