PIPEWORK LIMITED Financials
- Company number
- 06920032CopyCopy
- Registered office
- 11 Lansdowne Road, Chadderton, Oldham, Lancashire OL9 9EG
- Incorporated
- 01/06/2009
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-12.61%vs 20242024: £1.29M
Total Assets
19.94%vs 20242024: £3.23M
Cash in Bank
-99.82%vs 20242024: £325.37K
Total Liabilities
41.48%vs 20242024: £1.95M
Employees
+3vs 20242024: 9
In 2025, PIPEWORK LIMITED reported net assets of £1.13M. The same filing shows total assets of £3.88M, cash in bank of £577.00 and total liabilities of £2.75M. Reported headcount was 12 in 2025. Total Liabilities rose from £1.95M in 2024 to £2.75M in 2025 (41.48%). 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
-12.61%from £1.29M 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 PIPEWORK LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-2.5%vs 2023-1.2% a year compound (CAGR)
Cash in Bank
-99.8%vs 2023-96% a year compound (CAGR)
Total Assets
+32.3%vs 2023+15% a year compound (CAGR)
Total Liabilities
+54.9%vs 2023+24.4% a year compound (CAGR)
Employees
+20%vs 2023+2Biggest increase
Total Liabilities+54.9%
£1.78M in 2023 to £2.75M in 2025
Biggest decrease
Cash in Bank-99.8%
£362.24K in 2023 to £577.00 in 2025
PIPEWORK LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 PIPEWORK LIMITED'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
- 29.01%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
- 70.99%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.
- Cash to liabilities
- 0.02%2025
- 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
- 0.01%2025
- 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 PIPEWORK LIMITED 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£ | 267.18K | 330.91K | 1.15M | 1.29M | 1.13M |
| Total Assets£ | 893.58K | 1.21M | 2.93M | 3.23M | 3.88M |
| Cash in Bank£ | 3.70K | 1.01K | 362.24K | 325.37K | 577.00 |
| Total Liabilities£ | 626.40K | 880.18K | 1.78M | 1.95M | 2.75M |
| Employees | 9 | 9 | 10 | 9 | 12 |
PIPEWORK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PIPEWORK LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PIPEWORK LIMITED reported net assets of £1.13M for 2025. That compares with £1.29M in 2024, a change of -12.61%.
PIPEWORK LIMITED reported total assets of £3.88M for 2025. That compares with £3.23M in 2024, a change of 19.94%.
PIPEWORK LIMITED reported cash in bank of £577.00 for 2025. That compares with £325.37K in 2024, a change of -99.82%.
PIPEWORK LIMITED reported 12 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, PIPEWORK LIMITED's net assets fell by 2.5%, cash in bank fell by 99.8%, total assets rose by 32.3% and total liabilities rose by 54.9%. Net assets contracted at 1.2% a year across the two years to 2025, from £1.15M to £1.13M. Reported headcount went from 10 in 2023 to 12 in 2025 (+2).
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.