Pipes Limited
04707798
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/04/2006
DIRECTOR
BRITISH · UNITED KINGDOM · Age 41
Also on 1 other board
Persons with Significant Control
Mr Alan Corrin
British · England · Age 73
Dsco, The Tower,, The Maltings, Ware, SG12 9LR
Notified 21/03/2017
Mr Alex Corrin
British · England · Age 41
Dsco, The Tower,, The Maltings, Ware, SG12 9LR
Notified 21/03/2017
Mrs Clare Louise Corrin
British · England · Age 47
Dsco, The Tower,, The Maltings, Ware, SG12 9LR
Notified 21/03/2017
Mrs Maria Corrin
British · England · Age 70
Dsco, The Tower,, The Maltings, Ware, SG12 9LR
Notified 21/03/2017
CompanyRankvs 21001+ SIC 43220 peers51
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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.
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
-£5k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£26k
Current Liabilities
£38k
Fixed Assets
£8k
Debtors
£13k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.69 |
| 2024 | 0.98 |
| 2023 | 0.95 |
| 2022 | 0.97 |
| 2021 | 1.13 |
Derived from filed accounts. Not audited figures.