NuGen Properties

McAlpine returns to profit


Chief executive Paul Hamer

For the year ended 31st October 2021, Sir Robert McAlpine’s turnover was up 14% to £937.2m, from £819.5m the previous year.

Profit before tax was £9.2m in 2021 compared to a £26.8m loss (restated) in 2020. 

Cash balances stood at £106.2m at year end with no debt. 

Chief executive Paul Hamer said: “With a sharp business focus on continuing to play to our core strengths and values, we have achieved what we set out to do: deliver a robust performance and a return to profit.

“Our strong, enduring relationships with clients and supply chain partners have anchored our stability and helped to mitigate impact on productivity.

“And there is no doubt in my mind that our ongoing success is also down to the skills, expertise and commitment of all the people working on our magnificent projects.

“Our ambition to become the best place to work is undeterred. It is reflected in the many initiatives we have undertaken to promote an inclusive and flexible culture that welcomes everyone and cares for our communities.

“With over 90% of secured business and a healthy pipeline of opportunity, we now have a robust platform from which we can continue to deliver project excellence, tackle the climate emergency, foster and create social value across the communities we serve and build positive momentum for 2022 and beyond.”

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Customer Reviews

Dan Morten 18/01/22

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

Di Hayes 20/08/22

Google
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

Google
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

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

sitemanager 22/01/23

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Great firm to communicate with fast and good quality work.