Piping Design And Engineering Limited
14551254
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/12/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 2 other boards
director · Since 20/12/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 1 other board
Persons with Significant Control
Mr Ian James Watson
British · United Kingdom · Age 55
The Old Mews, 6 Oxhill Farm, High Lane, Middlesbrough, TS8 0BG
Notified 20/12/2022
Mrs Samantha Deana Watson
British · United Kingdom · Age 55
The Old Mews, 6 Oxhill Farm, High Lane, Middlesbrough, TS8 0BG
Notified 20/12/2022
CompanyRankvs 9566+ SIC 71129 peers63
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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 31/03/2025
Net Worth
£26k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£25k
Working capital
Current Assets
£59k
Current Liabilities
£34k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.73 | +£3k |
| 2024 | 1.46 | — |
Derived from filed accounts. Not audited figures.