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wrenLivingFurniture vertical Wren Living grabbed a bigger share of the kitchens, bedrooms and living room market in 2014 with sales closing in on £200m.


Revenue climbed 45 per cent to £197.1m in the year to end December as the Barton-upon-Humber headquartered furniture firm expanded its distribution network.


Showroom numbers reached 51 at the year-end, up from 47 at the 2013 balance sheet date, and have since climbed by another four to 55.


EBITDA increased five-fold to £4.5m for the company, which is part of the West Retail Group that also comprises Internet tech retailer Ebuyer.com. It is ultimately owned by former Hygena Kitchens owner Malcolm Healey.


Wren invested heavily again, with its latest year expenditure topping £12m and bringing total investment in fixed assets to over £63m since the company’s inception.


Its heavy investment is reflected in high annual non-cash depreciation charges (£7m in 2014) though the firm’s growth meant it narrowed its pre-tax deficit to £2.8m (2013: £4m).


Wren Living said it centralised more business functions during the year, meaning staff numbers at its head office increased by 101 to 279, with total average staff headcount across the company rising by 608 to 1,825.