How much does Furniture@work Limited make?

Furniture@work Limited reported revenue of £22.6m and £416k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Furniture@work Limited have?

Furniture@work Limited reported an average of 25 employees in the year to 31 Oct 2025.

Is Furniture@work Limited profitable?

Yes — Furniture@work Limited reported a profit of £416k in the year to 31 Oct 2025.

Company No. SC220163 · Incorporated 13 Jun 2001

Furniture@work Limited

Registered name: FURNITURE@WORK LIMITED

Furniture@work Limited made £22.6m revenue and £416k profit in the year to 31 Oct 2025.

Furniture@work Limited’s revenue fell 12% to £22.6m in the year to 31 Oct 2025, with £416k profit and 25 employees. The company is classified under “retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store” and is based in Glasgow; 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: Glasgow, Scotland
Age: 25 yrs · since 2001
Type: Private Limited Company

Latest accounts · year to 31 Oct 2025

Key figures

IndependentCapital-lightCash flow filed

Revenue

£22.6m

Growth ▼12.3%

Profit

£416k

Growth ▼46.2%

Profit margin

1.8%

Gross 28.7%

Employees

Change 0%

Profit / employee

£16.6k

Revenue/employee £904k

Profitable streak

4yrs

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 to	30 Sep 2022	30 Sep 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£25.4m	£24.7m	£25.8m	£22.6m
Cost of sales	£18m	£17.4m	£18.2m	£16.1m
Gross profit	£7.4m	£7.3m	£7.6m	£6.5m
Operating profit	£833k	£788k	£764k	£358k
Profit before tax	£868k	£1m	£1m	£554k
Profit after tax	£703k	£794k	£774k	£416k
Profit (best available)	£703k	£794k	£774k	£416k
Staff costs	£1.3m	£1.3m	£1.5m	£1.3m
Employees (average)	28	28	25	25
Ratios
Profit margin	2.8%	3.2%	3%	1.8%
Gross margin	29.2%	29.4%	29.4%	28.7%
Revenue per employee	£907k	£881k	£1m	£904k
Profit per employee	£25.1k	£28.4k	£30.9k	£16.6k
Cash conversion	53%	−168%	−46.9%	−37.5%
Growth (year on year)
Revenue growth	—	▼2.8%	▲4.4%	▼12.3%
Profit growth	—	▲12.9%	▼2.6%	▼46.2%
Headcount growth	—	0%	▼10.7%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£6.5m	£7.1m	£6.8m	£6.1m
Net assets	£1.7m	£1.8m	£1.8m	£1.5m
Fixed assets	£171k	£185k	£127k	£110k
Current assets	£9.3m	£9m	£9.2m	£7.8m
Debtors	£2.7m	£1.8m	£2.2m	£1.6m
Deferred income	£418k	£419k	£422k	£341k
Cash from operations	£442k	−£1.3m	−£358k	−£134k
Source	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jun 2024	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 28.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £904k; Revenue ÷ average employees.
Profit per employee: £16.6k; Profit ÷ average employees.
Cash conversion: −37.5%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7%; 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: ▼16%; Now £1.5m
Cash at bank: ▼10%; Now £6.1m
Headcount: 0%; Now 25
Deferred income: ▼19%; Now £341k
Fixed assets: ▼13%; Now £110k

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 Oct 2025 (profit £416k), from the Companies House accounts bulk data published Jul 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.