Back to search

Pipeworx Limited

05224830

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

27 SOUTHPARK ROAD, TYWARDREATH, CORNWALL, PL24 2PU
Incorporated 07/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Ken Johnson

secretary · Since 07/09/2004

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mrs Alison Johnson

director · Since 07/09/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Mr Ken Johnson

director · Since 07/09/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Richard Johnson

director · Since 01/08/2007

ENGINEER

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Kenneth Johnson

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · England · Age 69

27, Southpark Road, Tywardreath, Cornwall, PL24 2PU

Notified 06/04/2016

Mr Richard Johnson

25–50% shares
25–50% votes

British · England · Age 46

27, Southpark Road, Tywardreath, Cornwall, PL24 2PU

Notified 01/09/2025

CompanyRankvs 615+ SIC 43220 peers
87

Financial strength96th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 9.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1F.R. Scott Limited
90
2Maracom Limited
90
3Fred Stoddart Limited
90
4Arnold James (St. Albans) Limited
90
5Fred Margarson Limited
90
6R.C.Cook & Co.Limited
90
7William Bailey Limited
90
8Aircon-Refrigeration Limited
90
9R.H.F.Heating Company Limited
90
10Engineering Installations (Teesside) Limited
90
615Pipeworx Limited
87
How is this score calculated?
Financial strength24/25 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.

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.

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

£448k

Balance sheet strength

Cash

£353k

Cash in the bank

Net Current Assets

£351k

Working capital

Current Assets

£394k

Current Liabilities

£43k

Fixed Assets

£98k

Debtors

£39k

5avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20259.07+£27k
20247.07+£57k
20235.29+£79k
20222.74+£57k
20212.27—

Derived from filed accounts. Not audited figures.