Pruce Newman Pipework Limited

Active01111151ConstructionIncorporated 1 May 1973 · Norfolk

The company has continued to concentrate on its core skills in the fabrication and installation of bespoke piping systems for the chemical, agrichemical, petrochemical, sugar, and power generation industries. In addition, it has continued to provide bespoke structural steelwork constructions for these industries and has and will continue, to look to expand its activities in the fuel storage and on and offshore Oil & Gas industries, and in the renewable energy sector. The business has continued to strive to expand its off-site fabrication activities and has and will continue to look for opportunities to deliver off-site fabricated pipe spools, skid structures and bespoke vessels, tanks, and general fabrications, produced in its workshops. In addition, the company has continued to look for opportunities to sell its Project Management expertise and is actively looking to work with complimentary contracting businesses, offering services such as Design, Civil Engineering, Tank and Vessel construction and Electrical, Control and Instrumentation, in order that it can offer turnkey solutions to its clients. Currently all these activities are expected to be confined to the UK.

Revenue

£8.8m

▼ -4.7% vs prior ~12m period

Profit after tax

£128k

Margin -2.1%

Employees

78

▼ -9.3% vs prior ~12m period

Net assets

£2.4m

Total assets £4.1m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

May 2019
Not available
May 2020
£7.7m
May 2021
£11.0m▲ +42.8%
May 2022
£10.1m▼ -8.1%
May 2023
£9.1m▼ -10.0%
May 2024
£9.2m▲ +1.0%
May 2025
£8.8m▼ -4.7%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 May 2025£8.8m▼ -4.7%-£215k78£2.4m
31 May 2024£9.2m▲ +1.0%£74k86£2.3m
31 May 2023£9.1m▼ -10.0%£184k81£2.3m
31 May 2022£10.1m▼ -8.1%£853k87£2.3m
31 May 2021£11.0m▲ +42.8%£614k96£1.6m
31 May 2020£7.7m—£34k87£950k
31 May 2019————£2.3m

Latest available figures

Period ending 31 May 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£8.8m
Gross profit
£1.8m
Operating profit
-£187k
Profit before tax
-£215k
Profit after tax
£128k

Balance sheet

Total assets
£4.1m
Cash
£21k
Total liabilities
£1.7m
Net assets
£2.4m
Revenue per employee
£112k

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