SStarkExecutive Cockpit

Brands & Houses 360

The house-of-brands lens — proving the portfolio brand by brand, and surfacing the integration drag that holds margin back.

The Stark Group · FY26 (modeled)
Luxury to-the-trade — designers & architects only (no retail)
670 employees · 12+ US sites · 8 countries
Executive read· the answer, then the moves

The house-of-brands thesis is working — +£37m of EBITDA built since acquisition and 78% of integration value banked — but 3 brands still integrating (£45m revenue) hold margin back. Finish their cutover to capture the full value, the highest-return work in the house.

4 of 4 headline metrics improving vs prior · still off target: Acquisition-Integration Realization 74.0% vs 100.0%, Adj. EBITDA Margin 18.2% vs 20.0%, DSO (Days Sales Outstanding) 55d vs 48d

Do now — ranked by urgency
  1. 1
    Finish the 3 in-flight integrations to capture the valueAct now
    Why it matters

    Avg integration value is only 78% of plan banked; the unrealized balance is margin already underwritten but not yet captured.

    What's driving it
    • Avg integration realization 78% of plan
    • 3 brands still integrating (£45m revenue)
    FYI
    • Still integrating: Scalamandré / House of Scalamandré, Ashley Stark Home, Fort Street Studio
    • EBITDA uplift to date +£37m
  2. 2
    Accelerate Fort Street Studio — lowest value capture at 28%Act now
    Why it matters

    Fort Street Studio is the weakest brand on integration capture; a 90-day plan on the gap is margin not yet banked.

    What's driving it
    • Fort Street Studio value capture 28% · 35% integrated
    • 0 in-flight brand(s) with DSO above as-acquired
    FYI
    • Status: Early
    • EBITDA 1→1.5%
  3. 3
    Blocker: Quoting / Specification — Fort Street StudioAct now
    Why it matters

    Gates the house cutover (and the value it unlocks).

    What's driving it
    • due 2026-12-15 · Mitigating
    • Signal: Integration blocker
    FYI
    • Bespoke silk-rug specs run on spreadsheets with no system of record; blocks move onto common quoting.
    • Owner: RevOps · Sales Ops
  4. 4
    3 hospitality accounts running DSO > 60 daysWatch
    Why it matters

    Targeted collections on £0.9m; tighten deposit/milestone terms on long hospitality projects.

    What's driving it
    • DSO
    • Signal: Alert
    FYI

    Rosewood (62d), Mandarin Oriental (59d), embassy/institutional (64d) lifting blended DSO to 55d.

💠 Value & stewardshipStep 6 of 7 · performance & uplift by houseCash 360Value & StewardshipAll journeys
🌐 Enterprise 360 modules· on Brand / M&A 360Browse all 31 views ▾
● LiveBuilt forCOO · Integration PMO· what to integrate nextCFO· unbanked value & DSO dragThe Stark Family (owners)· is the portfolio thesis working

Stark is a house of brands, grown by acquisition since 1938. This view shows, for each brand, what it earned when acquired vs what it earns now — and flags the ones still integrating where ~+£37m of profit, faster cash and deeper account retention are still on the table.

Data backing: brand_cohort (as-acquired vs current EBITDA, DSO, repeat-designer revenue, integration %, value realized)
Portfolio revenue
£150m
7 brands
Repeat-designer rev
£99m
across the brands
EBITDA uplift
+£37m
since acquisition
Avg value capture
78%
of plan banked
Integrated
3/7
fully absorbed
Still integrating
£45m
3 brands
The thesis, in one line

+£37m of profit built, 78% of the plan banked

Finishing the 3 brands still integrating (Scalamandré / House of Scalamandré, Ashley Stark Home, Fort Street Studio) captures the full value — the single highest-return work in the house.

Brand by brand

As-acquired → today

Each card: what changed since acquisition, how far integration has gone, and the next move.

