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Specialised Pipe & Services Limited

02004084

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNIT 6 BURMA DRIVE, HULL, HU9 5SD
Incorporated 26/03/1986

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 22/04/2026

Due 06/05/2027

On track

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Mr Michael William Hansley

director · Since 30/04/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 2 other boards

Mr Stephen Foster

director · Since 01/04/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Richard James Hansley

director · Since 01/04/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Persons with Significant Control

Specialised Pipe & Services (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Unit 6 Burma Drive, Marfleet Industrial Estate, Hull, HU9 5SD

Reg: 09229309 · Companies House · Limited

Notified 06/04/2016

Charges7 outstanding

Charge
outstanding

HSBC BANK PLC

Created 11/03/2015Registered 27/03/2015
charge
outstanding

HSBC BANK PLC

Created 21/07/2009Registered 22/07/2009
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 27/03/2009Registered 01/04/2009
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 07/04/2006Registered 11/04/2006
charge
outstanding

HSBC BANK PLC

Created 06/01/2004Registered 09/01/2004
charge
outstanding

MIDLAND BANK PLC

Created 09/09/1994Registered 13/09/1994
charge
outstanding

MIDLAND BANK PLC

Created 09/09/1994Registered 13/09/1994

CompanyRankvs 30+ SIC 24200 peers
76

Financial strength90th percentile among SIC peers · 23/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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30Specialised Pipe & Services Limited
86
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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£654k

Cash in the bank

Net Current Assets

£851k

Working capital

Current Assets

£1.2M

Current Liabilities

£315k

Fixed Assets

£280k

Debtors

£284k

9avg. employees

Balance Sheet

Intangible assets£11k
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.70+£37k
20243.73—
20232.98—
20222.69+£130k
20212.56+£51k
20202.36+£44k
20192.27—

Derived from filed accounts. Not audited figures.