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Pipeline Products Limited

01805228

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

15 CONCORDE DRIVE, CLEVEDON, BS21 6UH
Incorporated 02/04/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Mr Roy Henrie Anderson

director · Since 31/12/1993

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Mr Matthew William Jones

director · Since 01/04/2010

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Pipeline Products Holdings Ltd

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Woodlands Grange, Woodlands Lane, Bristol, BS32 4JY

Reg: 03904897 · England & Wales · Limited

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 15/09/2021Registered 16/09/2021
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 09/12/2019Registered 10/12/2019
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 29/08/2019Registered 30/08/2019Satisfied 23/09/2020
charge
satisfied

HSBC BANK PLC

Created 04/06/2004Registered 08/06/2004Satisfied 04/03/2011
charge
satisfied

HSBC BANK PLC

Created 14/04/2004Registered 20/04/2004Satisfied 04/03/2011
charge
satisfied

VENTURE FINANCE PLC

Created 16/12/1998Registered 22/12/1998Satisfied 12/12/2019
charge
satisfied

LLOYDS BANK PLC

Created 31/12/1993Registered 06/01/1994Satisfied 04/03/2011

CompanyRankvs 36+ SIC 46720 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.52× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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36Pipeline Products Limited
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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

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

£2.4M

Balance sheet strength

Cash

£475k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£3.2M

Current Liabilities

£917k

Fixed Assets

£185k

Debtors

£1.0M

18avg. employees-1

Tax at Year End

Corp tax£166k

Balance Sheet

Intangible assets£11k
Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.52+£175k
20233.42+£22k
20222.57+£253k
20212.59-£54k
20203.79+£48k
20193.34+£164k
20184.12—

Derived from filed accounts. Not audited figures.