Pruce Newman Pipework Limited
Registered name: PRUCE NEWMAN PIPEWORK LIMITED
Part of Pruce Newman Group Limited groupPruce Newman Pipework Limited made £8.8m revenue and £128k profit in the year to 31 May 2025.
Pruce Newman Pipework Limited’s revenue fell 5% to £8.8m in the year to 31 May 2025, with £128k profit and 78 employees. The company is classified under “other construction installation” and is based in Norfolk; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Norfolk, East of England
- Age
- 53 yrs · since 1973
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.1m | £9.1m | £9.2m | £8.8m |
| Cost of sales | £7.2m | £6.8m | £6.9m | £7m |
| Gross profit | £3m | £2.3m | £2.3m | £1.8m |
| Operating profit | £854k | £211k | £107k | −£187k |
| Profit before tax | £853k | £184k | £73.8k | −£215k |
| Profit after tax | £793k | £391k | £124k | £128k |
| Profit (best available) | £793k | £391k | £124k | £128k |
| Staff costs | £5.7m | £5.9m | £5.7m | £5.6m |
| Employees (average) | 87 | 81 | 86 | 78 |
| Ratios | ||||
| Profit margin | 7.8% | 4.3% | 1.4% | 1.5% |
| Gross margin | 29.2% | 25.8% | 25.4% | 20.3% |
| Revenue per employee | £116k | £112k | £107k | £112k |
| Profit per employee | £9.1k | £4.8k | £1.4k | £1.6k |
| Cash conversion | −100.1% | 88.3% | −483.2% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▼10% | ▲1% | ▼4.7% |
| Profit growth | — | ▼50.7% | ▼68.3% | ▲3.8% |
| Headcount growth | — | ▼6.9% | ▲6.2% | ▼9.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.4m | £42.5k | £233k | £20.7k |
| Net assets | £2.3m | £2.3m | £2.3m | £2.4m |
| Fixed assets | £318k | £276k | £214k | £169k |
| Current assets | £4.1m | £4.9m | £4.6m | £4m |
| Debtors | £2m | £2.5m | £1.9m | £1.3m |
| Deferred income | £478k | £260k | £243k | £125k |
| Cash from operations | −£854k | £187k | −£517k | £118k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2025 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 1.5%
- Profit ÷ revenue.
- Gross margin
- 20.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £112k
- Revenue ÷ average employees.
- Profit per employee
- £1.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲6%
- Now £2.4m
- Cash at bank
- ▼91%
- Now £20.7k
- Headcount
- ▼9%
- Now 78
- Deferred income
- ▼49%
- Now £125k
- Fixed assets
- ▼21%
- Now £169k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Pruce Newman Group Limitedultimate parent75–100%
- Pruce Newman (Holdings) Limited75–100%
- Pruce Newman Pipework Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Pruce Newman Properties LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £128k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.