70% Micro
26% Small
3% Mid
1% Large
0% Mega
INSIGHTS - APRIL 2024
UK Furniture Manufacture Industry
UK Furniture Manufacture Industry Information
The furniture industry manufactures, designs and produces furniture items by forming materials, cutting, moulding, laminating and assembling components.
Active Businesses
7,781
Annual Sales
£9bn +
Employees
74,543
Economic Contribution
£3bn
Tags
Location of Furniture Manufacture Companies
Furniture Manufacture Companies by Size
Largest Furniture Manufacture Companies
Turnover
Wren Kitchens Limited
£1.1bn
Isg Retail Limited
£550.7m
The Symphony Group Plc
£341.9m
Sharps Bedrooms Limited
£126.9m
Furniture Manufacture Companies by Age
28% Young
26% Established
24% Startup
22% Mature
0% New
Oldest Furniture Manufacture Companies
Established
Fastest Growing Furniture Manufacture Companies
32% Declining
27% Healthy
16% High
14% Rapid
11% Low
Fastest Growing Furniture Manufacture Companies
3yr CAGR
Furniture Manufacture Industry Competitive Environment - New Entrants vs Leavers
Furniture Manufacture Industry Valuation
EBITDA Multiple
Furniture Manufacture Industry Valuation
Turnover Multiple
Furniture Manufacture Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of furniture Industry Insights
There are 7,781 active Businesses in the UK with combined annual sales of £9 billion .
The Industry employs around 74,543 people and contributes £3 billion to the economy.
The most popular location for Furniture Manufacture companies is London with 1,275 and the fewest are located in North East England with 196.
The largest Furniture Manufacture company is Wren Kitchens Limited with a turnover of £1.1bn. 70% of the industry is comprised of Micro companies with only 3% Mid companies.
22% of the Furniture Manufacture Industry is made up of 22% Mature but the majority are Young businesses (28%) the oldest company is Platt And Hill Limited founded in 1899.
Furniture Manufacture industry has a number of high growth companies (14%), the fastest growing company is Rok Kitchens Ltd with a 3 year growth rate of 77%. Other fast growing companies include Get Laid Beds Limited (42%), G Plan Upholstery Limited (28%) and John Lewis Of Hungerford Limited (27%).
The UK Furniture Manufacture Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 8.66x, Turnover multiple of 0.78x and a Net Asset multiple of 2.15x.
