Pvc Pipe World Ltd

Pvc Pipe World Ltd, based in Teignmouth, UK, is a small, family-run business with an active status, established nineteen years ago in 2005. Employing just one person, the company holds £42,636 in assets and operates from a real address. With two directors and two owners, it’s a tight-knit operation, boasting a 2.0 Google rating from twelve reviews. The business regularly imports machinery, boilers, and mechanical appliances parts, with eight months of import activity recorded, the last in 2020.

The company’s website is minimal, suggesting a focus on business-to-business sales rather than direct consumer interaction. It appears to specialize in the repair of other equipment, a niche service likely targeted at local businesses and industrial clients. There's no obvious e-commerce presence, indicating a reliance on direct sales and service contracts.

Financially, Pvc Pipe World Ltd presents a mixed picture. Current assets have decreased by 26%, dropping to £43,000, while net assets have plummeted 100%, leaving only £120. Bank borrowings have increased significantly by 420%, reaching £27,000, and cash reserves are a meagre £24. Creditors have also risen by 54%, reaching £43,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the sharp decline in equity is concerning. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company's reliance on bank borrowings and the drop in cash reserves suggest it's burning through money faster than it’s earning it. The increase in creditors indicates a need to manage supplier relationships carefully. While the family ownership and local presence offer stability, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 05601744, with a registered address at TQ14 9DF, England, Teignmouth, Devon, F15, First Floor Bitton House, Bitton Park Road.

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