INSIGHTS - OCTOBER 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

7,880

Annual Sales

£10bn +

Employees

73,789

Economic Contribution 

£3bn

Tags

Location of Furniture Manufacture Companies

Furniture Manufacture Companies by Size

69% Micro

26% Small

3% Mid

1% Large

0% Mega

Largest Furniture Manufacture Companies
Turnover
Furniture Manufacture Companies by Age

27% Young

25% Established

25% Startup

21% Mature

1% New

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

Data only available to Pomanda Pro subscribers.

Furniture Manufacture Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Furniture Manufacture Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

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 7,880 active Businesses in the UK with combined annual sales of £10 billion .

The Industry employs around 73,788 people and contributes £3 billion to the economy.

The most popular location for Furniture Manufacture companies is London with 1,272 and the fewest are located in North East England with 203.

The largest Furniture Manufacture company is Wren Kitchens Limited with a turnover of £967.4m. 69% of the industry is comprised of Micro companies with only 3% Mid companies.

21% of the Furniture Manufacture Industry is made up of 21% Mature but the majority are Young businesses (27%) 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 Arno Gb Limited (47%), Get Laid Beds Limited (42%) and Humanscale Uk Limited (39%).

The UK Furniture Manufacture Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 8.20x, Turnover multiple of 0.92x and a Net Asset multiple of 2.17x.