Back to search

Pipe Systems Limited

03522238

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GENESIS BUSINESS CENTRE, HORSHAM, RH13 5QH
Incorporated 05/03/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Linda Ann Salsano

secretary · Since 05/03/1998

PARTNER

BRITISH · UNITED KINGDOM · Age 70

Also on 1 other board

Linda Ann Salsano

director · Since 05/03/1998

PARTNER

BRITISH · UNITED KINGDOM · Age 70

Also on 1 other board

Mr William Leonard John Salsano

director · Since 05/03/1998

PARTNER

BRITISH · UNITED KINGDOM · Age 71

Joan Bevis

director · Since 01/07/2005

BOOK KEEPER

BRITISH · UNITED KINGDOM · Age 67

Terry Liquorish

director · Since 01/07/2005

LABOUR MANAGER

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mrs Linda Ann Salsano

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 70

18, Winceby Close, Bexhill-On-Sea, TN39 3EF

Notified 16/04/2016

Mr William Leonard John Salsano

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 71

18, Winceby Close, East Sussex, TN39 3EF

Notified 16/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 17/11/2004Registered 07/12/2004

CompanyRankvs 44+ SIC 43290 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1J.B.Corrie And Company Limited
90
2Standage & Co. Limited
90
3Brown & Kirby Limited
90
4Dawson Construction Plant Limited
90
5Pruce Newman Pipework Limited
90
6Frame Homes (South West) Limited
90
7Broadland Windows Limited
90
8C.L.C. Contractors Limited
90
9Contex Builders Limited
90
10Booth & Associates Limited
90
44Pipe Systems Limited
90
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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 30/06/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£976k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.3M

Current Liabilities

£979k

Fixed Assets

£180k

Debtors

£1.3M

20avg. employees+6

Tax at Year End(2021)

Corp tax£85k

Balance Sheet

Assets less current liabilities£1.5M
Signed by W Salsano 28 November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.33+£445k
20241.99+£222k
20232.59+£35k
20222.60+£771k
20212.73—

Derived from filed accounts. Not audited figures.