Ft Pipeline Systems Ltd

FT Pipeline Systems Ltd, based in Lichfield, UK, is a large, holding company with an active status, having been incorporated fifteen years ago in June 2009. Employing twenty people, the company holds assets valued at £5,616,674 and generates a yearly revenue of £32,480,083. It operates from a real address and is overseen by two directors and two owners, with ownership being held by Frazer And Tabberer Group Ltd and Frazer Duncan. The company regularly imports and exports iron or steel products, with a history of 195 months of import activity and 65 months of export activity.

The company's website reveals a business deeply involved in the water and gas industries, specializing in steel water pipes. It offers a wide range of products, including steel pipes, fittings, spacers, and water treatment solutions. Notably, it’s developed the E Joint system, now a standard in UK steel water pipelines, and collaborates with Turkish and French manufacturers. Beyond pipelines, FT Pipeline Systems also provides solutions for natural gas regulation, hydrogen infrastructure, and even street furniture. The website highlights its commitment to innovation, showcasing products like smart lids for leak detection and bespoke pipe spacers.

Financially, FT Pipeline Systems Ltd presents a mixed picture. While turnover increased significantly by 63%, reaching £32,480,083, net assets decreased by 28%, settling at £2,600,000. Bank borrowings surged by 400%, reaching £140,000, while cash reserves fell by 60%, dropping to £180,000. Creditors also increased by 45%, reaching £3,200,000. The company meets two of three criteria to be considered a large company, indicating a solid but not overly expansive operation. The lack of an auditor mentioned suggests it’s exempt from full auditing requirements. The sharp decrease in equity raises questions, but the company’s diverse product range and established presence in key industries suggest it’s well-positioned for future growth. The directors report and financial statements were signed by the directors in November 2024.

Registered in England/Wales under the registration number 06938002, with a registered address at WS13 7SY, Lichfield, Staffordshire, Unit 6b Eastern Park, Eastern Avenue.

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