European Pipeline Group Limited

European Pipeline Group Ltd, based in Fareham, UK, is a small, active company founded 32 years ago in 1993. With just two employees and £638,256 in assets, it operates as a regular importer of iron or steel products, with its last import operation recorded eight months ago in May 2019. The company has three directors and two owners, and its real address is registered at an industrial park in Hampshire.

The company’s website highlights its role as a leading supplier and manufacturer of ductile iron pipes, valves, and fittings. European Pipeline Engineering Southern Ltd caters to the civil engineering and construction industries across the UK, offering bespoke fabrications, onsite services, and WRAS/DWI/ISO 9001 approved products. The site details a range of products including pipes, fittings, valves, and adaptors, alongside a focus on flange fabrication capabilities and even a mention of machinery purchased from Saint Gobain Pipelines Ltd.

Financially, European Pipeline Group Ltd’s report reveals a mixed picture. Accumulated depreciation on property, plant, and equipment increased by 77%, while bank borrowings surged by a massive 390%. Cash reserves, however, grew by a respectable 31%. Creditors also increased, suggesting a need to manage debt more effectively. Equity dropped significantly, a concerning trend, though it’s important to note that the company is small, meeting two of three criteria for a small company designation (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The unaudited figures, without mention of an auditor, rely on director-reported data.

Overall, European Pipeline Group Ltd appears to be navigating a period of change. While its core business seems stable, the financial trends suggest a need for careful management and a focus on profitability.

Registered in England/Wales under the registration number 02787352, with a registered address at PO15 6SD, Fareham, Hampshire, Pegham Industrial Park, Laveys Lane Funtley.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.