Luxury furniture manufacturer and retailer The Sofa & Chair Company has reported a growth in sales and profit.
According to its latest filed accounts for the year ended 30 September 2022, total sales rose 30% to £14.3m from £11m in 2021.
Pre-tax profit resulted at £3m, significantly improving from its profit of £251,000 recorded the previous year.
UK sales were up 33.3% to £13.2m from £9.9m, while EU revenues fell 18.9% to £644,000 from £795,000. Rest of the world sales increased 44.7% to £537,000 from £371,000.
Stated within its report, the company said: “The results reflected an increase in consumer spending/confidence as the historic impact from the Covid-19 pandemic receded.
“That said, turnover was still below expectation with a rather sluggish return to normal patterns of trade (pre-pandemic).”
