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Pipaway Engineering Limited

00876380

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

PIONEER WORKS, MAIDENHEAD, SL6 7RD
Incorporated 06/04/1966

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Andrew Ian Russell Grant

director · Since 06/10/1999

COMPANY SECRETARY

BRITISH · ENGLAND · Age 68

Also on 5 other boards

Mrs Louise Frances Grant

director · Since 02/01/2007

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mr Kevin Mcdonald

secretary · Since 20/04/2017

Persons with Significant Control

Pipaway Trustees Limited

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Pioneer Works, Malvern Road, Maidenhead, SL6 7RD

Reg: 12406945 · Companies House · Ltd

Notified 11/03/2021

Former PSCs

Mr Andrew Ian Russell Grant

Ceased 23/08/2023

CompanyRankvs 297+ SIC 25620 peers
80

Financial strength71th percentile among SIC peers · 18/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees12/15 pts

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

Liquidity20/20 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 31/05/2025

Net Worth

£353k

Balance sheet strength

Cash

£143k

Cash in the bank

Net Current Assets

£347k

Working capital

Current Assets

£459k

Current Liabilities

£112k

Fixed Assets

£6k

Debtors

£274k

13avg. employees

Tax at Year End(2023)

Corp tax£11k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20254.11+£0
20254.11+£348k
20245.31+£0
20234.83+£0
20222.54+£0
20212.07+£0
20204.34+£0
20193.76+£0
20184.11+£0
20173.30

Derived from filed accounts. Not audited figures.