Independent furniture retailer Graham and Green has reported a decline in sales.
According to its latest filed accounts for the year ended 31 July 2025, total sales fell 10.2% to £12.6m from £14.7m in 2024.
Pre-tax losses resulted at £62,000, narrowing from a loss of £631,000 compared to the previous year.
Stated within its report, the company, which trades through its website and five stores – three in London, one in Bath and an outlet attached to its warehouse in Trowbridge, said that margins improved from 44% to 45.5%.
“We continued to see difficulties in retail through the whole of last year. Interest rates were slow to reduce which was disappointing and nervousness was evident before the two elections in the UK and US.
“This was reflected in the company’s performance in this period where sales fell by 10.2%. It is worth noting the company is still 20% higher in its turnover from FY20/21.
“In December we exited our leased warehouse in Chippenham. We moved into this in 2016 but began to outgrow it, and so for this and other reasons led to the purchase of our site in Trowbridge a couple of years ago. Moving forward the cost saving from incurring rent and rates on the old Chippenham site will of course add to our profitability.
“We continued to look at ways to improve our B2B operations and launched a new Trade website earlier in the year.”
