Mason Street Furniture Ltd

The Directors present their Strategic Report for the year ended 31 December 2025 to provide a review of the Company's business, principal risks and uncertainties and performance alongside key performance indicators. The Directors consider the state of the Company to be satisfactory. The Directors believe the key performance indicators of the business to be gross profit and operating profit (before exceptional items) as a percentage of turnover. These key performance indicators were as follows during this financial year. The gross profit is FY 31 December 2025 29% (FY 31 July 2024 - £30%) of turnover The operating profit is FY 31 December 2025 4% (FY 31 July 2024 - 3%) of turnover Revenue has increased from £36.9 million to £61.7 million an increase of 67% Gross Profit has increased from £10.9 million to £17.7 million an increase of 62% Operating profit before tax has increased from £0.8 million to £2.0 million The profit for the year, after taxation, amounted to FY 31 December 2025 £1,507,712 (FY 31 July 2024 - £567,755). Dividends provided for £170,000 in the year (2024 - £320,000). The company extended their financial year to 31st December 2025 to align with the calendar year, meaning that this was a 17 month period. The underlying performance again improved YoY with average monthly revenues increasing from £3.1m to £3.6m and this flowed through to increased profit before tax. The company expects the improvements in financial performance to continue on into the next financial year after having secured several high value contracts - with the order book strengthening YoY. Operational and cost efficiencies actioned during the second half of 2025 will lead to full year benefits in 2026.