Tilden Topco, the holding company of Sharps Furniture Group, has reported its results for the financial year ended 28 September 2025, delivering a strong performance and continued strategic progress across the Group.
Total sales rose 8.6% to £142m, reflecting continued customer demand and the robustness of the Group’s market position. Underlying EBITDA increased by 12.8% year-on-year to £27.9m, with gross profit margin improving by 1.7 percentage points, supported by ongoing operational efficiencies and effective cost management, and cash generation, before capital expenditure and financing costs, rose by 16.8% to £26.2m.
“The home improvement market, particularly across kitchens, bathrooms and bedrooms, continues to evolve as consumers balance spending priorities amid wider economic pressures,” the group said. “Within this environment, the Group has continued to perform well, supported by the strength of its brand, differentiated product offering and disciplined operational execution.
“Following the acquisitions of Clever Closet Limited and Fittingly Limited, the business has successfully evolved into a broader Furniture Group comprising three complementary and high-potential operations.
“Together, these businesses provide a more diversified platform for growth and expand the Group’s ability to serve a wider range of customers and market channels.”
The Group enters the new financial year with enhanced momentum and a strengthened platform for further growth. Continued investment in brand development, product innovation, digital capability and people, combined with the operational opportunities created through recent acquisitions, positions the Group well to accelerate growth and capture future opportunities.
Paul McClenaghan, CEO of Sharps Furniture Group, commented: “This has been a year of enhanced progress for the Group. Delivering simultaneous growth in revenue, profitability and cash generation reflects the quality of our offer, strength of our business model, and above all, the dedication and talent of our people across the group.
“The acquisitions of Clever Closet and Fittingly represent an important step in expanding our market reach and building a more diversified Furniture Group, bringing complementary capabilities and new customer bases into the fold. As we continue integrating these businesses and expanding our presence in the Trade and DIY sectors, we are creating a platform that is both scalable and capital efficient.
“We enter the new financial year with good momentum and remain confident that our clear strategy, continued investment and talented team will enable us to drive sustainable growth and long-term value.”
