Home furnishings department store retailer Housing Units has reported a decline in sales and profit.

According to its latest filed accounts for the year ended 30 March 2025, total sales fell 4.7% to £23.8m from £25m in 2024.

Pre-tax profit resulted at £381,000, down from £689,000 recorded the previous year.

Stated within its report, the company said: “Throughout the trading period consumer sentiment was subdued due to cost-of-living increases being experienced by the consumer and a lack of growth in the housing market, both of which had a negative impact on discretionary spending within the furniture and home furnishings sector.

“Given these adverse market conditions the directors consider that the underlying trading performance of the business remained strong.

“Due to the continuing high levels of investment in the retail store experience, the online trading platform and staff training programmes, the directors believe that the business remains well placed to further enhance its market leading position in the home furnishing sector in the coming years.”