Kitchen supplier narrows losses as sales return to growth

Kitchen furniture supplier Dennis & Robinson Limited, trading as Paula Rosa Manhattan, has reported a growth in sales as losses narrowed.

According to its latest filed accounts for the year ended 31 December 2024, total sales rose 20% to £29.5m from £24.5m in 2023.

Pre-tax losses narrowed from £5.6m to a loss of £2m year-on-year.

Stated within its report, the company said: “Despite a challenging UK housebuild market, the business delivered a substantial increase in revenue beating the market through strong orders growth, underpinned by an investment in the sales team in the back end of 2023.

“The continued focus on strengthening relationships with key customers and increasing its closing order book led to the improved result and continues into 2025.

“An 84% improvement in operating loss has been recorded in 2024 loss £745,000 (2023 loss £4,583,000). A gross profit margin improvement of +6% points year on year, and a reduction of overheads of -11% leading to this result.

“The reported operating profit delivered over and above the increase in revenue through a combination of efficiency gains in production, re-organisation activity across the business, and strict control of overheads.”

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