64 Box

Doug Woodburn
clock • 1 min read

Revenue: £65.3m (+53%)

Net profit: 3%     Staff: 94

The online sales shift sparked by the pandemic fuelled a 53 per cent annual revenue hike at this Sutton Coldfield-based e-tailer. Starting life in 1996 as Xenex Technology, Box trebled net profits to £2m on revenues of £65.3m in its year to 31 October 2020. The business section of Box's website currently pushes Acer laptops and SSD cards from Western Digital and Seagate. It also partners with the likes of HP, Dell, Lenovo and Epson.

Covid impact

Box found itself in the right place at the right time last March as lockdown turbo-charged sales of its WFH and gaming wares. But even after restrictions eased, demand for online products has remained at "unprecedented levels", Box claimed as it predicted continued growth for 2021.

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