Sofa Brands International Ltd.
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Sofa Brands International Ltd. - overview
Established
2005
Location
Melksham, Wiltshire, UK
Primary Industry
Consumer Products
About
Sofa Brands International Ltd. is engaged in the design, manufacturing, and distribution of high-quality upholstered furniture, offering a range of products that cater to diverse consumer needs across various markets. Founded in 2005 in Melksham, UK, Sofa Brands International specializes in upholstered furniture, including brands like Parker Knoll and G Plan. The company underwent a significant acquisition by Promethean Investments and its management in January 2015, details of which were not disclosed.
Currently, there are no known subsidiaries or parent companies associated with Sofa Brands International. Sofa Brands International specializes in the design, manufacturing, and distribution of high-quality upholstered furniture through its distinct brands: Parker Knoll, G Plan, Duresta, and The Lounge Co. Each brand within the company portfolio offers a unique aesthetic and caters to different segments of the furniture market, ensuring a broad appeal to various customer demographics. The products range from classic to contemporary styles, addressing customer needs for comfort, functionality, and design in both residential and commercial settings.
The company’s offerings include sofas, armchairs, and bespoke furniture solutions, crafted to serve a diverse clientele, including individual consumers, interior designers, and retailers. Sofa Brands International operates primarily in the UK and European markets, engaging with customers who prioritize quality craftsmanship and timeless design in their furniture purchases. In the most recent year 2024, Sofa Brands International reported a revenue of USD 5. 99 mn and an EBITDA of USD 2.
53 mn. The company's revenue generation strategies include direct-to-consumer sales, partnerships with retailers, and bespoke orders for commercial clients. This multi-channel approach allows for a flexible purchasing experience, reinforcing customer loyalty and supporting a steady revenue stream. Sofa Brands International is focusing on expanding its product offerings and market presence.
The company plans to launch new furniture designs targeted at modern consumer needs in 2024. Additionally, it aims to expand into new geographic markets, specifically targeting regions in Europe, by the end of 2025. Recent funding from the acquisition in January 2015 will be utilized to support product development and market expansion initiatives.
Current Investors
Promethean Investments
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
www.sofabrands.com
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Sofa Brands International Ltd. - timeline of key events
Sofa Brands International Ltd. - financials
| Fiscal Year Ended | Jun 30, 2010 | Jun 30, 2011 | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 63,416,000 | 67,894,000 | 66,280,000 | 71,236,000 | 75,278,000 | 85,170,000 | 84,158,000 | 3,282,269 | 3,251,837 | 3,098,230 | 2,155,208 | 2,931,600 | - | - | - |
| % Revenue Growth (YoY) | - | 7.1% | (2.4%) | 7.5% | 5.7% | 13.1% | (1.2%) | (96.1%) | (0.9%) | (4.7%) | (30.4%) | 36.0% | - | - | - |
| EBITDA (USD) | 4,637,000 | 7,083,000 | 5,548,000 | 7,256,000 | 3,781,000 | 6,518,000 | 9,630,000 | 1,586,331 | 1,389,326 | 1,098,482 | 124,448 | 421,061 | - | - | - |
| Operating Income (USD) | 2,427,000 | 5,029,000 | 3,521,000 | 5,201,000 | 1,619,000 | 3,966,000 | 6,684,000 | 1,525,604 | 1,259,455 | 895,460 | (110,838) | 246,871 | - | - | - |
| Operating Margin | 3.8% | 7.4% | 5.3% | 7.3% | 2.2% | 4.7% | 7.9% | 46.5% | 38.7% | 28.9% | (5.1%) | 8.4% | - | - | - |
| % EBITDA Margin | 7.3% | 10.4% | 8.4% | 10.2% | 5.0% | 7.7% | 11.4% | 48.3% | 42.7% | 35.5% | 5.8% | 14.4% | - | - | - |
| NET Income (USD) | (1,232,000) | 3,927,000 | 1,639,000 | 3,646,000 | 736,000 | 2,795,000 | 9,121,000 | 151,542 | 730,457 | 826,485 | (107,910) | (3,070) | - | - | - |
| % Net Margin | (1.9%) | 5.8% | 2.5% | 5.1% | 1.0% | 3.3% | 10.8% | 4.6% | 22.5% | 26.7% | (5.0%) | (0.1%) | - | - | - |
Sofa Brands International Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Sofa Brands International Ltd. | - |
Displaying 1 - 1 of 1
Sofa Brands International Ltd. - employee data
Sofa Brands International Ltd. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Computer Manager thru to Divisional MD and Main Board Director | BM |
BM Board Member
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