Project Furniture Limited

Active10176935Wholesale & retailIncorporated 12 May 2016 · Halifax

The company's principal activity continued to be that of the design, supply, delivery and installation of loose furniture to the residential, commercial, leisure and retail industries and to a wide range of public sector bodies. During the year ending 31 December 2024 the business grew significantly, as we expanded both our public sector and commercial pipelines. This was despite a continually challenging macroeconomic environment and the supply chain uncertainty created from global geopolitical conflicts. We continued to develop and build our strong client relationships and expect to continue to leverage these relationships to further develop the business in 2025 and beyond, as we look to broaden our offering and capitalise on wider trends. The company reported a turnover of £8,795,041 and profit before taxation of £1,183,481 in the year ending 31 December 2024, compared to turnover of £3,839,875 and profit before taxation of £392,540 for the 6-month period ending 31 December 2023. The Directors are confident about the pipeline of work for 2025 for which several contracts have already been secured and whilst there are new framework cycles to navigate, are confident on the prospects for the year.

Revenue

£3.0m

No comparable prior period

Profit after tax

£4k

Margin 0.3%

Employees

11

— vs prior ~12m period

Net assets

£1.1m

Total assets £1.7m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Dec 2018
Not available
Dec 2019
£1.6m
Jun 2021
£2.1m
Jun 2022
£3.0m▲ +40.4%
Jun 2023
Not available
Dec 2023
Not available
Dec 2024
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024——£1.2m11£1.1m
31 Dec 2023——£393k9£360k
30 Jun 2023——£3k17£67k
30 Jun 2022£3.0m▲ +40.4%£5k13£64k
30 Jun 2021£2.1m—£58k7£61k
31 Dec 2019£1.6m—£12k9£14k
31 Dec 2018————£4k

Some periods are not about 12 months apart, usually because the company changed its year end or the register holds more than one set of accounts for a year. Growth is shown only against a prior period roughly 12 months earlier.

Latest available figures

Period ending 30 Jun 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£3.0m
Gross profit
£630k
Operating profit
£8k
Profit before tax
£5k
Profit after tax
£4k

Balance sheet

Total assets
£1.7m
Cash
£812k
Total liabilities
£548k
Net assets
£1.1m
Revenue per employee
Not available

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