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Pipes On Sight Limited

05120066

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

THE STABLE THE GRANGE BUSINESS PARK, WESTON-SUPER-MARE, BS24 6RR
Incorporated 05/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71200
Technical testing and analysis

Officers

Matthew Walkley

secretary · Since 18/12/2009

BRITISH

Michael David Walkley

director · Since 18/12/2009

ENGINEER

BRITISH · UNITED KINGDOM · Age 69

Also on 1 other board

Mr Matthew David James Walkley

director · Since 26/07/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Pipes On Sight Holdings Limited

75–100% shares
75–100% votes

Suite 1, Liberty House, Bristol, BS3 2ST

Reg: 04488256 · Uk · Limited Company

Notified 01/04/2023

Former PSCs

Mr Michael David Walkley

Ceased 01/04/2023

CompanyRankvs 856+ SIC 71200 peers
73

Financial strength73th percentile among SIC peers · 18/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

£37k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£104k

Current Liabilities

£97k

Fixed Assets

£56k

Debtors

£82k

Profit After Tax

£52k

4avg. employees

Tax at Year End

Corp tax£20k
Dividends paid£47k

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£63k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.07+£5k
20241.15-£31k
20231.63+£44k
20221.35+£15k
20211.42

Derived from filed accounts. Not audited figures.