The Hut Group owns and operates websites that sell FMCG products directly to the consumer via in-house technology and operating platform. The Company offers consumer goods in areas including Entertainment (Games, DVDs, CDs, Books), Electricals, Health & Beauty, Footwear, Gifting, Accessories, Toys, Underwear & Sports.

Employee Rating

2.5More
TypePrivate
HQManchester , GB
Founded2004
Size (employees)1,907 (est)+3%
Websitethehutgroup.com
The Hut Group was founded in 2004 and is headquartered in Manchester , GB
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Key People/Management at The Hut Group

Matthew Moulding

Matthew Moulding

CEO & Co Founder
Schalk Van Der Merwe

Schalk Van Der Merwe

CTO
Richard Pennycook

Richard Pennycook

Chairman
Iain Mcdonald

Iain Mcdonald

Non-Executive Director
Angus Monro

Angus Monro

Non-Executive Director
Dominic Murphy

Dominic Murphy

Non-Executive Director
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The Hut Group Office Locations

The Hut Group has offices in Manchester , Leeds, Edinburgh, Hale Barns and in 21 other locations
Manchester , GB (HQ)
Chicago Ave
Rudheath, GB
Gadbrook Park
Shepherdsville, US
1350 Cedar Grove Rd
Show all (26)
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The Hut Group Financials and Metrics

Summary Metrics

Founding Date

2004

The Hut Group total Funding

$1.5 b

The Hut Group latest funding size

$674.43 m

Time since last funding

a year ago

The Hut Group investors

The Hut Group's latest funding round in October 2017 was reported to be $674.4 m. In total, The Hut Group has raised $1.5 b
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The Hut Group Revenue

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The Hut Group's revenue was reported to be £735.65 m in FY, 2017 which is a 46.7% increase from the previous period.
GBP

Revenue (FY, 2017)

735.7m

Revenue growth (FY, 2016 - FY, 2017), %

46.7%

Gross profit (FY, 2017)

318.5m

Gross profit margin (FY, 2017), %

43.3%

Net income (FY, 2017)

(10.1m)

EBITDA (FY, 2017)

38.9m

EBIT (FY, 2017)

(4.0m)

Cash (31-Dec-2017)

186.7m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

184.3m248.0m333.5m501.4m735.7m

Revenue growth, %

76%47%

Cost of goods sold

121.1m158.1m207.2m290.1m417.2m

Gross profit

63.2m89.9m126.4m211.2m318.5m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

24.0m54.6m141.5m174.3m186.7m

Accounts Receivable

1.7m1.7m2.2m3.6m13.2m

Prepaid Expenses

22.8m12.2m

Inventories

20.0m27.5m34.9m58.9m84.8m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

5.6m4.4m13.5m10.8m(10.1m)

Depreciation and Amortization

19.8m38.8m

Inventories

(15.7m)(18.6m)

Accounts Payable

57.7m7.0m
GBPY, 2017

Revenue/Employee

574.0k

Financial Leverage

2.9 x
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The Hut Group Operating Metrics

FY, 2017

Engineers And Scientists

450

Languages

35

Payment Methods Supported

32

Websites Managed

166
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The Hut Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Acheson & Acheson LtdSeptember 04, 2018
IllamasquaOctober 04, 2017$25 m
ry.com.auAugust 21, 2017
GLOSSYBOXAugust 14, 2017

The Hut Group Revenue Breakdown

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The Hut Group revenue breakdown by geographic segment: 29.1% from Europe, 30.3% from UK and 40.6% from Rest of the World

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The Hut Group Online and Social Media Presence

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The Hut Group News and Updates

Beauty ecommerce giant The Hut Group secures $1bn for more acquisitions

Beauty and lifestyle ecommerce behemoth The Hut Group has secured a new $1bn banking facility which will allow it to acquire ever more businesses. THG, which is one of the largest private companies in the UK, has agreed a top-up facility of £195m with Barclays, HSBC, Santander, Citibank and JP Mo…
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The Hut Group Blogs

Matthew Moulding Takes The Executive Chair of The Hut Group

The Hut Group (“THG or the “Group”), one of the world’s largest online Beauty & Wellbeing businesses today announced that its Non-Executive Chairman, Richard Pennycook, is stepping down from his role. Richard took over from Angus Monro who was Chairman from March 2010 to October 2012. Initially …

The Hut Group Signs Deal to Build New Business Campus at Manchester Airport

Over $1bn development in the North West is the biggest ever office project by a company New campus at Airport City Manchester, totalling circa 1m sq. ft., will support 10,000 jobs on a 16.8-acre site Second project includes ICON, THG’s new content creation studio, on a 11.6-acre site The Hut Group (…

THG Acquires British Beauty Manufacturer Acheson & Acheson

The Hut Group (“THG or the “Group”), one of the world’s largest online beauty and wellbeing businesses, today announces the acquisition of Acheson & Acheson, a pre-eminent British beauty contract manufacturer and product developer. Established in 1992, by Kenneth and Fiona Acheson, Acheson &…

The Hut Group Company Life and Culture

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The Hut Group Frequently Asked Questions

  • When was The Hut Group founded?

    The Hut Group was founded in 2004.

  • Who are The Hut Group key executives?

    The Hut Group's key executives are Matthew Moulding, Schalk Van Der Merwe and Richard Pennycook.

  • How many employees does The Hut Group have?

    The Hut Group has 1,907 employees.

  • What is The Hut Group revenue?

    Latest The Hut Group annual revenue is £735.7 m.

  • What is The Hut Group revenue per employee?

    Latest The Hut Group revenue per employee is £385.8 k.

  • Who are The Hut Group competitors?

    Competitors of The Hut Group include Walker & Company Brands, Argos and FANCHEST.

  • Where is The Hut Group headquarters?

    The Hut Group headquarters is located at Chicago Ave, Manchester .

  • Where are The Hut Group offices?

    The Hut Group has offices in Manchester , Leeds, Edinburgh, Hale Barns and in 21 other locations.

  • How many offices does The Hut Group have?

    The Hut Group has 26 offices.