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P.J. Pipe & Valve Co. Limited

01271151

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

4 POST OFFICE WALK, HERTFORD, SG14 1DL
Incorporated 30/07/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
28140
Manufacture of taps and valves
46900
Non-specialised wholesale trade

Officers

Mr Daniel Richard John Munro

director · Since 01/10/2001

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Steven Raymond Charles

director · Since 10/01/2003

COMMERCIAL DIRECTOR

ENGLISH · ENGLAND · Age 54

Also on 1 other board

Mr Philip Harold Goodmaker

director · Since 01/01/2022

CHARTERED ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 79

Also on 1 other board

Mr Kenneth James Kmiec

director · Since 01/01/2022

MANAGING DIRECTOR

AMERICAN · UNITED STATES · Age 57

Mr James David Moir B Eng

director · Since 01/01/2022

SALES DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Mr Daniel Richard John Munro

ownership-of-shares-75-to-100-percent-as-firm

British · England · Age 52

4, Post Office Walk, Hertford, SG14 1DL

Notified 06/04/2016

P J Valves Group Limited

75–100% shares
75–100% votes

4, Post Office Walk, Hertford, SG14 1DL

Notified 10/06/2024

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/05/2024Registered 22/05/2024
charge
outstanding

HSBC BANK PLC

Created 06/05/2005Registered 11/05/2005

CompanyRankvs 25+ SIC 24200 peers
67

Financial strength96th percentile among SIC peers · 24/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees13/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£3.4M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£239k

Bottom line earnings

Net Current Assets

£4.5M

Working capital

Current Assets

£8.8M

Current Liabilities

£4.3M

Fixed Assets

£116k

Debtors

£6.8M

Profit After Tax

£89k

9avg. employees-1

Tax at Year End

Corp tax£50k

People Costs

Wages & salaries£807k

Balance Sheet

Bank loans & overdrafts£2.0M
Depreciation£26k
Assets less current liabilities£4.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.07+£23k
20231.58+£1.4M
20221.43+£463k
20211.58-£647k
20201.66-£74k
20191.41

Derived from filed accounts. Not audited figures.