Housing Units ups sales despite lockdowns

Interiors retailer Housing Units saw sales increase during last year’s lockdowns.

In the year to 28 March sales rose from £24.6m to £25.05m. 

‘The business’s other key measures of performance, EBITDA £2,921,000 (2020 – £1,642,000) and profit before tax, £2,786,000 (2020 – £1,542,000) both increased during a period of unprecedented trading challenges for the business,’ it says.

‘Normal trading activity was significantly disrupted throughout the period due to the restrictions put in place by the government in an effort to contain the impact of the COVID-19 pandemic. Throughout the periods of government-enforced closure of non-essential retail premises enacted from March 2020 through to April 2021 the business’s online sales levels performed strongly. During the periods within which the retail site was allowed to re-open, pent up consumer demand resulted in significant growth in sales order volumes compared to historic trading patterns.

‘In light of the high levels of uncertainty and business disruption throughout this period, the directors maintained careful control of liquidity levels and non-essential expenditure in order to protect the long-term prosperity of the business and its staff. Throughout the pandemic the safety and security of our staff and customers have been of primary concern to the directors and the business would like to extend its thanks to its staff, customers and suppliers for the unparalleled levels of commitment, support and cooperation demonstrated.’

Housing Units store

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