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Pipes & Tubes (2010) Limited

07206060

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

THE TOWER, ULVERSTON, LA12 7AJ
Incorporated 29/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Kristian Joseph Wilkes

director · Since 29/03/2010

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Timec 1794 Limited

75–100% shares
75–100% votes

Time Central, 32 Gallowgate, Newcastle Upon Tyne, NE1 4BF

Reg: 13742542 · England And Wales · Limited Liability Company

Notified 06/04/2022

Former PSCs

Mr Kristian Joseph Wilkes

Ceased 08/04/2022

Timec 1794 Limited

Ceased 16/06/2022

Timec 1795 Limited

Ceased 16/06/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/03/2025Registered 21/03/2025
Charge
satisfied

HSBC BANK PLC

Created 09/11/2015Registered 26/11/2015Satisfied 03/03/2025
Charge
satisfied

HSBC BANK PLC

Created 27/11/2013Registered 28/11/2013Satisfied 03/03/2025
Charge
satisfied

HSBC BANK PLC

Created 30/09/2013Registered 03/10/2013Satisfied 03/03/2025
charge
satisfied

HSBC BANK PLC

Created 05/10/2010Registered 06/10/2010Satisfied 03/03/2025
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 31/08/2010Registered 02/09/2010Satisfied 03/03/2025
charge
outstanding

HSBC BANK PLC

Created 15/07/2010Registered 16/07/2010

CompanyRankvs 1183+ SIC 71129 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.45× · 12/20
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 strength25/25 pts

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

Employees15/15 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.

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 31/03/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£4.5M

Current Liabilities

£3.1M

Fixed Assets

£356k

Debtors

£2.1M

53avg. employees+6

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.45+£393k
20241.31+£135k
20233.16-£1.5M
20223.18+£49k
20212.03+£903k
20200.87-£458k
20191.15

Derived from filed accounts. Not audited figures.