Project Furniture Limited
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
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | — | — | £1.2m | 11 | £1.1m |
| 31 Dec 2023 | — | — | £393k | 9 | £360k |
| 30 Jun 2023 | — | — | £3k | 17 | £67k |
| 30 Jun 2022 | £3.0m | ▲ +40.4% | £5k | 13 | £64k |
| 30 Jun 2021 | £2.1m | — | £58k | 7 | £61k |
| 31 Dec 2019 | £1.6m | — | £12k | 9 | £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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