Lovehoney and The Entertainer in Top 100 British companies with fastest growing profits

Adult toy retailer Lovehoney has been named among the Top 100 British companies with the fastest growing profits.

Published this weekend, the 17th annual Sunday Times BDO Profit Track 100 league table ranks private businesses with the fastest-growing profits over three years.

Recent years have seen the sex toy retailer achieve record growth thanks in large to the growth of the licensed sex toy industry following the success of the Fifty Shades of Grey book series and movie.

Profits at the firm have risen 53 per cent in the last three year to £3million.

Also placed in the listing was Buckinghamshire toy retailer The Independent, who thanks to an annual profit growth of 46.35 per cent and 992 staff was ranked number 88.

Founded in 1981 by husband and wife Gary and Catherine Grant, the name also operates the website and saw annualized profits reach £5.7million in 2013.

About Robert Hutchins

Robert Hutchins is the editor of and ToyNews. Hutchins has worked his way up from Staff Writer to the position of Editor across the two titles, having spent almost eight years with both ToyNews and, and what now seems like a lifetime surrounded by toys. You can contact him by emailing or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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