British mattress manufacturer Mansion House Bedding Group has reported a growth in both top and bottom lines as the company continued to invest in its fixed assets.
According to its latest filed accounts for the year ended 31 March 2016, total sales grew by 3.4% to £9.1m from £8.8m. Gross profit also experienced an uptick by 7.8% to £4.1m from £3.8m in 2015.
Operating profit generated an increase of 21.5% to £834,667, whilst overall profit for year resulted in £656,522, a growth of 18.4%.
Stated within its report, the company said that it plans to continue ongoing investment to its factory, which saw the group acquire the freehold to its South East site for £1.2m, as well as investing over £12,000 into property improvements and new plant and machinery.
Ipswich-based Mansion House, the business behind the Epoc, Glanmar, Mattison and The Old English Bed Company bedding brands, recorded year-end net assets of £3.5m up from £2.8m in 2015.