£10m turnaround for Sofa.com

Upholstery retailer Sofa.com saw an almost £10m turnaround in its fortunes in the past year.

A pre-tax loss of £4.19m in the 14 months to 30 April 2020 became a profit of £5.74m in the year to 30 April 2021.

Sales rose by £2.2m to £35.5m.

During the year it received £910,000 in furlough support,

Cash rose from £462,556 to £5.86m.

SofacomChester

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