Stark Carpet (flagship, 1938)
founding brand · £52m revenue · £38m repeat
Core
EBITDA %
0→19
DSO
60→53d
Value
100%
Integration100%
Next: Integrated. Harvest it — drive cross-house attach (carpet ↔ fabric ↔ rugs) into its designer accounts and protect the margin gains.
Old World Weavers
acquired 1992 · £22m revenue · £16m repeat
Integrated
EBITDA %
3→8
DSO
66→55d
Value
96%
Integration100%
Next: Integrated. Harvest it — drive cross-house attach (carpet ↔ fabric ↔ rugs) into its designer accounts and protect the margin gains.
Stark Studio Rugs
acquired 2014 · £24m revenue · £14m repeat
Integrated
EBITDA %
2→7
DSO
62→54d
Value
88%
Integration95%
Next: Integrated. Harvest it — drive cross-house attach (carpet ↔ fabric ↔ rugs) into its designer accounts and protect the margin gains.
Scalamandré / House of Scalamandré
acquired 2017 · £30m revenue · £20m repeat
In progress
EBITDA %
4→9
DSO
70→57d
Value
84%
Integration92%
Next: Integrated. Harvest it — drive cross-house attach (carpet ↔ fabric ↔ rugs) into its designer accounts and protect the margin gains.
Hinson & Grey Watkins
acquired 2017 · £7m revenue · £5m repeat
Integrated
EBITDA %
1→2
DSO
68→58d
Value
80%
Integration90%
Next: Integrated. Harvest it — drive cross-house attach (carpet ↔ fabric ↔ rugs) into its designer accounts and protect the margin gains.
Ashley Stark Home
acquired 2021 · £9m revenue · £4m repeat
In progress
EBITDA %
1→2.5
DSO
58→56d
Value
70%
Integration80%
Next: Capture the value — 70% of plan banked. Put a 90-day plan on the gap; this is margin already underwritten.
Fort Street Studio
acquired 2025 · £6m revenue · £2m repeat
Early
EBITDA %
1→1.5
DSO
64→62d
Value
28%
Integration35%
Next: Integrate first — only 35% absorbed. Accelerate the order/ERP & showroom cutover so the house earns its full margin.
Rack & stack

Which brand is performing best?

Each brand ranked within the house on five KPIs (direction per metric), then a composite Overall Rank from summed rank points — the leaderboard. Top & bottom highlighted.

OverallUnitRevenue↑ betterEBITDA %↑ betterRepeat rev↑ betterValue %↑ betterDSO gain↑ betterRank pts
1flagship, 1938£52m#119%#1£38m#1100%#17d#59
2Scalamandré / House of Scalamandré£30m#29%#2£20m#284%#413d#111
3Old World Weavers£22m#48%#3£16m#396%#211d#214
4Stark Studio Rugs£24m#37%#4£14m#488%#38d#418
5Hinson & Grey Watkins£7m#62%#6£5m#580%#510d#325
6Ashley Stark Home£9m#53%#5£4m#670%#62d#628
7Fort Street Studio£6m#72%#7£2m#728%#72d#634

Higher EBITDA %, revenue, repeat-designer revenue and value capture rank better; DSO gain = days of receivables improvement since acquisition (more = better). Composite rank points are the sum of the five per-KPI ranks (lower = better).

The full portfolio

Every brand, one row

As-acquired → current across EBITDA, DSO, integration and value capture.

BrandYrRevenueRepeatEBITDA %DSOIntegratedValueStatus
Stark Carpet (flagship, 1938)0£52m£38m0196053d100%100%Core
Old World Weavers1992£22m£16m386655d100%96%Integrated
Stark Studio Rugs2014£24m£14m276254d95%88%Integrated
Scalamandré / House of Scalamandré2017£30m£20m497057d92%84%In progress
Hinson & Grey Watkins2017£7m£5m126858d90%80%Integrated
Ashley Stark Home2021£9m£4m12.55856d80%70%In progress
Fort Street Studio2025£6m£2m11.56462d35%28%Early