Retailer Loom Loft has published its financial results for the year ended 30th September 2025, its sixth year of trading since opening its first store in Clitheroe in 2019.
Turnover for the year was £10,257,548, representing a 47% increase YoY. Its operating profit was £515,700, an increase of 79%, while EBITDA stood at £698,826, an increase of 69%. Cash reserves at the year end amounted to £869,458, up 67% YoY.
The year also saw the company forced to absorb £200,000 in additional Government-related costs, reflecting six months of increased charges implemented as part of the Government’s Budget measures, effective from 1st April 2025.
It also says that, with inflationary pressures across all business operators, there has been further navigation around manufacturers' and suppliers' price increases.
The number of employees increased during the year, with headcount rising to 110 employees as of 30th September, compared to 87 in the previous year.
During the year, Loom Loft opened its fifth store, in Lytham in March, which contributed seven months of trading to the FY results. It adds that the Loft Bistros in the Clitheroe and Preston stores continue to be "an important contributing factor" to the business' performance.
Community initiatives across the year included supporting the BBC’s DIY SOS, assisting Child Action North West, and becoming the stadium sponsor of Clitheroe Football Club.
Since the financial year end, the company has also completed a comprehensive redevelopment of its website, delivering a fully redesigned digital platform "with enhanced functionality, performance and user experience".
Trade for Q1 (1st October to 31st December 2025) is up 30% YoY, concludes Loom Loft. Subsequent to the year end, the company was also named a finalist in the Independent Retailer of the Year category at the inaugural Excellence in Furniture Awards.