Furniture wholesaler Birlea has reported an increase in sales and profit.

According to its latest filed accounts for the year ended 31 October 2023, total sales rose 25.2% to £22.8m from £18.2m in 2022.

Pre-tax profit resulted at £2.5m, up from its profit of £0.9m recorded the previous year. Gross profit margin has increased to 34.3% from 31.2%.

Stated within its report, the company said: “The director is pleased to report year-on-year growth in the business as a result of improved trading conditions in the UK economy in general and in the furniture market specifically.”