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Pipesafe Limited

03752717

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

30 OLD BAILEY, LONDON, EC4M 7AU
Incorporated 15/04/1999

Compliance

Last accounts

31/05/2024

small

Next accounts due

28/02/2026

Overdue

Confirmation statement

Last: 15/04/2025

Due 29/04/2026

Overdue

Industry

68209
Other letting and operating of own or leased real estate

Officers

Ms Nicole Ann Martin

director · Since 28/03/2018

LAWYER

BRITISH · ENGLAND · Age 62

Also on 31 other boards

Mr Sahil Sachdeva

director · Since 04/09/2025

LEGAL COUNSEL

BRITISH · ENGLAND · Age 34

Also on 10 other boards

Persons with Significant Control

Holaw (581) Limited

75–100% shares

5th Floor, Lecionfield House, Curzon Street, London, W1J 5JA

Reg: 03806419 · England And Wales · Limited Company

Notified 06/04/2016

Charges5 outstanding

Charge
outstanding

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY

Created 22/09/2022Registered 26/09/2022
Charge
satisfied

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY AS LENDER

Created 26/09/2018Registered 04/10/2018Satisfied 26/06/2021
Charge
satisfied

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY AS LENDER

Created 20/09/2018Registered 26/09/2018Satisfied 26/06/2021
Charge
outstanding

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY

Created 21/09/2018Registered 25/09/2018
Charge
satisfied

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY AS LENDER

Created 15/08/2018Registered 16/08/2018Satisfied 26/06/2021
Charge
satisfied

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY AS LENDER

Created 09/07/2018Registered 11/07/2018Satisfied 26/06/2021
Charge
outstanding

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY

Created 05/07/2018Registered 10/07/2018
Charge
outstanding

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY

Created 05/07/2018Registered 06/07/2018
Charge
outstanding

TFB (MORTGAGES) DESIGNATED ACTIVITY COMPANY

Created 26/04/2018Registered 02/05/2018

Insolvency History1 case

creditors voluntary liquidation07/11/2025

Rebecca Jane Dacre (practitioner) · Kyle Ashford (practitioner) · Adam Harris (practitioner)

CompanyRankvs 15+ SIC 68209 peers
0

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to the Note 1.2 of the financial statements, which indicates that the company has a short term loan facility of £16,350,000 and net current liabilities of £26,233,047 a

Key FinancialsYear ending 31/05/2023

Net Worth

-£14.5M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£31.1M

Bottom line earnings

Net Current Assets

-£26.2M

Working capital

Current Assets

Current Liabilities

£27.2M

Debtors

£931k

Admin Expenses

£132k

Profit After Tax

-£30.4M

4avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities-£14.5M
Prepared with CCH Software