Project Furniture Limited
Registered name: PROJECT FURNITURE LIMITED
Part of Project Group UK Holdings Limited groupProject Furniture Limited made £6.3m revenue and £297k profit in the year to 31 Dec 2025. read from filing text
Project Furniture Limited’s revenue fell 28% to £6.3m in the year to 31 Dec 2025, with £297k profit and 12 employees. The company is classified under “agents involved in the sale of furniture, household goods, hardware and ironmongery” and is based in Halifax; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Halifax, Yorkshire and The Humber
- Age
- 10 yrs · since 2016
- 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: “T”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||||
| Revenue (turnover) | £3m | £5.5m | £3.8m | £8.8m | £6.3m |
| Cost of sales | £2.3m | £4.4m | £2.9m | £6.6m | £4.8m |
| Gross profit | £630k | £1.1m | £932k | £2.2m | £1.6m |
| Operating profit | £7.7k | £14.5k | £397k | £1.2m | £381k |
| Profit before tax | £4.7k | £2.8k | £393k | £1.2m | £401k |
| Profit after tax | £3.8k | £2.6k | £293k | £885k | £297k |
| Profit (best available) | £3.8k | £2.6k | £293k | £885k | £297k |
| Employees (average) | 13 | 17 | 9 | 11 | 12 |
| Ratios | |||||
| Profit margin | 0.1% | 0.1% | 7.6% | 10.1% | 4.7% |
| Gross margin | 21.2% | 20.3% | 24.3% | 25% | 25.1% |
| Revenue per employee | £229k | £324k | £427k | £800k | £529k |
| Profit per employee | £290 | £152 | £32.6k | £80.5k | £24.8k |
| Growth (year on year) | |||||
| Revenue growth | — | ▲85.4% | — | — | ▼27.8% |
| Profit growth | — | ▼31.5% | — | — | ▼66.4% |
| Headcount growth | — | ▲30.8% | — | — | ▲9.1% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £5.7k | £69.1k | £335k | £812k | £916k |
| Net assets | £64.3k | £66.9k | £360k | £1.1m | £1.2m |
| Fixed assets | £4.7k | £10.8k | £8.8k | £9.8k | £8.6k |
| Current assets | £1m | £648k | £845k | £1.7m | £1.7m |
| Debtors | £187k | £201k | £130k | £350k | £286k |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 4.7%
- Profit ÷ revenue.
- Gross margin
- 25.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £529k
- Revenue ÷ average employees.
- Profit per employee
- £24.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.5%
- 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
- ▲12%
- Now £1.2m
- Cash at bank
- ▲13%
- Now £916k
- Headcount
- ▲9%
- Now 12
- Deferred income
- —
- Now —
- Fixed assets
- ▼12%
- Now £8.6k
Group structure
Ownership chain
- Project Group UK Holdings Limitedultimate parent75–100%
- Project Group UK Limited75–100%
- Project Furniture Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Project Ff&e LimitedRev. £39m · Profit £1.3m
- Project Furniture Residential LimitedRev. £14.1m · Profit £448k
- Project Studio LimitedRev. £365k · Profit −£106k
- Parlour Home LimitedFigures not disclosed
- Project FM LimitedFigures not disclosed
- Project Interiors LimitedRev. — · Profit £446k
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £297k), from the Companies House accounts bulk data published Sep 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.