Profitability improves at fitted furniture manufacturer

Kitchens, bedrooms and home study fitted furniture manufacturer Roundel has reported a decline in sales but profitability improved.

According to its latest filed accounts for the year ended 31 January 2025, total sales fell 16.4% to £30.2m from £36.1m in 2024.

Pre-tax profit resulted at £618,000, slightly down from £655,000 recorded the previous year.

Stated within its report, the company said: “Despite the reduction in revenue, the business delivered a stronger operating performance due to improved cost control, operational discipline, and proactive margin management.

“Gross profit margin improved to 31%, up from 28%, while profit before tax increased to 2.0% of turnover, from 1.8% in the previous year. This improved profitability reflects the continued focus on strategic sourcing, efficient labour planning, and disciplined project execution.”

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