Member Article

Cheshire’s Hut Group tops profit list

The Hut Group has been identified as the company with the highest increase in profit over the last three consecutive years in the U.K.

The company describes itself as the UK’s leading, multi-website online retailer. It was placed number one in the BDO/Profit Track 100 2015 list, showing the company to have the highest three year average profit growth of 216.58% at £16 million.

Currently based in Northwich in Cheshire, The Hut Group will be moving to a 64,000m2 new HQ building (approx. 700,000sq ft) at Omega south in Warrington.

The new premises, which will be operational early next year, will create approximately 2 – 3000 jobs in logistics, manufacturing, office and sales when completed.

Managing Director of Warrington & Co. Steve Park said: “This is obviously terrific news for The Hut Group, who appear to be going from strength to strength in terms of their current growth.

“We are delighted that a successful business such as The Hut Group has chosen Omega in Warrington in which to locate their new HQ.

“It will create yet another boost to Omega’s and Warrington’s reputation as a key business location and further define the area as a hub for leading national and international business.”

This was posted in Bdaily's Members' News section by Simon Malia .