Fitted furniture manufacturer Strachan has reported widening losses despite a growth in sales.

According to its latest filed accounts for the year ended 30 June 2024, total sales rose 1.3% to £6.2m from £6.1m in 2023.

Pre-tax losses resulted at £207,000, widening from a loss of £85,000 recorded the previous year.

Stated within its review, the company said: “Gross profit margin decreased to 42.8% from 44.8%. During the year there have been significant increases in the cost base of the business, due to higher input prices, particularly in relation to labour, fuel, insurance and energy, resulting in a reduction in profitability.

“Challenges from the ‘cost of living squeeze’ will continue into the future and will impact the company both internally by driving up costs and externally by suppressing consumer demand.”