Furniture World Limited
Registered name: FURNITURE WORLD LIMITED
Part of Neon (Holdings) Limited groupFurniture World Limited made £9.1m revenue and a £18.4k loss in the year to 30 Apr 2025.
Furniture World Limited’s revenue grew 7% to £9.1m in the year to 30 Apr 2025, with a loss of £18.4k and 58 employees. The company is classified under “retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store” and is based in Redruth; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Redruth, South West
- Age
- 23 yrs · since 2003
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Neon (Holdings) Limited”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £9.8m | £9.5m | £8.5m | £9.1m |
| Cost of sales | £5.8m | £5.7m | £4.9m | £5.3m |
| Gross profit | £4.1m | £3.8m | £3.5m | £3.8m |
| Profit before tax | £488k | £435k | £87.9k | −£8.2k |
| Profit after tax | £372k | £326k | £56.1k | −£18.4k |
| Profit (best available) | £372k | £326k | £56.1k | −£18.4k |
| Staff costs | £1.8m | £1.7m | £1.8m | £1.9m |
| Employees (average) | 67 | 62 | 60 | 58 |
| Ratios | ||||
| Profit margin | 3.8% | 3.4% | 0.7% | −0.2% |
| Gross margin | 41.3% | 40.2% | 41.7% | 41.6% |
| Revenue per employee | £147k | £153k | £141k | £156k |
| Profit per employee | £5.5k | £5.3k | £934 | −£317 |
| Growth (year on year) | ||||
| Revenue growth | — | ▼3.2% | ▼10.9% | ▲7% |
| Profit growth | — | ▼12.3% | ▼82.8% | ▼132.8% |
| Headcount growth | — | ▼7.5% | ▼3.2% | ▼3.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £921k | £351k | £316k | £5.2k |
| Net assets | £2.4m | £2.5m | £2.3m | £2.7m |
| Fixed assets | £3.5m | £3.3m | £3.2m | £4.1m |
| Current assets | £3.6m | £2.9m | £2.7m | £2.7m |
| Debtors | £212k | £184k | £199k | £221k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | Accounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −0.2%
- Profit ÷ revenue.
- Gross margin
- 41.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £156k
- Revenue ÷ average employees.
- Profit per employee
- −£317
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 45.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.4%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲20%
- Now £2.7m
- Cash at bank
- ▼98%
- Now £5.2k
- Headcount
- ▼3%
- Now 58
- Deferred income
- —
- Now —
- Fixed assets
- ▲30%
- Now £4.1m
Group structure
Ownership chain
- Neon (Holdings) Limitedultimate parent75–100%
- Furniture World Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Neon Property LimitedFigures not disclosed
- Oak City LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025 (profit −£18.4k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.