Pipeline Precision Engineering Ltd
- Active
- Small
- Holding
- 16 years
- £619,090 (cur assets)
- 1m-15m
- Irregular importer
- Regular exporter
- Real address
- 1 director
- 2 owners
- Saltburn-By-The-Sea
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 4 months ago, a good sign to sell them something.
The owners list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Pipeline Precision Engineering Ltd, based in Middlesbrough, UK, is a small, active company founded fifteen years ago in 2009. With two employees and £623,963 in assets, it operates as a holding company under the direction of two directors and a single owner. The company’s registered address is real, with only two other companies registered there. It’s a regular exporter of machinery, boilers, and mechanical appliances, with seventeen months of export activity recorded, the latest in September 2023, but an irregular importer of iron or steel products, with just one month of import activity in 2020. The company operates in the manufacture of other fabricated metal products.
While the company's website is unavailable, its activities are primarily focused on fabrication engineering. It’s a small business, meeting two of three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.
Financially, Pipeline Precision Engineering Ltd shows some concerning trends. Cash bank on hand has plummeted 88% to just £15,000, while bank borrowings have increased to £5,200. Creditors have risen significantly, increasing 140% to £110,000, and trade debtors have ballooned by 28%, reaching £610,000. A significant drop in net assets, decreasing 8.3% to £550,000, is also noticeable. The company’s accumulated amortisation impairment intangible assets remained constant at £20,000. The company is exempt from an audit as a small company.
These figures suggest a period of financial strain, potentially linked to increased borrowing and rising debts. However, the increase in trade debtors could indicate expanded sales or delayed customer payments. It’s possible the company is investing in growth, but the declining cash reserves raise questions about its short-term liquidity. The directors, Wild Anthony and Hannar Simon Lee, will need to carefully manage these pressures to ensure the company’s long-term viability.
Registered in England/Wales under the registration number 07003851, with a registered address at TS12 2LQ, England, Saltburn-By-The-Sea, United Kingdom, 23/31 Wandhills Avenue Skelton Industrial Estate, Skelton-In-Cleveland.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 4 months
- 4
- 75%+
-
Resident of United Kingdom
-
Corporate
- 3 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 16 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 9 pages pdf report
-
Registered office address changed from Slipways Dockside Road Middlesbrough TS3 8AT United Kingdom to 23/31 Wandhills Avenue Skelton Industrial Estate Skelton-in-Cleveland Saltburn-by-the-Sea United Kingdom TS12 2LQ on 2026-01-13Download 1 page pdf report
-
Termination of appointment of Anthony Wild as a director on 2025-11-01Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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Exporter profile by HS codes
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Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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