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Hydrostatic Testing Pipeline Services Ltd

10512945

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

73 BYE PASS ROAD, CHESTER, CH3 8EF
Incorporated 06/12/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/01/2026

Due 26/01/2027

On track

Industry

36000
Water collection, treatment and supply
43999
Specialised construction activities
72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Thomas Christopher

director · Since 06/12/2016

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mr Daniel Edward Davies

director · Since 01/11/2021

COMPANY DIRECTOR

WELSH · WALES · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Thomas Christopher

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 36

73 Bye Pass Road, Cheshire

Notified 06/12/2016

Mr Daniel Edward Davies

25–50% shares
25–50% votes
Appoint directors

Welsh · Wales · Age 37

73, Bye Pass Road, Chester, CH3 8EF

Notified 01/11/2021

CompanyRankvs 162+ SIC 36000 peers
77

Financial strength83th percentile among SIC peers · 21/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 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.

Longevity10/15 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 31/12/2024

Net Worth

£202k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£97k

Working capital

Current Assets

£183k

Current Liabilities

£86k

Fixed Assets

£138k

Debtors

£171k

3avg. employees

Tax at Year End(2021)

Corp tax£8k
VAT£11k

Director Loans(2021)

Company owes directors£21k
Directors owe company£326

Balance Sheet

Assets less current liabilities£235k

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.14+£29k
20231.92+£67k
20221.42+£89k
20210.81-£3k£222k
20200.75-£40k£222k
20190.60-£70k£22k
20181.43£1.0M

Derived from filed accounts. Not audited figures.