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Induction Pipe Bending Uk Limited

05403517

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

11 SEDLING ROAD, WASHINGTON, NE38 9BZ
Incorporated 24/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Peter Ian Wharton

secretary · Since 24/03/2005

PROJECT MANAGER

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Michael James Last

director · Since 24/03/2005

MACHINE OPERATOR

BRITISH · UNITED KINGDOM · Age 59

Andrew Martin Stewart

director · Since 24/03/2005

PROJECT MANAGER

BRITISH · ENGLAND · Age 57

Peter Ian Wharton

director · Since 24/03/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Charges4 outstanding

Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 08/11/2013Registered 23/11/2013
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 21/12/2012Registered 05/01/2013
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 01/06/2012Registered 16/06/2012
charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 01/06/2012Registered 08/06/2012
charge
satisfied

BARCLAYS BANK PLC

Created 02/02/2009Registered 10/02/2009Satisfied 04/09/2012
charge
satisfied

BARCLAYS BANK PLC

Created 13/09/2005Registered 24/09/2005Satisfied 21/08/2012

CompanyRankvs 2271+ SIC 25990 peers
58

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2025

Net Worth

£3.1M

Balance sheet strength

Cash

£220k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£264k

Fixed Assets

£2.7M

Debtors

£593k

36avg. employees
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2025+£1.4M
20243.06+£43k
20232.25+£145k
20221.79+£206k
20211.66

Derived from filed accounts. Not audited figures.