FRIENDS OF THE PIPE FACTORY C.I.C. Financials
- Company number
- SC662451Copy
Copy - Registered office
- 4 Broompark Circus, Glasgow G31 2JF
- Incorporated
- 28/05/2020
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
256.12%vs 20242024: £-5.25K
Total Assets
53.77%vs 20242024: £1.30M
Cash in Bank
304.90%vs 20242024: £7.04K
Total Liabilities
48.42%vs 20242024: £753.82K
Employees
-2vs 20242024: 8
In 2025, FRIENDS OF THE PIPE FACTORY C.I.C. reported net assets of £8.19K. The same filing shows total assets of £2.00M, cash in bank of £28.52K and total liabilities of £1.12M. Reported headcount was 6 in 2025. Total Assets rose from £1.30M in 2024 to £2.00M in 2025 (53.77%). 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
256.12%from £-5.25K in 2024Year-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 FRIENDS OF THE PIPE FACTORY C.I.C. filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Increasedvs 2023Cash in Bank
-55.1%vs 2023-33% a year compound (CAGR)
Total Assets
+191%vs 2023+70.5% a year compound (CAGR)
Total Liabilities
+178%vs 2023+66.6% a year compound (CAGR)
Employees
-14.3%vs 2023-1Biggest increase
Total Assets+191%
£687.12K in 2023 to £2.00M in 2025
Biggest decrease
Cash in Bank-55.1%
£63.58K in 2023 to £28.52K in 2025
FRIENDS OF THE PIPE FACTORY C.I.C.'s filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FRIENDS OF THE PIPE FACTORY C.I.C.'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
- 0.41%2025
- Liabilities to total assets
- 56.04%2025
- Cash to liabilities
- 2.55%2025
- Cash to total assets
- 1.43%2025
- Revenue per employee
- £1.79K2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FRIENDS OF THE PIPE FACTORY C.I.C. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -2.63K | -21.57K | -24.73K | -5.25K | 8.19K |
| Total Assets£ | 506.25K | 601.80K | 687.12K | 1.30M | 2.00M |
| Cash in Bank£ | 5.20K | 28.48K | 63.58K | 7.04K | 28.52K |
| Total Liabilities£ | 261.11K | 341.27K | 403.10K | 753.82K | 1.12M |
| Employees | 7 | 7 | 7 | 8 | 6 |
FRIENDS OF THE PIPE FACTORY C.I.C. financials: frequently asked questions
Answered from this company's own filed figures.
Has FRIENDS OF THE PIPE FACTORY C.I.C. filed financial statements?
Yes. Okredo holds filed figures for FRIENDS OF THE PIPE FACTORY C.I.C. covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did FRIENDS OF THE PIPE FACTORY C.I.C. report in 2025?
FRIENDS OF THE PIPE FACTORY C.I.C. reported net assets of £8.19K for 2025. That compares with £-5.25K in 2024, a change of 256.12%.
What total assets did FRIENDS OF THE PIPE FACTORY C.I.C. report in 2025?
FRIENDS OF THE PIPE FACTORY C.I.C. reported total assets of £2.00M for 2025. That compares with £1.30M in 2024, a change of 53.77%.
What cash in bank did FRIENDS OF THE PIPE FACTORY C.I.C. report in 2025?
FRIENDS OF THE PIPE FACTORY C.I.C. reported cash in bank of £28.52K for 2025. That compares with £7.04K in 2024, a change of 304.90%.
How many people does FRIENDS OF THE PIPE FACTORY C.I.C. employ?
FRIENDS OF THE PIPE FACTORY C.I.C. reported 6 employees in 2025, compared with 8 in 2024.
How have FRIENDS OF THE PIPE FACTORY C.I.C. financials changed over the last 3 years?
Between 2023 and 2025, FRIENDS OF THE PIPE FACTORY C.I.C.'s cash in bank fell by 55.1%, total assets rose by 191%, total liabilities rose by 178% and employee numbers fell by 14.3%. Cash in bank contracted at 33% a year across the two years to 2025, from £63.58K to £28.52K. Reported headcount went from 7 in 2023 to 6 in 2025 (-1).
Which years of FRIENDS OF THE PIPE FACTORY C.I.C. financial data are available?
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.