Sales and profits jumped at Kettle

Cabinet supplier Kettle Interiors saw sales and profits leap in its past financial year.

Sales rose by 14.5% to £24.7m in the year to 31 October 2021, with gross margin rising from 20% to 28%. 

Pre-tax profits rose from £318,517 to £887,992.

‘The furniture industry as a whole has seen a significant boost resulting from the Covid pandemic and this has been reflected in greater consumer demand for our products.

‘By adapting its service alongside a proactive sales strategy, the company has managed to grow is market share and increase its customer base. The number of active customers increased by over 20% and the launch of several product brands has also helped increase turnover.’

After paying a dividend of £401,000 the previous year, no dividend was paid.

Kettle22

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