With close to 50 years of trading, Furmanac have grown from supplying furniture components to creating a multitude of brands oriented around adjustable beds and lift-and-recline chairs. Having secured a contract with Benson's, the funds raised over the course of this campaign will be used to facilitate that contract, continuing their firm grasp on the adjustable bed market.
To provide comfort that moves with lifestyle.
Our beds have been able to provide a good night's sleep to people across the UK, including one particular customer with COPD who described our adjustable bed as life-changing, allowing them the to "wake refreshed and feeling well for the first time in years". The growth of our company has not gone unnoticed: in 2015 we were listed on London Stock Exchange’s 1000 Companies to Inspire Britain, a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses.
We believe that we can keep our core values while growing as a business, and recently secured a contract with Bensons for Beds, which is Britain's largest retailer of beds. With your help we are looking to raise the money required to accommodate for the increase in demand that our new partnership is bound to produce, and continue providing high-quality, comfortable beds and chairs.
Where will the funds go?
A. These will be paid in 2019
A. Funding circle is backed by PG's from shareholders
A. These will be paid in 2019. The new project is an immediate requirement
A. The business obtains an R&D tax credit
A. Costs of raw materials has increased due to Brexit
A. They are trading well and they are a strong organisation
A. We have both options available to us, crowd funding has become very popular recently and was recommended to us
A. Privately owned Ltd business
A. All UK at the moment, we have removed certain low margin products from our range
A. Adjustable beds are a need product so the market is growing.
A. The main reason for the decline in turnover was the removal of lower margin products & customers from our ranges
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"To provide comfort that moves with lifestyle."
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