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Company No. 06713485 · Incorporated 2 Oct 2008

Welcome Furniture Ltd.

Registered name: WELCOME FURNITURE LTD.

Welcome Furniture Ltd. made £28m revenue and £129k profit in the year to 31 Mar 2025. read from filing text

Welcome Furniture Ltd.’s revenue grew 5% to £28m in the year to 31 Mar 2025, with £129k profit and 204 employees. The company is classified under “manufacture of other furniture” and is based in Caernarfon; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 31090Manufacture of other furniture
Status
Active
Location
Caernarfon, Wales
Age
18 yrs · since 2008
Type
Private Limited Company
Latest accounts · year to 31 Mar 2025

Key figures

IndependentCapital-lightDoing more with less
Revenue
£28m
Growth ▲5.1%
Profit
£129k
Growth ▼38.5%
Profit margin
0.5%
Gross 28.5%
Employees
204
Change ▼5.6%
Profit / employee
£630
Revenue/employee £137k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£21.9m£20.8m£26.7m£28m
Cost of sales£14.4m£14.3m£19m£20m
Gross profit£7.4m£6.5m£7.7m£8m
Operating profit£615k£250k£709k£677k
Profit before tax£445k−£23.4k£285k£206k
Profit after tax£394k−£86.4k£209k£129k
Profit (best available)£394k−£86.4k£209k£129k
Staff costs£7.1m£6.4m£7.6m£8.2m
Employees (average)203192216204
Ratios
Profit margin1.8%−0.4%0.8%0.5%
Gross margin34%31.3%28.8%28.5%
Revenue per employee£108k£108k£123k£137k
Profit per employee£1.9k−£450£967£630
Growth (year on year)
Revenue growth—▼5.1%▲28.4%▲5.1%
Profit growth—▼122%—▼38.5%
Headcount growth—▼5.4%▲12.5%▼5.6%
Balance sheet — indirect signals, not revenue
Cash at bank£647k£430k£33.3k£32.2k
Net assets£1.8m£1.7m£1.9m£2m
Fixed assets£770k£902k£1.2m£1.3m
Current assets£11.5m£11.5m£14.1m£13.7m
Debtors£3.8m£4.4m£6.9m£6.1m
Deferred income£365k£363k£281k£393k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
0.5%
Profit ÷ revenue.
Gross margin
28.5%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£137k
Revenue ÷ average employees.
Profit per employee
£630
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
4.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
21.6%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▲7%
Now £2m
Cash at bank
▼3%
Now £32.2k
Headcount
▼6%
Now 204
Deferred income
▲40%
Now £393k
Fixed assets
▲9%
Now £1.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £129k), from the Companies House accounts bulk data published Dec 2025. 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.