The annual report of NG Bailey Group Restricted reveals file gross sales final 12 months, together with improved profitability, order ebook progress and robust money era.
For the 12 months to twenty-eight February 2025 turnover was up 10% to £662m (2024: £600m), underlying working revenue was up 44% at £15.0m (2024: £11.2m) and pre-tax revenue was up 65% at £17.7m (2024: £10.7m).
Money and investments at year-end reached £92m (2024: £70m) and the enterprise has no debt.
NG Bailey stays family-owned and describes itself because the UK’s largest unbiased engineering and infrastructure companies supplier.
Within the enterprise assessment part of the annual report, the board set out the challenges and the technique: “UK development and infrastructure markets proceed to face challenges from structural labour shortages, provide chain instability and a sluggish UK economic system, exacerbated by geopolitical tensions. The total influence of the latest enhance in nationwide insurance coverage contributions can also be but to be felt.
“On this context, we stay extremely selective with the contracts we undertake, sustaining a balanced portfolio of actions. Our prime quality order ebook has grown additional to £1.6bn (2024: £1.4bn) while turning into decrease danger. We’ve got an rising proportion of labor instantly with finish shoppers alongside work via our most well-liked major contractors, and a wholesome mixture of mission work and predictable, recurring revenue contracts. A sturdy pipeline of labor in markets with excessive boundaries to entry and which can be resilient throughout financial downturns, resembling defence, healthcare and rails, helps unfold danger and provides the group extra stability total.”
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