Pipeline Innovations Ltd

Pipeline Innovations Ltd, based in Cramlington, UK, is a small, active company founded fifteen years ago. Employing eighteen people and holding assets of £2,028,040, it operates from a real address and is overseen by two directors and three owners. The company regularly imports and exports optical and medical tools and devices, with three months of import activity and six months of export activity recorded.

The company's website showcases a specialized focus on pipe measurement products and services, specifically designed for pipeline construction, commissioning, and cleaning. It offers a range of services, including pipeline geometry surveys, proving, debris mapping, and data logging, alongside a selection of products like standard and subsea caliper pigs. The site highlights partnerships with pipeline operators and service providers worldwide, emphasizing expertise and quality. It’s clear they’re not an e-commerce business; instead, they’re a B2B provider of specialized equipment and services.

Financially, Pipeline Innovations Ltd presents a mixed picture. Current assets have decreased by 9.5% to £2,000,000, while net assets have fallen 8.1% to £3,400,000. Bank borrowings have vanished completely, and cash reserves have increased by 5.2% to £1,100,000. A notable increase in dividend declared payable—£120,000—suggests a return of value to shareholders, though it could also indicate a need for increased investment. Creditors have decreased by 5.5%, which is a good sign. The company meets the criteria for a small entity, with turnover likely under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

The company's focus on specialized services and equipment, combined with a slight dip in assets, suggests it's navigating a competitive market. While the increase in cash reserves is encouraging, the decrease in net assets warrants further monitoring. The company’s ability to maintain its niche expertise and secure new contracts will be key to its long-term success.

Registered in England/Wales under the registration number 06929684, with a registered address at NE23 1WB, England, Cramlington, 41b Colbourne Crescent, Nelson Park Industrial Estate.

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