Marine Engineering Pipeworks Limited
01288264
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/02/1997
TECHNICAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 61
Also on 3 other boards
Persons with Significant Control
Mr Philip Harper
British · England · Age 66
12, Foxcover Lane, Sunderland, SR3 3TQ
Notified 10/04/2017
Charges2 outstanding
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CompanyRankvs 245+ SIC 25990 peers77
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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 31/10/2024
Net Worth
£6.6M
Balance sheet strength
Cash
£4.0M
Cash in the bank
Net Current Assets
£6.2M
Working capital
Current Assets
£8.1M
Current Liabilities
£1.9M
Fixed Assets
£439k
Debtors
£786k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.20 | +£275k |
| 2023 | 4.22 | — |
Derived from filed accounts. Not audited figures.