ERCOL FURNITURE LIMITED
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Cash
£216K
+30.9% highest in 3 filed years
Net assets
£1.9M
+26.3% highest in 3 filed years
Employees
133
+3.1% highest in 3 filed years
Profit before tax
£398K
+347.2% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £18,868,000 | £19,185,000 | £19,777,000 | +3.1% | |
| Operating profit | -£238,000 | £231,000 | £717,000 | +210.4% | |
| Profit before tax | -£631,000 | -£161,000 | £398,000 | +347.2% | |
| Net profit | -£631,000 | -£161,000 | £398,000 | +347.2% | |
| Cash | £132,000 | £165,000 | £216,000 | +30.9% | |
| Total assets less current liabilities | £3,215,000 | £2,568,000 | £2,391,000 | -6.9% | |
| Net assets | £1,541,000 | £1,481,000 | £1,870,000 | +26.3% | |
| Equity | £1,541,000 | £1,481,000 | £1,870,000 | +26.3% | |
| Average employees | 130 | 129 | 133 | +3.1% | |
| Wages | £4,276,000 | £4,493,000 | £4,672,000 | +4% | |
| Directors' remuneration | £500,000 | £487,000 | £480,000 | -1.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -1.3% | 1.2% | 3.6% | |
| Net margin | -3.3% | -0.8% | 2.0% | |
| Return on capital employed | -7.4% | 9.0% | 30.0% | |
| Gearing (liabilities / total assets) | 81.1% | 80.0% | — | |
| Current ratio | 1.20x | 1.13x | 1.14x | |
| Interest cover | -0.59x | 0.58x | 2.24x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- ERCOL FURNITURE LIMITED 1984-01-30 → present
- FURNITURE INDUSTRIES LIMITED 1920-01-26 → 1984-01-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “2025 built on the improved performance from the prior year to deliver a bottom-line profit. Turnover increased 3.0% compared with 2024 with a renewed focus on our core UK market and the first full year of the Ercol Franchise Store in Chelsea.”
- “Gross margin increased from 30.6% to 32.3%, which is further evidence of a continued efficiency drive in both our factory made and outsourced product.”
- “The company reported a positive EBITDA of £1,020k, which is an improvement of £441k on the prior year. This improvement has been driven by the improved gross profit. It also means that EBITDA has increased by £901k over the last 2 years.”
- “The Chelsea Franchise Store has also now, in 2026, been taken over by the company to fully maximise the opportunity within the London market.”
- “The company pledges an ongoing commitment to improving its environmental impact by continually reviewing and utilising more sustainable manufacturing methods, as well as product and packaging materials, in terms of their ability to be replenished, recycled or disposed of.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FINCH, David Matthew | Director | 2016-08-30 | Aug 1982 | British |
| KOCH, Arno Eduard | Director | 2020-02-17 | Jun 1977 | South African |
| PEERS, Ian | Director | 2010-11-01 | May 1968 | British |
| SWEETING, Sarah Jane | Director | 2026-06-01 | Jun 1973 | British |
| TADROS, Henry | Director | 2018-07-02 | May 1987 | British |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOODWIN, Geoffrey Robert | Secretary | — | 2001-09-14 |
| LAWRENCE, Mark | Secretary | 2002-01-07 | 2016-05-13 |
| TADROS, Edward Randolph | Secretary | 2001-09-14 | 2002-01-07 |
| COATES, Eric Nigel | Director | 1997-01-01 | 2005-02-16 |
| COWLING, John Philip | Director | 1993-02-01 | 2006-09-11 |
| DEAN, Thomas William | Director | — | 1997-06-25 |
| ERCOLANI, Lucia Elizabeth | Director | 1993-02-01 | 2004-12-31 |
| ERCOLANI, Lucian Brett | Director | — | 1993-02-01 |
| EVANS, Michael Frederick | Director | — | 1994-03-31 |
| GALBRAITH, Rachel Lydia | Director | 2014-01-13 | 2024-02-14 |
| GARRATT, Nicholas Mark | Director | 2005-04-12 | 2018-09-05 |
| GOLDRING, Timothy John | Director | — | 1993-04-09 |
| GOODWIN, Geoffrey Robert | Director | — | 2001-09-14 |
| GREEN, Stuart Francis | Director | 1999-05-17 | 2001-12-31 |
| LAWRENCE, Mark | Director | 2002-01-07 | 2016-05-13 |
| MASKREY, Antony Charles | Director | 2018-09-03 | 2020-11-13 |
| MORRISON CLARKE, Matthew Roy | Director | 2006-08-14 | 2007-10-02 |
| PEDEL, Donald Raymond | Director | — | 1993-05-25 |
| PLUMB, Peter James | Director | 2004-11-15 | 2006-05-03 |
| SIMPSON, Keppel Moore | Director | — | 1997-06-25 |
| SPADEMAN, Philip | Director | 2013-01-01 | 2017-11-30 |
| SUGRUE, Daniel Christopher | Director | 2017-12-04 | 2019-11-18 |
| TADROS, Edward Randolph | Director | — | 2022-12-31 |
| VAN DEN BROECKE, Jaak Floris, Professor | Director | 1997-09-01 | 2005-11-30 |
| WASSERMANN, Naomi Ruth | Director | 2013-01-01 | 2013-09-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ercol (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 187 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-28 | AA | accounts | Accounts with accounts type full | |
| 2026-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-15 | AA | accounts | Accounts with accounts type full | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-16 | AA | accounts | Accounts with accounts type full | |
| 2023-09-20 | CH01 | officers | Change person director company with change date | |
| 2023-09-20 | CH01 | officers | Change person director company with change date | |
| 2023-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-07-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-01-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-11 | AA | accounts | Accounts with accounts type full | |
| 2022-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-10 | AA | accounts | Accounts with accounts type full | |
| 2021-07-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-20 | AA | accounts | Accounts with accounts type full | |
| 2020-11-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.