Manufacturer of furniture and bedding springs, Wade Springs, has reported another growth in turnover as well as rising profit.

According to its latest filed accounts for the year ended 2 October 2022, total sales rose 28% to £8.1m from £6.3m in 2021 – adding to its prior growth of 33% from £4.7m in 2020.

Pre-tax profit resulted at £627,000, up from £532,000 recorded against the previous year.

UK sales represented £7.9m of revenues, up from £6.1m, while overseas sales stood at £216,000, in line with 2021.

Stated within its report, the company said sales growth was attributed to higher volumes, as well as selling price increases to match raw material cost rises.