MUIR Group has increased turnover by 30% to £113.9 million for the year ended January 2026. Pre-tax profit has also soared from £320,000 to over £3 million during the same period.
The strongest performance came from Muir Construction, where turnover reached £85.7 million and profit before tax more than doubled from £2.2 million to £4.8 million.
Despite a challenging housing market, Muir Homes increased turnover from £19.8 million to £20.8 million, while improved margins helped reduce its pre-tax loss from £2.4 million to £1.6 million. The post-tax loss reduced substantially, from £2.4 million to just £7,000.
Muir Timber Systems recorded turnover of £4.5 million, a slight dip on last year’s £4.7 million figure. This performance was said to reflect many of the pressures experienced across the housebuilding market, including increased costs and tighter margins.
Muir Leisure, trading as Deer Park Golf & Country Club, increased revenue to £1.95 million. Results were, however, affected by higher operating costs, particularly increased labour costs.
The group’s property development activities saw revenue increase from £3 million to £3.5 million, while profit rose by more than 55%, from £900,000 to £1.4 million. Net assets within property development now exceed £20 million.
Muir Group revealed its overall financial position strengthened during the year. Cash balances increased from £12.1 million to £21.4 million, while the group’s bank loan remained unchanged at £16.4 million. Net assets rose from £86 million to £89 million. The number of people directly employed by the group reduced slightly, from 193 to 184.
Muir Holdings, the investment arm of the Muir family, also delivered a ‘resilient’ performance. Comprising Muir Property Investments and Muir Financial Investments, the business generated profit before tax of £2.7 million, compared with £2.9 million in the previous year. Net assets increased by £1.9 million to £17.1 million.
John Muir, chairman of Muir Group, said, “These results demonstrate the strength and resilience of the group. Increasing Muir Group’s turnover by 30% and delivering profit before tax of more than £3 million represents significant progress, particularly against a backdrop of subdued confidence, higher interest rates, inflationary pressures and continuing geopolitical uncertainty.
“Muir Construction delivered an especially strong performance, supported by its focus on quality, safety, customer satisfaction and the successful delivery of projects on time and within budget. We have also seen encouraging progress across our homes, leisure and property development activities.
“We remain realistic about the challenges facing our markets. Cost inflation, skilled labour shortages and pressure on margins continue, while higher borrowing costs are affecting confidence within the housing market. Our priority is to generate improved profitability sustainably over the long term. We will achieve this by continuing to strengthen our practices, improve efficiency and work closely with our clients and partners to deliver high-quality, cost-effective projects.
“With a strong balance sheet, healthy cash position and solid pipeline of work, the group is well placed to build on this year’s progress during 2026/27.”
