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Nero Pipeline Connections Limited

02740604

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

UNIT 2, OLDBURY, B69 3EX
Incorporated 18/08/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Mr Ross Dermot Mooney

director · Since 18/08/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Alison Mooney

secretary · Since 01/09/2006

BRITISH

Mr Darryl Jon Spencer-Hicks

director · Since 01/09/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Alison Mooney

director · Since 14/01/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Persons with Significant Control

Nero Midlands Ltd

75–100% shares
75–100% votes

Unit 2, Union Road, Oldbury, B69 3EX

Reg: 08882429 · England & Wales · Limited Company

Notified 01/06/2016

Charges0 outstanding

Charge
satisfied

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CompanyRankvs 210+ SIC 46720 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 6.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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210Nero Pipeline Connections Limited
78
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.

Employees4/15 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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£4.8M

Balance sheet strength

Cash

£979k

Cash in the bank

Net Current Assets

£4.5M

Working capital

Current Assets

£5.4M

Current Liabilities

£874k

Fixed Assets

£386k

Debtors

£2.0M

Profit After Tax

£1.0M

0avg. employees

Tax at Year End

Corp tax£102k
Dividends paid£780k

Balance Sheet

Assets less current liabilities£4.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20256.17+£0
20256.17+£248k
20244.94+£250k
20235.06+£921k
20224.51+£802k
20214.96—

Derived from filed accounts. Not audited figures.