Furniture wholesale and supply business Bentley Designs has reported a second successive year of sales growth, although profit was marginally down for the year ended 30 September 2015.
The Greenford-based company, which has been established since 1988, saw revenue rise by 9% to £28.8m from £26.4m in 2014, while gross profit fell by 7.2% to £5.1m from £5.5m last year.
Operating profit also experienced a drop by 20.8% from £873,730 to £691,127, with ‘difficult’ and ‘competitive’ trading conditions hindering the firm’s overall profit, which fell to £542,192 from £677,435, a downturn of 19.9%.
Commenting within the strategic report, the business said: “The directors consider the company’s performance to be satisfactory in a difficult and competitive trading environment. They continue to monitor the business pro-actively taking appropriate action when required.”