Back to search

Polyethylene Pipelines Company Limited

00823388

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

CHARRINGTON FARM STATION ROAD, HOOK, RG27 8ZY
Incorporated 16/10/1964

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

43999
Specialised construction activities

Officers

Mrs Christine Ray

director · Since 12/03/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Mr Colin Ray

director · Since 12/03/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 5 other boards

Mr Colin Ray

secretary · Since 18/08/1992

BRITISH · ENGLAND · Age 73

Also on 5 other boards

Mr James Michael Ray

director · Since 01/04/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Mr Daniel Broda

director · Since 09/09/2023

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 42

Mrs Natalie Hannah Ray

director · Since 09/09/2023

CERTIFIED CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mrs Christine Ray

25–50% shares
25–50% votes

British · England · Age 72

Charrington Farm, Station Road, Hook, RG27 8ZY

Notified 06/04/2016

Mr Colin Ray

25–50% shares
25–50% votes

British · England · Age 73

Charrington Farm, Station Road, Hook, RG27 8ZY

Notified 06/04/2016

CompanyRankvs 7714+ SIC 43999 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Foster Contracting Limited
90
2Wetherells Contracts Limited
90
3P.C.Richardson & Co.(Middlesbrough),Limited
90
4R.C. Cutting & Co. Limited
90
5Hugh Pearl (Land Drainage) Limited
90
6H.H.Adkins(Contractors)Limited
90
7Allen Fabrications Limited
90
8Sibbons (Alresford) Limited
90
9George Killoughery Limited
90
10Claude Fenton (Plant Hire) Limited
90
7714Polyethylene Pipelines Company Limited
71
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£1.1M

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.2M

Fixed Assets

£2.6M

Debtors

£1.1M

Profit After Tax

£137k

23avg. employees+2

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£137k
20231.23—

Derived from filed accounts. Not audited figures.