Pipeline Technology Limited

Pipeline Technology Limited, based in Chesham, UK, is a small holding company with an active status, celebrating 33 years since its founding in 1991. With thirteen employees and £2,770,575 in assets, the company operates from a virtual address, managed by three directors and a single owner. It regularly imports machinery, boilers, and mechanical appliances – parts, with 57 months of import activity, and exports basic metal tools and utensils, showing 104 months of export activity.

The company's website showcases a focus on water infrastructure solutions in Scotland, positioning itself as "Scotland's WIRS Accredited Water Specialists." It offers a range of services, including new water connections, mains diversions, network reinforcements, and trenchless installations, catering to commercial developments. The site highlights accreditation from Lloyds Water Industry Regulation Scheme (WIRS) and emphasizes a partnership approach with clients. It also has a testimonials section, with one client praising the company’s professionalism and proactive approach.

Financially, Pipeline Technology Limited shows a mixed picture. Current assets increased by 26% to £2,800,000, while net assets grew by 11% to £1,900,000. Trade debtors increased significantly, by 78%, suggesting a potential reliance on customer payments. Bank borrowings, however, surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. As a small company (meeting two of three criteria), it’s exempt from an audit, relying on unaudited financial statements. The company’s growth in assets and debtors is encouraging, but the increase in borrowings and decrease in cash reserves warrant attention. It’s likely that the company is investing in its operations, but careful management of its finances will be crucial for sustained success.

Registered in England/Wales under the registration number 02654842, with a registered address at HP5 1EG, United Kingdom, Chesham, C/O Dickinsons, Brandon House, First Floor, 90 The Broadway.

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