The investment firm backing Heal’s has reported a “marginal” decline in sales for the furniture retailer.

According to its latest filed accounts for the year ended 14 September 2024, Wittington Investments stated that Heal’s revenues in the period were down 6.9% at £34.8m compared to £37.4m of sales in 2023.

Commenting on the performance of Heal’s during the period, the firm said: “Heal’s revenue declined marginally, while profitability declined to a new loss of £1.2m.

“However, Heal’s continues to generate a positive EBITDA and the underlying performance remains sound.

“The strategic focus of the company going forward is to capitalise on its new store layout on Tottenham Court Road and to grow its online presence, which now accounts for half of sales revenue.”