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Psl Pipelines Ltd

14665910

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

WARDS BUSINESS PARK, SUNDERLAND, SR2 9TE
Incorporated 15/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
25620
Machining
42910
Construction of water projects

Officers

Mr William Taylor-Veitch

director · Since 23/02/2024

MD

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr William Taylor-Veitch

75–100% shares
75–100% votes
Appoint directors

British · England · Age 58

Wards Business Park, Wellmere Road, Sunderland, SR2 9TE

Notified 23/02/2024

Former PSCs

Mr Peter Valaitis

Ceased 23/02/2024

CompanyRankvs 212+ SIC 24200 peers
61

Financial strength64th percentile among SIC peers · 16/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 28/02/2025

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£17k

Working capital

Current Assets

£47k

Current Liabilities

£30k

Fixed Assets

£6k

3avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.56

Derived from filed accounts. Not audited figures.