Pipe Manufacturing Solutions Ltd
12337318
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 23/06/2025
Due 07/07/2026
Industry
Officers
Remziye Demet Fidan
director · Since 16/11/2020
British
Former
Mehmet Derya Ayhan
director · Resigned 17/11/2020
Colak Muzaffer
director · Resigned 07/06/2021
CompanyRankvs 120+ SIC 24200 peers80
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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
£9.3M
Balance sheet strength
Cash
£201k
Cash in the bank
Net Current Assets
£2.9M
Working capital
Current Assets
£4.5M
Current Liabilities
£1.6M
Fixed Assets
£6.7M
Debtors
£1.4M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 2.82 |
Derived from filed accounts. Not audited figures.