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London new-build freeze drags Mulalley to £3.2m loss
Dec 09, 2025
sharp slowdown in public-sector housing new build along with rising costs pushed Mulalley to a £3.2m pre-tax loss last year. but the Essex-based firm’s powerhouse housing maintenance and upkeep division helped cushion the blow. strong demand from councils and social landlords driving a 15% uplift in group turnover to almost £200m in the year to March 2025.
Source: constructionenquirer.com