IMPERIAL OFFICE FURNITURE LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -3.6%

  £16,859,080 → £16,245,921

  lowest in 3 filed years

• Cash

  -19.1%

  £3,565,743 → £2,886,229

  lowest in 3 filed years

• Net assets

  -1.7%

  £7,082,562 → £6,959,876

• Employees

  -4.3%

  116 → 111

  lowest in 3 filed years

• Operating profit

  -35.4%

  £1,434,105 → £926,519

  lowest in 3 filed years

• Profit before tax

  -31.1%

  £1,459,216 → £1,005,808

  lowest in 3 filed years

• Wages

  +4.5%

  £3,436,316 → £3,591,969

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “2024 has proven to be a turbulent year due to the cost of living crisis but the company has managed to remain stable throughout the period.”
• “The group has seen a drop in turnover to £16.2 million (2023: £16.9 million).”
• “In the year to 31 December 2024 the company's gross profit margin was 35.4% (2023: 36.1%).”
• “The group has managed to invest in new machinery within the year with additions of £588k.”
• “Despite another challenging year there has been a strong cash balance and stability achieved during the 12 month period, with a cash balance of £2.9 million at 31 December 2024.”
• “The Manchester showroom remains a very strong asset to the business and enables major contracts to be won.”
• “As a group we are proud to be part of the ISO, FIRA and FFC certifications.”
• “During 2025 the group expects to face pressure due to rising costs and wages. Working capital management will be key to the ongoing stability of the business.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.