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ELITE PIPELINE SERVICES LTD Financials

Company number
10903949Copy
Copy
Registered office
Unit 2 A Tair Onen Workshops, St Hillary, Cowbridge CF71 7UA
Incorporated
08/08/2017

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£63.07K2025
-43.14%vs 2024

2024: £110.93K

Total Assets

£92.10K2025
-17.55%vs 2024

2024: £111.70K

Total Liabilities

£29.03K2025
3.68K%vs 2024

2024: £767.00

Employees

32025
0vs 2024

2024: 3

In 2025, ELITE PIPELINE SERVICES LTD reported net assets of £63.07K. The same filing shows total assets of £92.10K and total liabilities of £29.03K. Reported headcount was 3 in 2025. Net Assets fell from £110.93K in 2024 to £63.07K in 2025 (-43.14%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£63.07K2025
-43.14%from £110.93K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures ELITE PIPELINE SERVICES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£105.18K2023£63.07K2025
-40%vs 2023

-22.6% a year compound (CAGR)

Total Assets

£139.33K2023£92.10K2025
-33.9%vs 2023

-18.7% a year compound (CAGR)

Total Liabilities

£34.14K2023£29.03K2025
-15%vs 2023

-7.8% a year compound (CAGR)

Employees

2202332025
+50%vs 2023+1

Biggest increase

Employees+50%

2 in 2023 to 3 in 2025

Biggest decrease

Net Assets-40%

£105.18K in 2023 to £63.07K in 2025

ELITE PIPELINE SERVICES LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ELITE PIPELINE SERVICES LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
68.48%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
31.52%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ELITE PIPELINE SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£34.02K72.45K105.18K110.93K63.07K
Total Assets£80.46K117.77K139.33K111.70K92.10K
Cash in Bank£–––––
Total Liabilities£-3.10K45.32K34.14K767.0029.03K
Employees33233

ELITE PIPELINE SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for ELITE PIPELINE SERVICES LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

ELITE PIPELINE SERVICES LTD reported net assets of £63.07K for 2025. That compares with £110.93K in 2024, a change of -43.14%.

ELITE PIPELINE SERVICES LTD reported total assets of £92.10K for 2025. That compares with £111.70K in 2024, a change of -17.55%.

ELITE PIPELINE SERVICES LTD reported total liabilities of £29.03K for 2025. That compares with £767.00 in 2024, a change of 3.68K%.

ELITE PIPELINE SERVICES LTD reported 3 employees in 2025, compared with 3 in 2024.

Between 2023 and 2025, ELITE PIPELINE SERVICES LTD's net assets fell by 40%, total assets fell by 33.9%, total liabilities fell by 15% and employee numbers rose by 50%. Net assets contracted at 22.6% a year across the two years to 2025, from £105.18K to £63.07K. Reported headcount went from 2 in 2023 to 3 in 2025 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.