P.j. Pipe & Valve Co. Limited

P.J. Pipe & Valve Co. Limited, based in Hertford, UK, is a well-established company with a long history, having been incorporated forty-eight years ago in 1976. Currently active, the company is a holding company with a real address and is managed by five directors and two owners. It employs eleven people and holds assets totaling £13,405,459. The firm boasts a perfect 5.0 Google rating based on one review.

The company’s core business revolves around the manufacture of taps and valves, alongside non-specialized wholesale trade, and the manufacture of tubes, pipes, and related fittings. It operates as a regular importer, with Machinery, boilers, and mechanical appliances; parts being its top import category, with 41 months of import activity. The last import operation was conducted on November 01, 2024. It also exports regularly, with the same category being its top export, totaling 306 months of exports. The last export operation took place on December 01, 2024.

Financially, P.J. Pipe & Valve Co. Limited shows some concerning trends. While cash and cash equivalents increased by 18%, reaching £910,000, net assets increased by 66% to £3.4 million. However, bank borrowings decreased by 26%, dropping to £950,000, and current assets increased by 31%, reaching £13 million. The company’s net loss increased by 190%, reaching £1.4 million. Creditors decreased by 19%, suggesting improved debt management, but the increased net loss is a point of concern. Staff costs increased by 26%, reaching £1.2 million, and the company’s increased reliance on trade debtors, which ballooned by 19%, could indicate issues with customer payments. The company’s size (meeting two of three criteria for a large company) suggests it’s operating at a significant scale. The accounts were audited by Gravita Audit II Limited.

Overall, P.J. Pipe & Valve Co. Limited appears to be a stable, long-standing business, but the increased net loss and reliance on trade debtors warrant close monitoring. The company's continued success will likely depend on maintaining its export activities and managing its costs effectively.

Registered in England/Wales under the registration number 01271151, with a registered address at SG14 1DL, England, Hertford, 4 Post Office Walk.

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