Pipeline & Engineering Products Limited
04036752
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr John Michael Green
British · England · Age 63
Unit 1e Cricket Street Business, Wigan, WN6 7TP
Notified 06/04/2016
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 1016+ SIC 46900 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
£736k
Balance sheet strength
Cash
£512k
Cash in the bank
Net Current Assets
£751k
Working capital
Current Assets
£1.0M
Current Liabilities
£263k
Fixed Assets
£25k
Debtors
£279k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.85 | +£70k |
| 2023 | 3.70 | +£128k |
| 2022 | 3.79 | +£117k |
| 2021 | 3.31 | +£111k |
| 2020 | 1.83 | +£94k |
| 2019 | 1.45 | +£96k |
| 2018 | 1.21 | — |
Derived from filed accounts. Not audited figures.