Profits plunge 85% at Nottinghamshire engineering firm

Profits have plunged by almost 85% at Nottinghamshire engineering company Goodman Metalworks after what directors described as a "quieter marketplace".

The fabricated metals specialist, based in Colwick, saw pre-tax profits fall from £646,000 to just £98,000 in the year to March 31, 2026.

Turnover also dropped by 9.3%, from £9.3m to £8.4m, according to newly-filed accounts.

Employee numbers decreased from 86 to 79 dur... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...