MPB Structures has boosted margins and more than doubled its cash pile after pivoting hard into public sector and infrastructure work.

The RC frame and civils specialist posted turnover of £106m for the year to 30 September 2025, down from £116m, reflecting a deliberate move away from private residential and commercial jobs.

Pre-tax profit held steady at £4.1m (2024: £4.3m), with margins improving to 3.9% as the firm focused on longer-duration, lower-risk projects.

Cash at bank surged to £13m from £6m, underlining what directors said was a step-change in earnings quality and financial resilience.

More than 65% of MPB’s £160m forward order book is now tied to government-backed work across sectors including HS2, healthcare, power, data and manufacturing.

Director Patrick Boyle said: “This has been a year of real substance for MPB. The revenue movement is a reflection of strategic choices we have made, not market headwinds.”

He added: “We have taken deliberate steps to increase our exposure to long-duration, government-backed contracts and to reduce our reliance on sectors where viability and risk have deteriorated.”

Director Sean Boyle said the firm enters the new financial year with “over £160m of secured work” and “a business model that we believe is genuinely differentiated in our market.”

Headcount increased to 75 as MPB continued to invest in apprenticeships and degree programmes.