Bed Kingdom, a bed and furniture retailer specialising in children's beds, has been included in the Sunday Times Top 100 Fast-Growing Businesses in the UK.
Ranked in 51st position, the recognition highlights Bed Kingdom's growth and success in an increasingly competitive market.
The Sunday Times Top 100 is an annual ranking that recognises the UK's fastest-growing, independent, privately owned companies with sales exceeding £5m in their most recent year of trading.
Ashley Hainsworth founded the Heckmondwike-based business in 2011 with an investment of £400 investment. The idea was initially born as a university project, but soon flourished into a fully fledged furniture business.
With an employee headcount of 28 and more jobs set to be created shortly, Bed Kingdom has experienced significant growth in recent years. The number of employees at the company has almost tripled since 2021, when it employed just 10 members of staff.
Over the past three years, the company's annual sales growth has increased by +76.06%, with sales of £12.4m in the last financial year. Building on this momentum, Bed Kingdom has already achieved +50% YoY growth in 2023 (a significant share of the profits stems from the launch of Bed Kingdom's sustainable wooden bed brand, Noomi, in 2021).
With plans for further expansion, Bed Kingdom has a target turnover for the current financial year of £17m – up from just £2m five years ago. It says this ambitious trajectory will be led by forging new retail partnerships and nurturing existing ones, expanding the capacity of the company's facilities, investing in developing current employees and hiring for new roles within the region. Bed Kingdom also plans to expand its product offer and invest in sustainability to increase customer retention and enhance customer experience.
"Being recognised as one of the Sunday Times Top 100 Fast-Growing Businesses in the UK is an amazing achievement," says Levon Hall, Bed Kingdom's marketing director. "As a team, we worked incredibly hard during the pandemic to maintain high stock levels and keep our next-day delivery commitment to customers. This turned out to be the difference between thriving and surviving.
"The business has invested heavily in marketing, professional development, and recruitment. I'm a great example of this, as I began my journey with Bed Kingdom as an apprentice and now lead all our marketing efforts.
"We are grateful for all the support we receive from our customers and partners, and we're already working hard to implement our strategic plans for further growth."
Although Bed Kingdom made its name selling children's beds, the ecommerce business also stocks adult beds, mattresses, office, kitchen, living room, garden and gaming room furniture.
