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Pipeline Innovations Ltd

06929684

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

41B COLBOURNE CRESCENT, CRAMLINGTON, NE23 1WB
Incorporated 10/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr David Thompson

director · Since 10/06/2009

ENGINEER

BRITISH · UNITED KINGDOM · Age 76

Mr Peter Ward

director · Since 10/06/2009

ENGINEER

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Persons with Significant Control

Mr David Thompson

25–50% shares
25–50% votes

British · United Kingdom · Age 76

41b, Colbourne Crescent, Cramlington, NE23 1WB

Notified 06/04/2016

Mr Rennie Hill

25–50% shares
25–50% votes

British · United Kingdom · Age 79

41b, Colbourne Crescent, Cramlington, NE23 1WB

Notified 06/04/2016

Mr Peter Ward

25–50% shares
25–50% votes

British · United Kingdom · Age 75

41b, Colbourne Crescent, Cramlington, NE23 1WB

Notified 06/04/2016

CompanyRankvs 398+ SIC 32990 peers
88

Financial strength95th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 10.23× · 20/20
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 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.

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 30/06/2025

Net Worth

£2.6M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.2M

Current Liabilities

£212k

Fixed Assets

£850k

Debtors

£766k

Profit After Tax

£88k

18avg. employees

Tax at Year End

Corp tax£33k
Dividends paid£278k

Balance Sheet

Assets less current liabilities£2.8M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202510.23+£0
202510.23-£768k
20248.64-£298k£314k
202310.07£204k

Derived from filed accounts. Not audited figures.