Pruce Newman Pipework Limited

Pruce Newman Pipework Limited, based in Norfolk, UK, is a sizable company with a 51-year history, currently employing 81 people. The company holds assets worth £4,577,381 and generates yearly revenue of £9,194,309. It’s a holding company with an active status and has four directors and one owner. Google users rate it 4.0 out of 5 based on nine reviews. The company is an irregular importer, with its top import category being Iron or Steel Products, imported for one month.

The company operates within the construction industry, specializing in mechanical contracting. While a website isn't available, its operations appear focused on fabrication and installation of bespoke piping systems for various industries, including chemical, petrochemical, and renewable energy. It also offers structural steelwork and aims to provide turnkey solutions by partnering with other contracting businesses.

Financially, Pruce Newman Pipework Limited shows a mixed picture. While turnover remained relatively stable, net assets decreased by 1.6% to £2,600,000. Bank borrowings increased by 16%, reaching £760,000, and cash reserves fell by 10% to £28,000. Creditors decreased by 18%, which is a positive sign. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The unaudited accounts, prepared by Sygma Chartered Accountants, suggest a company that's holding its own, but facing some financial pressures. The decrease in net assets, in particular, warrants closer attention. The company’s size and the lack of an auditor indicate a focus on operational efficiency, but also a reliance on internal controls.

Registered in England/Wales under the registration number 01111151, with a registered address at NR18 0QJ, Norfolk, Ayton Rd, Wymondham.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.