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Cabinet furniture and accents supplier Besp-Oak will show overseas for the first time this year as it looks to build on revenue growth in 2014–15.


Year to end August sales advanced 1.6 per cent to £12.1m for the privately owned company, known for its Vancouver collection of oak furniture.


Pre-tax profit was maintained at just over £1.4m with year-end cash increasing to £2.8m (2014: £2.5m) and shareholder funds rising to £7.7m (2014: £6.8m).


The company plans to expand its customer base and will show outside the UK for the first time later this year, exhibiting at a trade show in Germany.


Besp-Oak has also hired Anthony Cahill, formerly of another furniture supplier, as business development manager. He starts at the Coventry based business today (1st February).


The company suffered a fire at its Midlands showroom just before the January Furniture Show last year. Owner Steve Mosley said: “I had to go to the show the next day while my place was still smouldering.”


But he said the company managed to turn the fire — caused by an electrical fault — into a positive, rebuilding the site over the subsequent months.


“Now we have got a really stunning showroom. It is 32,000sqft and covers six floors. There are around 5,000 skus in there across furniture, accessories, lighting, rugs and pictures. It is a real destination.”


Mr Mosley added that wholesale sales had risen year-on-year and that it had invested £140,000 on a new website and bespoke back-office IT system, resulting in the majority of its wholesale orders now coming through automatically.


“We were so consumed with the rebuild and upgrading the  computer systems last year. Now we’ve got a blank sheet of paper and I’m really looking forward to this year. I’m very positive.”


Sales of Vancouver oak were still strong, he said, despite the collection being “copied to death.”


“Ours is a quality product and we went to the high court to protect it and won. There were about 60 companies that copied that have all gone.


“Only the other day we had a complaint off a customer who’d bought some Vancouver. It turned out they’d bought it off someone who was doing a very cheap imitation using the name. That letter went straight off to my solicitor.”