NuGen Properties

Growth for Naylor in a year of change

Chief executive Edward Naylor

Naylor’s turnover increased 12% to £77.9m in the 12 months to 28th February 2023, helped by organic growth and an acquisition.

During the year, the company restructured its clayware business and exited commodity clay pipe markets in the face of soaring energy costs.

It also completed the acquisition of Burnley-based Tuffpipes, a manufacturer of PVC ducting, in May 2022. The Tuffpipes business has now been relocated into a new purpose-built 4,000 sq m production hall on Naylor’s Cawthorne site in Barnsley.

Naylor invested £6.1m in plant and premises, including new plastic extrusion equipment and a new chiller system at Cawthorne. Despite the disruption associated with restructuring the clay business and commissioning new equipment, profitability progressed, with underlying profit before tax reaching £5.6m (2022: £4.1m).

Edward Naylor, chief executive of the fourth-generation family business, said: “The year has been challenging, with volatile energy markets and input cost inflation but we have been pleased to see the impact of recent capital investment in increased productivity and capacity. Our key markets remain rather unsettled, and in terms of growth, the emphasis for the year ahead is on new product development – we have some exciting new products to launch – as well as on bolt-on acquisitions which enhance our offering.”

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Dan Morten 18/01/22

Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Great firm to communicate with fast and good quality work.