PIPES AND VALVES LTD Financials
- Company number
- 05602426CopyCopy
- Registered office
- Unit 10 Sutherland Court Moor Park Industrial Centre, Tolpits Lane, Watford, Herts WD18 9SP
- Incorporated
- 25/10/2005
Company snapshot
- Status
- Active
- Employees
- 20 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
18.39%vs 20222022: £157.16K
Total Assets
5.07%vs 20212021: £1.34M
Cash in Bank
First reported yearTotal Liabilities
0.44%vs 20212021: £1.24M
Employees
0vs 20222022: 20
In 2023, PIPES AND VALVES LTD reported net assets of £186.07K. The same filing shows total assets of £1.40M, cash in bank of £12.52K and total liabilities of £1.25M. Reported headcount was 20 in 2023. Total Assets rose from £1.34M in 2021 to £1.40M in 2022 (5.07%). Okredo holds filed figures for 2021–2023; 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
18.39%from £157.16K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures PIPES AND VALVES LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+96.1%vs 2021+40% a year compound (CAGR)
Employees
-4.8%vs 2021-1Biggest increase
Net Assets+96.1%
£94.89K in 2021 to £186.07K in 2023
Biggest decrease
Employees-4.8%
21 in 2021 to 20 in 2023
PIPES AND VALVES LTD's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PIPES AND VALVES 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
- 11.20%2022
- 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
- 88.80%2022
- 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.
- Cash to liabilities
- 1.01%2021
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.94%2021
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PIPES AND VALVES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 94.89K | 157.16K | 186.07K |
| Total Assets£ | 1.34M | 1.40M | – |
| Cash in Bank£ | 12.52K | – | – |
| Total Liabilities£ | 1.24M | 1.25M | – |
| Employees | 21 | 20 | 20 |
PIPES AND VALVES LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PIPES AND VALVES LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PIPES AND VALVES LTD reported net assets of £186.07K for 2023. That compares with £157.16K in 2022, a change of 18.39%.
PIPES AND VALVES LTD reported total assets of £1.40M for 2022. That compares with £1.34M in 2021, a change of 5.07%.
PIPES AND VALVES LTD reported cash in bank of £12.52K for 2021. There is no earlier filing to compare it against.
PIPES AND VALVES LTD reported 20 employees in 2023, compared with 20 in 2022.
Between 2021 and 2023, PIPES AND VALVES LTD's net assets rose by 96.1% and employee numbers fell by 4.8%. Net assets compounded at 40% a year across the two years to 2023, from £94.89K to £186.07K. Reported headcount went from 21 in 2021 to 20 in 2023 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.