![]() The role was especially developed to meet Hypnos’ ambitious ongoing commitment to put sustainability at the centre of the company’s product development, continuing to focus on naturally farmed, chemically-free and recyclable materials, and to oversee its extensive and growing sustainable activity in support of the company’s wider low carbon, responsible and ethical business practices.Ģ019 also welcomed the launch of Hypnos’ Origins Collection, a range which saw the Group develop a unique and industry first collaboration with Red Tractor. ![]() In 2019 the Group appointed a Director of Sustainable Development. However, the real triumphs for Hypnos have been the sustainable accolades the luxury bed brand achieved during the year. ![]() Margins improved by some 1% across the business and tighter financial controls enabled the Group to generate cash of £3,095,794 from operating activities. Whilst order intake levels remained strong and above budget through the Coronavirus pandemic, the mattress industry’s supply chain struggled to keep up with the increased level of demand placed on it, and lead times for components across many furniture manufacturers increased through 2020.ĭespite the impact of this, the British-based family company, which operates under Hypnos Ltd and Hypnos Contract Beds Ltd, has much to celebrate.įinancially, the Hypnos Group reports a reduction in statutory loss to £500,548 (2019 £994,863) with an underlying profit significantly higher at £1,573,022 for the year. Conditions which saw all group operations temporarily closed, and manufacturing suspended, for six weeks during the first national lockdown in March 2020. Like many other brands in the UK, Hypnos Group experienced some difficult trading conditions during this period thanks to a national election, Brexit uncertainty and the onset of the COVID-19 pandemic. The financial year ending 26th June 2020, was a year unlike any other for Royal Warrant holder, Hypnos, part of Keen and Toms Holdings. ![]()
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