FT PIPELINE SYSTEMS LTD Financials
- Company number
- 06938002Copy
Copy - Registered office
- Unit 6b Eastern Park, Eastern Avenue, Lichfield, Staffordshire WS13 7SY
- Incorporated
- 18/06/2009
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
39.66%vs 20242024: £2.30M
Total Assets
-24.66%vs 20242024: £5.84M
Cash in Bank
570.43%vs 20242024: £175.35K
Total Liabilities
-67.34%vs 20242024: £3.43M
Employees
-15vs 20242024: 21
In 2025, FT PIPELINE SYSTEMS LTD reported net assets of £3.21M. The same filing shows total assets of £4.40M, cash in bank of £1.18M and total liabilities of £1.12M. Reported headcount was 6 in 2025. Total Liabilities fell from £3.43M in 2024 to £1.12M in 2025 (-67.34%). 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
39.66%from £2.30M 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 FT PIPELINE SYSTEMS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+98.9%vs 2023+41% a year compound (CAGR)
Cash in Bank
+168%vs 2023+63.9% a year compound (CAGR)
Total Assets
-44.8%vs 2023-25.7% a year compound (CAGR)
Total Liabilities
-81.9%vs 2023-57.4% a year compound (CAGR)
Employees
-70%vs 2023-14Biggest increase
Cash in Bank+168%
£437.87K in 2023 to £1.18M in 2025
Biggest decrease
Total Liabilities-81.9%
£6.19M in 2023 to £1.12M in 2025
FT PIPELINE SYSTEMS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FT PIPELINE SYSTEMS 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
- 72.89%2025
- Liabilities to total assets
- 25.48%2025
- Cash to liabilities
- 104.90%2025
- Cash to total assets
- 26.73%2025
- Revenue per employee
- £1.18M2025
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 FT PIPELINE SYSTEMS LTD 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£ | 1.26M | 1.28M | 1.61M | 2.30M | 3.21M |
| Total Assets£ | 2.97M | 3.47M | 7.96M | 5.84M | 4.40M |
| Cash in Bank£ | 211.73K | 102.97K | 437.87K | 175.35K | 1.18M |
| Total Liabilities£ | 1.71M | 2.20M | 6.19M | 3.43M | 1.12M |
| Employees | 17 | 21 | 20 | 21 | 6 |
FT PIPELINE SYSTEMS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has FT PIPELINE SYSTEMS LTD filed financial statements?
Yes. Okredo holds filed figures for FT PIPELINE SYSTEMS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did FT PIPELINE SYSTEMS LTD report in 2025?
FT PIPELINE SYSTEMS LTD reported net assets of £3.21M for 2025. That compares with £2.30M in 2024, a change of 39.66%.
What total assets did FT PIPELINE SYSTEMS LTD report in 2025?
FT PIPELINE SYSTEMS LTD reported total assets of £4.40M for 2025. That compares with £5.84M in 2024, a change of -24.66%.
What cash in bank did FT PIPELINE SYSTEMS LTD report in 2025?
FT PIPELINE SYSTEMS LTD reported cash in bank of £1.18M for 2025. That compares with £175.35K in 2024, a change of 570.43%.
How many people does FT PIPELINE SYSTEMS LTD employ?
FT PIPELINE SYSTEMS LTD reported 6 employees in 2025, compared with 21 in 2024.
How have FT PIPELINE SYSTEMS LTD financials changed over the last 3 years?
Between 2023 and 2025, FT PIPELINE SYSTEMS LTD's net assets rose by 98.9%, cash in bank rose by 168%, total assets fell by 44.8% and total liabilities fell by 81.9%. Net assets compounded at 41% a year across the two years to 2025, from £1.61M to £3.21M. Reported headcount went from 20 in 2023 to 6 in 2025 (-14).
Which years of FT PIPELINE SYSTEMS LTD 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.