Carpet retailer grows sales and profit again

Carpet retailer Mears Flooring has reported another growth in sales and profit.

According to its latest filed accounts for the year ended 31 March 2025, total sales rose 3% to £14.1m from £13.7m in 2024.

Pre-tax profit resulted at £3.1m, up from £2.9m recorded in the previous year. This marked a second straight year of top and bottom line growth.

Stated within its report, Mears said: “The Company has continued to progress in the year to 31 March 2025 with further growth in profitability.

“Turnover increased by 3%. With improvements in gross margins and with the increased turnover operating profit increased from £2,906k to £3,030k, an increase of 4%.”

In recent news, All Interests Aligned (AIA) – a European management buy-in platform backed by entrepreneurial investors and specialising in acquiring profitable SMEs in need of a succession solution – announced the acquisition of H. Mears (Furnishers) Ltd. (See Related).

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