For the year to 31st March 2025, Munnelly Group increased turnover by 14% to 拢167m (2024: 拢147m) but pre-tax profit before tax was up just 4% at 拢1.55m (2024: 拢1.49m).
At year-end, cash reserves were up 35% at 拢7.3m and there were no third-party borrowings.
Last year the business saw long-term chief executive Phil Munnelly move into the new role of chairman and be replaced by his son, Paul David Munnelly.
Phil Munnelly said: 鈥淭hese results reflect more than financial performance. They demonstrate the value of diversification, disciplined decision-making and a relentless focus on operational excellence. In a difficult market, the group has remained resilient, adaptable and well-positioned for the future.鈥�
Group finance director Graham Fisk added: 鈥淢aintaining a strong balance sheet with no third-party borrowing has been a key priority. This financial discipline gives the group the flexibility and confidence to invest, adapt and pursue growth opportunities as markets evolve.鈥�
Paul David Munnelly added: 鈥淭he Munnelly Group enters 2026 from a position of strength. With a strong balance sheet, diversified service offering and clear strategic direction, the Group is focused on continued investment in people, systems and capability.
鈥淎longside organic growth, the group will also actively explore selective, disciplined acquisition opportunities that align with its long-term, sustainable and risk-managed strategy, as we further strengthen our position across the built environment.鈥