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Australia
AU 7508 | Enterprise Profile

Newfurn Floor Coverings Limited

IW
IBISWorld Research Department
Analyst Australia

Newfurn is a Public Company that generates the majority of its income from the Floor Coverings Retailing industry. In 2025 the company generated total revenue of $166,583,000 including sales and other revenue. The exact number of employees for this organisation is not available. The Chief Executive of Newfurn is Mr Andrew Lewis whose official title is CHIEF EXECUTIVE OFFICER. The Chairman of Newfurn is Mr Shane Chillingworth whose official title is Non-Executive Chairman. Newfurn Floor Coverings Limited is involved in the purchase, promotion, and merchandising of floor coverings for its members and retailers. The company operates as a franchisor for two brands: Choices Flooring - Operates approximately 140 stores in Australia and New Zealand, and provides a range of carpet, timber, bamboo, rigid, laminate, luxury & sheet vinyl and tiles flooring, rugs, as well as blinds & shutters. Style Flooring & Interiors - Engaged in the branding and wholesale operations of carpet, timber, bamboo, underlay, laminate, luxury vinyl, and tiles flooring, as well as rugs to be sold to external flooring stores.The company also operates the Newfurn Training Academy, an apprenticeship and training accreditation centre for new and experienced flooring installers and professional development centre for workplace trainers, sales consultants, and store operators.

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What's included in this industry analysis

IBISWorld's research coverage on the Newfurn Floor Coverings Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

Newfurn Floor Coverings Limited, trading as Newfurn, operates under the ABN 63 004 650 668 and was incorporated on 13 December 1965. Newfurn Floor Coverings Limited trades on the Australian Securities Exchange under the ticker code ASX:. Newfurn Floor Coverings Limited primarily operates in the Floor Coverings Retailing industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within Newfurn Floor Coverings Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents Newfurn Floor Coverings Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Newfurn Floor Coverings Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of Newfurn Floor Coverings Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of Newfurn Floor Coverings Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Newfurn Floor Coverings Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of Newfurn Floor Coverings Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is Newfurn Floor Coverings Limited?

Newfurn Floor Coverings Limited is involved in the purchase, promotion, and merchandising of floor coverings for its members and retailers. The company operates as a franchisor for two brands: Choices Flooring - Operates approximately 140 stores in Australia and New Zealand, and provides a range of carpet, timber, bamboo, rigid, laminate, luxury & sheet vinyl and tiles flooring, rugs, as well as blinds & shutters. Style Flooring & Interiors - Engaged in the branding and wholesale operations of carpet, timber, bamboo, underlay, laminate, luxury vinyl, and tiles flooring, as well as rugs to be sold to external flooring stores.The company also operates the Newfurn Training Academy, an apprenticeship and training accreditation centre for new and experienced flooring installers and professional development centre for workplace trainers, sales consultants, and store operators.

What industry does Newfurn Floor Coverings Limited operate in?

Newfurn Floor Coverings Limited, trading as Newfurn, is a Public Company that generates the majority of its income from the Floor Coverings Retailing industry in Australia.

Where is Newfurn Floor Coverings Limited located?

Murray Cod Australia Limited company is based at 5-9 Hobbs Court, Rowville, Victoria, Australia.

Who is the CEO of Newfurn Floor Coverings Limited?

The FINANCIAL DECISION MAKER of Newfurn Floor Coverings Limited is Andrew Lewis and the FINANCIAL DECISION MAKER is Helen Nguyen.

What was Newfurn Floor Coverings Limited’s revenue in 2025?

In 2025, Newfurn Floor Coverings Limited generated total revenue of approximately $166.6 million.

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