Gas And Water Pipelines Limited

Gas And Water Pipelines Limited, based in Northampton, UK, is a small, active company founded twelve years ago in December 2012. Employing just two people, the company holds £403,547 in assets and operates from a real address. With two directors and two owners, it’s a relatively small operation. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, gasandwaterpipelines.co.uk, showcases a wide range of products related to water and gas pipeline infrastructure. It’s clear they’re not a simple e-commerce site; instead, they act as a distributor of specialized components and fittings. The site lists numerous items, from speedfit fittings and MDPE pipes to electrofusion equipment and water meters. They supply both UK and European manufacturers, emphasizing high quality and compliance with current standards. The website also highlights a commitment to customer service and a team with over 50 years of combined experience in the plastics pipe industry.

Financially, Gas And Water Pipelines Limited presents a mixed picture. Current assets have decreased by 21%, dropping to £400,000, while net current assets have fallen even further, by 44%, to £150,000. Bank borrowings have increased significantly, rising by 1,700% to £200,000. Creditors have also increased, though not as dramatically, by 6.5% to £250,000. Cash reserves have fallen by 59%, leaving just £100,000. Interestingly, trade debtors have risen by 17%, suggesting a possible shift in payment terms or increased sales on credit. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids complex reporting requirements, and the accounts are unaudited.

The sharp decline in cash reserves and increase in borrowings are concerning, suggesting the company is burning through money faster than it’s bringing it in. However, the increase in trade debtors could indicate growing sales, which, if converted to cash, could alleviate some of the pressure. The lack of an auditor mentioned further complicates the picture, leaving investors to rely on the director's assessment of the company's health.

Registered in England/Wales under the registration number 08330212, with a registered address at NN5 5JP, England, Northampton, 75a St. James Mill Road.

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