Pipes & Fittings Uk Ltd

Pipes & Fittings Uk Ltd, based in Dartford, UK, is a small, active family business founded eleven years ago. With six employees and £272,281 in assets, the company operates from a real address and is led by one director and two owners. It’s a modest operation, meeting two of three criteria to be classified as small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). The company regularly exports iron or steel products (fifteen months of export activity, latest in July 2023), but imports are irregular (two months of import activity, latest in April 2024).

The company’s website showcases a wide range of pipes, fittings, and related products, catering to industrial and commercial clients. It specializes in wholesale of metals and metal ores, offering everything from seamless pipes to forged fittings, valves, and fasteners. The website highlights its ability to provide custom-made pieces according to customer drawings, and it serves clients in various sectors, including chemical plants, power plants, and shipbuilders. It also boasts a perfect 5.0 Google rating from eight reviews.

Financially, Pipes & Fittings Uk Ltd shows a mixed picture. Current assets have decreased by 48% to £270,000, while net assets have fallen 31% to £400,000. Cash reserves have also taken a hit, dropping 65% to £180,000. Trade debtors have surged by a whopping 6900%, reaching £89,000, suggesting a possible shift in payment terms or increased credit sales. On the positive side, creditors have decreased by 53%, indicating improved debt management. The company is exempt from an audit as a small company, so the figures are unaudited.

The sharp increase in trade debtors is a bit concerning, but the decrease in creditors suggests that the company is managing its short-term liabilities effectively. The family business structure may provide stability, but the fluctuating import activity and the decline in cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 08904639, with a registered address at DA2 6HH, England, Dartford, 599-613 Princes Road.

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