DESIGNER SOFAS GROUP LTD.

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

  +22%

  £25,090,488 → £30,600,340

• Cash

  -4.3%

  £4,262,790 → £4,078,953

• Net assets

  +30%

  £7,114,237 → £9,249,170

• Employees

  +53.6%

  56 → 86

• Operating profit

  -6%

  £2,267,142 → £2,130,468

• Profit before tax

  -5.9%

  £2,269,591 → £2,134,933

• Wages

  +52.4%

  £2,703,874 → £4,121,804

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.

1. DESIGNER SOFAS GROUP LTD. 2019-03-27 → present
2. NATUZZI RETAIL (UK) LTD 2017-10-10 → 2019-03-27

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Paul Winston Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company held net assets of £9,249,170 (2023: £7,114,237) and cash at year end was £4,078,953 (2023: £4,262,790). Since that time, the business has continued to grow the order book and carefully managed liquidity and working capital. In assessing whether the going concern is appropriate the Director reviewed financial performance, cash flow forecasts, and store-level breakeven analyses. Having taken this and all relevant information up to and including the balance sheet date the Director believes that the Company has adequate resources to continue to trade effectively for the foreseeable future. On that basis, the Director continues to adopt the going concern basis of accounting in preparing this Report and Financial Statements.”

Significant events

• “As a result of a historically prudent approach to growth and spending, the business was in a strong position during the year to take advantage of an opportunity to directly acquire a further 6 stores which with strategic planning and investment, we are pleased to say have been fully integrated into the Group.”

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

Filings

3

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.