Pipemore (scotland) Limited

Pipemore Scotland Ltd, located near Dunfermline, UK, is a small, active company established 36 years ago. With seven employees and £1,257,695 in assets, it’s a well-established player in the Scottish market. Boasting a perfect 5.0 Google rating from 20 reviews, it’s a company with a strong reputation. Three directors and one owner manage the business, operating from a real address. Pipemore regularly imports machinery, boilers, and mechanical appliances, with recent activity recorded in December 2024.

The company’s website, Pipemore Scotland, positions itself as a premier supplier of valves, pipes, pipe fittings, hoses, and pneumatics. Founded in 1988, it emphasizes years of experience in sourcing products and dealing with industry-leading manufacturers. The site highlights its expertise in process valves, pneumatics, and a wide range of pipe fittings, catering to diverse sectors throughout Scotland. It’s a specialist distributor for Festo Pneumatics and stocks products from other major manufacturers, offering everything from push-in fittings to pneumatic tubing.

Financially, Pipemore Scotland Ltd demonstrates a positive trend. Cash reserves increased by 71% to £460,000, while current assets rose by 31% to £1.3 million. Debtors also increased by 18% to £610,000, indicating growth in sales. Equity improved significantly, jumping 47% to £620,000. However, corporation tax payable doubled to £84,000, and other creditors also rose by 47% to £130,000. Future minimum lease payments increased substantially by 140%, reaching £50,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility. The absence of a named auditor suggests it’s exempt from an audit as a small company.

In summary, Pipemore Scotland Ltd appears to be financially healthy, experiencing growth in key areas. The increase in debt and tax obligations should be monitored, but overall, the company’s strong reputation, expanding asset base, and growing sales indicate a solid foundation for continued success. It’s a company that’s been around a while, and it seems to be doing just fine.

Registered in Scotland under the registration number SC114831, with a registered address at KY4 8BA, Crossgates Nr Dunfermline, Fife, Kiloran, 5 Reid Avenue.

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