Pipeline & Engineering Products Limited

Pipeline & Engineering Products Limited, based in Wigan, UK, is a small, active company founded 24 years ago. With four employees and £949,514 in assets, it operates from a real address and is managed by two directors and one owner. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with its last import operation occurring in September 2023.

PEP, as it’s known, specializes in supplying industrial plastics to various industries. Its website showcases a wide range of products, including pipe, fittings, valves, sheet, rod, and ventilation systems, catering to both commercial and industrial customers. The business seems to operate primarily as a distributor, sourcing products from manufacturers around the world and selling them to businesses in the UK. There's no indication of e-commerce on the site; it appears to be a B2B operation relying on direct sales and customer relationships.

Financially, Pipeline & Engineering Products Limited presents a mixed picture. While cash reserves have significantly increased by 75% to £400,000, net assets have also risen by 24% to £670,000. However, trade debtors have increased by 17% to £330,000, which could indicate difficulties in collecting payments. Bank borrowings have also decreased by -15% to £5,500. Creditors have increased by 28% to £260,000. The company's small size—meeting two of three criteria for being a small company—helps it remain agile, but the increase in debtors suggests a need to manage cash flow more effectively. No auditor is mentioned, likely due to its status as a small company exempt from an audit. The company’s assets are mostly tied up in property, plant, and equipment, with a significant depreciation charge. Overall, Pipeline & Engineering Products Limited seems to be financially stable, but should monitor its debtors and cash flow closely.

Registered in England/Wales under the registration number 04036752, with a registered address at WN6 7TP, Wigan, Lancashire, Unit 1e Cricket Street Business, Park Prescott Street.

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