Pruce Newman Pipework Limited
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
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 May 2025 | £8.8m | ▼ -4.7% | -£215k | 78 | £2.4m |
| 31 May 2024 | £9.2m | ▲ +1.0% | £74k | 86 | £2.3m |
| 31 May 2023 | £9.1m | ▼ -10.0% | £184k | 81 | £2.3m |
| 31 May 2022 | £10.1m | ▼ -8.1% | £853k | 87 | £2.3m |
| 31 May 2021 | £11.0m | ▲ +42.8% | £614k | 96 | £1.6m |
| 31 May 2020 | £7.7m | — | £34k | 87 | £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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