Skip to content
CompanySight
Company No. 12493696 · Incorporated 2 Mar 2020

Project Furniture Residential Limited

Registered name: PROJECT FURNITURE RESIDENTIAL LIMITED

Part of Project Group UK Holdings Limited group

Project Furniture Residential Limited made £14.1m revenue and £448k profit in the year to 31 Dec 2025. read from filing text

Project Furniture Residential Limited’s revenue grew 15% to £14.1m in the year to 31 Dec 2025, with £448k profit and 29 employees. The company is classified under “retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store” and is based in Halifax; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47599Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
Status
Active
Location
Halifax, Yorkshire and The Humber
Age
6 yrs · since 2020
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage
Revenue
£14.1m
Growth ▲15.2%
Profit
£448k
Growth ▲85.4%
Profit margin
3.2%
Gross 28.4%
Employees
29
Change ▲3.6%
Profit / employee
£15.4k
Revenue/employee £485k
Profitable streak
3yrs
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 Aug 202231 Dec 202331 Dec 202431 Dec 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)£866k£8.4m£12.2m£14.1m
Cost of sales£565k£6.2m£8.8m£10.1m
Gross profit£301k£2.2m£3.4m£4m
Operating profit−£337k£95.3k£339k£598k
Profit before tax−£337k£66k£327k£605k
Profit after tax−£270k£57.5k£242k£448k
Profit (best available)−£270k£57.5k£242k£448k
Employees (average)0182829
Ratios
Profit margin−31.2%0.7%2%3.2%
Gross margin34.8%25.7%28.1%28.4%
Revenue per employee—£465k£436k£485k
Profit per employee—£3.2k£8.6k£15.4k
Growth (year on year)
Revenue growth———▲15.2%
Profit growth———▲85.4%
Headcount growth———▲3.6%
Balance sheet — indirect signals, not revenue
Cash at bank£0£1.7m£131k£2.1m
Net assets−£270k−£212k£29.3k£477k
Fixed assets£0£52.5k£45k£36.4k
Current assets£69.5k£3.5m£4.1m£8.4m
Debtors£0£367k£2.2m£4.5m
SourceFullAccounts · bulk data May 2024FullAccounts · bulk data May 2024FullAccounts · bulk data Aug 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3.2%
Profit ÷ revenue.
Gross margin
28.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£485k
Revenue ÷ average employees.
Profit per employee
£15.4k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
32%
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
▲1529%
Now £477k
Cash at bank
▲1507%
Now £2.1m
Headcount
▲4%
Now 29
Deferred income
—
Now —
Fixed assets
▼19%
Now £36.4k
Corporate ownership

Group structure

Ownership chain

  1. Project Group UK Holdings Limitedultimate parent75–100%
  2. Project Group UK Limited75–100%
  3. Project Furniture Residential Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (6)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £448k), 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.