Furniture manufacturer Repose Furniture has reported another year of strong sales.
According to its latest filed accounts for the year ended 30 November 2024, total sales stood at £10.2m, slightly down from £10.3m recorded in 2023.
Product sales were down from £10.2m to £9.2m, while service and repairs revenue increased 493% from to £134,000 to £795,000.
UK and Ireland sales fell slightly from £10.2m to £10m, while exports rose from £112,000 to £204,000.
Pre-tax profit resulted at £609,000, down from £868,000 year-on-year.
Stated within its report, the company said: “Turnover of £10.2m was £0.1m lower than the prior year turnover of £10.3m. The order book for the company remains strong with the conversion of these orders being a priority of the company.
“During the year, the business moved to a larger manufacturing facility to achieve strategic growth objectives. The business now shows net assets of £9.4m compared to net assets of £8.8m in the prior year.”