Independent furniture retailer Barker and Stonehouse has reported an increase in turnover as sales rose beyond £80m.

According to its latest filed accounts for the year ended 31 March 2025, total sales rose 3.6% to £81.2m from £78.4m in 2024.

Pre-tax profit resulted at £3.1m, significantly improving from £703,000 recorded in the previous year.

Stated within its report, Barker and Stonehouse said: “Turnover increased by 3.6% as income started to recover from “cost of living crises”. The margin was steady at 46.0%. Profit before tax was £3.1m being aided by the sale of the Newcastle store.

“Cash at the year-end was £4.4m up from £3.1m on the previous year and borrowings were reduced from £9.8m to £7.4m. The implementation of Microsoft’s Business Central ERP system was completed during the year, which is, along with AI, enabling the Company to produce real operational efficiencies and benefits.

“The Company further consolidated its business arrangement with Fenwick Ltd and doubled floorspace at Fenwick Newcastle in the Autumn of 2024. The company has agreed to open a concession within Jarrolds department store in Norwich in December 2025.

“Further investment has also been made into our online offer and third-party platforms. The Company is trading profitably since the year end with increased turnover and gross margin.”