Furniture wholesaler Birlea has reported another increase in sales and profit.
According to its latest filed accounts for the year ended 31 October 2024, total sales rose 7.8% to £24.6m from £22.8m in 2023, further adding to its growth of 25% from £18.2m in 2022.
Pre-tax profit resulted at £3m, up from its profit of £2.5m recorded the previous year – again marking a consecutive year of bottom-line growth.
Gross profit margin increased to 36.29% from 34.28%, while year-end net assets resulted at £13m, improving from £11.3m.
Stated within its report, the company said: “The director is pleased to report year on year growth as the business continues to expand its customer base, increase its product offering and improve its operational efficiency.”
