Systems Pipework Limited
01042688
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 01/12/2025
Due 15/12/2026
Industry
Officers
Former
director · Resigned 31/10/1995
director · Resigned 29/03/2019
secretary · Resigned 26/09/2024
director · Resigned 26/09/2024
director · Resigned 30/11/2025
Persons with Significant Control
Systems Group Uk Limited
Forge Industrial Estate, Nantyfyllon, Maesteg, CF34 0BA
Reg: 01578713 · Companies House · Limited By Shares
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
Change History
Active
Private Limited Company
FORGE INDUSTRIAL ESTATE
MAESTEG
CompanyRankvs 15+ SIC 33110 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£3.8M
Balance sheet strength
Cash
£1.6M
Cash in the bank
Net Current Assets
£3.3M
Working capital
Current Assets
£3.6M
Current Liabilities
£326k
Fixed Assets
£585k
Debtors
£1.9M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 11.05 | -£576k |
| 2023 | 7.86 | +£607k |
| 2022 | 5.76 | +£148k |
| 2021 | 5.91 | +£1.1M |
| 2020 | 3.29 | +£221k |
| 2019 | 3.29 | -£79k |
| 2018 | 3.50 | +£415k |
| 2017 | 3.76 | — |
Derived from filed accounts. Not audited figures.