The company said Muir Homes had also made progress in a tough housing market. Turnover increased from 拢19.8 million to 拢20.8 million, while improved margins helped reduce its pre-tax loss from 拢2.4 million to 拢1.6 million. The post-tax loss reduced substantially, from 拢2.4 million to just 拢7,000.
Muir Timber Systems faced pressures on costs and margins. Here, turnover slipped from 拢4.7m to 拢4.5m.
The group鈥檚 property development activities delivered another positive performance. Revenue increased from 拢3 million to 拢3.5 million, while profit rose by more than 55%, from 拢900,000 to 拢1.4 million. Net assets within property development now exceed 拢20 million.
Muir Group鈥檚 overall financial position also strengthened during the year. Cash balances increased from 拢12.1 million to 拢21.4 million, while the Group鈥檚 bank loan remained unchanged at 拢16.4 million. Net assets rose from 拢86 million to 拢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 拢2.7 million, compared with 拢2.9 million in the previous year. Net assets increased by 拢1.9 million to 拢17.1 million, up from 拢15.2 million in 2024/25.
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