Kitchen furniture manufacturer Burbidge & Son has reported a decline in sales as losses widened.
According to its latest filed accounts for the year ended 31 December 2025, total sales fell 6.9% to £6.7m from £7.2m in 2024.
Pre-tax losses amounted to £722,000, widening from a loss of £547,000 recorded the previous year.
Year-end cash resulted at £206,000, while net assets valued £2.4m, decreasing from £4.7m.
Stated within its report, the company said: “Burbidge & Son has maintained a good working capital position. The Company continues to make sure it has sufficient liquidity whilst consumer confidence returns to the market.
“Throughout 2025, persistent inflation, elevated borrowing costs and a subdued housing market continued to weigh on consumer confidence and discretionary spending on home improvement.
“The Company has continued to invest in its commercial infrastructure and to drive efficiencies within its cost base, positioning the business to maximise profitability as market conditions recover.
“The directors expect trading conditions to improve gradually through 2026 as interest rates continue to ease and confidence returns to the housing market. Given these conditions, the directors are satisfied with the strategic progress of the Company during the year.”
