Upholstery business grows sales

Family upholstery specialist Abbey Upholsterers has reported a growth in sales as turnover edged towards £10m.

According to its latest filed accounts for the year ended 31 December 2019, total sales rose 16.4% to £9.2m from £7.9m in 2018.

Gross profit increased from £1.3m to £1.5m, while pre-tax profit resulted at £405,000, slightly down from £470,000 recorded the previous year.

Stated within its report, the company said that considering the current economic conditions, it was satisfied with overall performance and remains confident on the year ahead.