Pip Limited
11103085
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/12/2017
SOLICITOR
BRITISH · UNITED KINGDOM · Age 63
Also on 4 other boards
director · Since 11/11/2020
COMMERCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 2 other boards
director · Since 11/11/2020
COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 67
Persons with Significant Control
Mr David Christopher Sandeman
British · England · Age 67
Fodens Business Centre, M54 Junction 6, Telford, TF3 5HL
Notified 11/11/2020
Mr Timothy John Hamilton Main
British · England · Age 60
Fodens Business Centre, M54 Junction 6, Telford, TF3 5HL
Notified 11/11/2020
Former PSCs
Mr Stephen Michael Foden
Ceased 17/11/2022
CompanyRankvs 640400+ SIC 62090 peers29
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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.
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
-£325k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£309k
Working capital
Current Assets
£10k
Current Liabilities
£319k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.03 | -£96k |
| 2023 | 0.06 | -£142k |
| 2021 | 0.09 | -£41k |
| 2020 | 0.46 | -£35k |
| 2019 | 0.21 | — |
| 2018 | Infinity | — |
Derived from filed accounts. Not audited figures.