Pipe And Weld Services Ltd
08652951
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
30/10/2026
Confirmation statement
Last: 16/08/2025
Due 30/08/2026
Industry
Officers
Persons with Significant Control
Mr Jonathan Henry Carver
British · England · Age 57
16, Hare Road, King's Lynn, PE34 3PN
Notified 17/08/2016
Former PSCs
Mr Barry John Carver
Ceased 17/08/2016
Charges1 outstanding
BARRY JOHN CARVER
CompanyRankvs 21733+ SIC 43290 peers25
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/01/2025
Net Worth
-£21k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£28k
Working capital
Current Assets
£825
Current Liabilities
£29k
Fixed Assets
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.03 | -£29k |
| 2024 | 0.46 | — |
| 2022 | 0.68 | — |
| 2021 | 0.64 | — |
| 2020 | 0.57 | +£2k |
| 2019 | -1.14 | — |
| 2018 | 0.96 | — |
Derived from filed accounts. Not audited figures.