THREAD & PIPE SERVICES LIMITED Financials
- Company number
- 01225990CopyCopy
- Registered office
- Unit 26, Elliott Road, West Howe Industrial Estate, Bournemouth, Dorset BH11 8JZ
- Incorporated
- 11/09/1975
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-5.12%vs 20242024: £172.39K
Total Assets
4.40%vs 20242024: £278.11K
Cash in Bank
-16.52%vs 20242024: £141.64K
Total Liabilities
38.52%vs 20242024: £74.65K
Employees
0vs 20242024: 3
In 2025, THREAD & PIPE SERVICES LIMITED reported net assets of £163.56K. The same filing shows total assets of £290.34K, cash in bank of £118.25K and total liabilities of £103.41K. Reported headcount was 3 in 2025. Total Liabilities rose from £74.65K in 2024 to £103.41K in 2025 (38.52%). 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
-5.12%from £172.39K 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 THREAD & PIPE SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-29.3%vs 2023-15.9% a year compound (CAGR)
Cash in Bank
-34.6%vs 2023-19.1% a year compound (CAGR)
Total Assets
-25.5%vs 2023-13.7% a year compound (CAGR)
Total Liabilities
-12.5%vs 2023-6.5% a year compound (CAGR)
Employees
0%vs 2023Biggest decrease
Cash in Bank-34.6%
£180.81K in 2023 to £118.25K in 2025
Every measure that changed in THREAD & PIPE SERVICES LIMITED's filings between 2023 and 2025 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THREAD & PIPE SERVICES 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
- 56.33%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
- 35.62%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
- 114.35%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
- 40.73%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 THREAD & PIPE SERVICES 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£ | 142.10K | 202.48K | 231.30K | 172.39K | 163.56K |
| Total Assets£ | 208.28K | 291.17K | 389.54K | 278.11K | 290.34K |
| Cash in Bank£ | 118.54K | 108.56K | 180.81K | 141.64K | 118.25K |
| Total Liabilities£ | 59.90K | 83.18K | 118.18K | 74.65K | 103.41K |
| Employees | 3 | 3 | 3 | 3 | 3 |
THREAD & PIPE SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THREAD & PIPE SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
THREAD & PIPE SERVICES LIMITED reported net assets of £163.56K for 2025. That compares with £172.39K in 2024, a change of -5.12%.
THREAD & PIPE SERVICES LIMITED reported total assets of £290.34K for 2025. That compares with £278.11K in 2024, a change of 4.40%.
THREAD & PIPE SERVICES LIMITED reported cash in bank of £118.25K for 2025. That compares with £141.64K in 2024, a change of -16.52%.
THREAD & PIPE SERVICES LIMITED reported 3 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, THREAD & PIPE SERVICES LIMITED's net assets fell by 29.3%, cash in bank fell by 34.6%, total assets fell by 25.5% and total liabilities fell by 12.5%. Net assets contracted at 15.9% a year across the two years to 2025, from £231.30K to £163.56K. Reported headcount went from 3 in 2023 to 3 in 2025.
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.