Midland Pipeline Supplies Limited

POWER SEARCH PRICING

SOLUTIONS

midland pipeline supplies limited Company Information

Live

MatureMicroRapid

Company Number

02813095

Next Accounts

Apr 2026

Industry

Other business support service activities n.e.c.

Directors

Michael Sanders

Shareholders

jean sanders

michael philip sanders

Group Structure

View All

Contact

Registered Address

venturepoint, wheelhouse road, rugeley, staffordshire, WS15 1UZ

Website

midland pipeline supplies limited Estimated Valuation

£121.5k

Pomanda estimates the enterprise value of MIDLAND PIPELINE SUPPLIES LIMITED at £121.5k based on a Turnover of £312.4k and 0.39x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Midland Pipeline Supplies Limited is a live company located in rugeley, WS15 1UZ with a Companies House number of 02813095. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 1993, it's largest shareholder is jean sanders with a 50% stake. Midland Pipeline Supplies Limited is a mature, micro sized company, Pomanda has estimated its turnover at £312.4k with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Midland Pipeline Supplies Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

3 Strong

1 Regular

6 Weak

Size

annual sales of £312.4k, make it smaller than the average company (£4.5m)

Growth

3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (9.4%)

EXPORT

Midland Pipeline Supplies Limited's latest turnover from July 2024 is estimated at £312.4 thousand and the company has net assets of £19.3 thousand. According to their latest financial statements, Midland Pipeline Supplies Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Turnover	312,444	166,225	104,521	116,682	140,183	214,393	150,939	155,547	104,914	149,187	166,638	1,164,715	96,429	1,036,050	159,812	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	260,708	137,438	87,167	98,876	116,488	178,377	125,424	128,551	86,199	123,934	139,256	968,014	79,419	845,588	128,107	0
Gross Profit	51,737	28,787	17,354	17,806	23,695	36,017	25,515	26,995	18,715	25,252	27,382	196,700	17,010	190,462	31,705	0
Admin Expenses	47,641	8,312	16,891	19,389	25,772	31,066	26,265	25,883	19,326	-13,541	44,997	200,109	50,586	123,401	58,399	-348
Operating Profit	4,096	20,475	463	-1,583	-2,077	4,951	-750	1,112	-611	38,793	-17,615	-3,409	-33,576	67,061	-26,694	348
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	23	202	229	173	123	131	166	74	17
Pre-Tax Profit	4,096	20,475	463	-1,583	-2,077	4,951	-750	1,135	-409	39,023	-17,442	-3,286	-33,445	67,227	-26,620	365
Tax	-1,024	-5,119	-88	0	0	-941	0	-216	0	-7,804	0	0	0	-17,479	0	-102
Profit After Tax	3,072	15,356	375	-1,583	-2,077	4,010	-750	919	-409	31,218	-17,442	-3,286	-33,445	49,748	-26,620	263
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	3,072	15,356	375	-1,583	-2,077	4,010	-750	919	-409	31,218	-17,442	-3,286	-33,445	49,748	-26,620	263
Employee Costs	52,430	48,416	45,770	42,871	41,812	41,866	39,393	37,995	38,045	37,509	37,618	147,521	36,815	143,567	35,305	0
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1	4	1	4	1	0
EBITDA*	4,096	20,475	463	-1,583	-2,077	4,951	-750	1,112	8	39,130	-17,187	-2,852	-33,292	67,322	-26,386	711

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Tangible Assets	630	774	991	1,173	1,391	1,650	1,972	2,361	2,833	1,402	1,739	2,167	2,724	1,463	1,724	2,032
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	630	774	991	1,173	1,391	1,650	1,972	2,361	2,833	1,402	1,739	2,167	2,724	1,463	1,724	2,032
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	104,699	57,593	32,881	30,269	35,603	57,110	50,452	51,917	19,680	16,848	20,576	260,723	17,188	255,980	28,047	58,809
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	87	0	0	0	0	0	0	0	0	0	0	0	5,000	0	0
Cash	0	0	0	0	0	0	0	0	18,372	62,345	29,262	39,936	9,179	43,313	22,991	6,717
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	104,699	57,680	32,881	30,269	35,603	57,110	50,452	51,917	38,052	79,193	49,838	300,659	26,367	304,293	51,038	65,526
total assets	105,329	58,454	33,872	31,442	36,994	58,760	52,424	54,278	40,885	80,595	51,577	302,826	29,091	305,756	52,762	67,558
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	85,980	42,177	32,951	30,896	34,865	54,554	52,228	53,332	40,758	80,059	82,259	316,066	39,045	282,265	79,019	67,195
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	85,980	42,177	32,951	30,896	34,865	54,554	52,228	53,332	40,758	80,059	82,259	316,066	39,045	282,265	79,019	67,195
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	85,980	42,177	32,951	30,896	34,865	54,554	52,228	53,332	40,758	80,059	82,259	316,066	39,045	282,265	79,019	67,195
net assets	19,349	16,277	921	546	2,129	4,206	196	946	127	536	-30,682	-13,240	-9,954	23,491	-26,257	363
total shareholders funds	19,349	16,277	921	546	2,129	4,206	196	946	127	536	-30,682	-13,240	-9,954	23,491	-26,257	363

	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017	Jul 2016	Jul 2015	Jul 2014	Jul 2013	Jul 2012	Jul 2011	Jul 2010	Jul 2009
Operating Activities
Operating Profit	4,096	20,475	463	-1,583	-2,077	4,951	-750	1,112	-611	38,793	-17,615	-3,409	-33,576	67,061	-26,694	348
Depreciation	0	0	0	0	0	0	0	0	619	337	428	557	284	261	308	363
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-1,024	-5,119	-88	0	0	-941	0	-216	0	-7,804	0	0	0	-17,479	0	-102
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	47,019	24,799	2,612	-5,334	-21,507	6,658	-1,465	32,237	2,832	-3,728	-240,147	243,535	-243,792	232,933	-30,762	58,809
Creditors	43,803	9,226	2,055	-3,969	-19,689	2,326	-1,104	12,574	-39,301	-2,200	-233,807	277,021	-243,220	203,246	11,824	67,195
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-144	-217	-182	-218	-259	-322	-389	-18,767	-42,125	32,854	-10,847	30,634	-32,720	20,156	16,200	8,995
Investing Activities
capital expenditure	144	217	182	218	259	322	389	472	-2,050	0	0	0	-1,545	0	0	-2,395
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	144	217	182	218	259	322	389	472	-2,050	0	0	0	-1,545	0	0	-2,395
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	-100	0	0	0	0	0	0	0	100
interest	0	0	0	0	0	0	0	23	202	229	173	123	131	166	74	17
cash flow from financing	0	0	0	0	0	0	0	-77	202	229	173	123	131	166	74	117
cash and cash equivalents
cash	0	0	0	0	0	0	0	-18,372	-43,973	33,083	-10,674	30,757	-34,134	20,322	16,274	6,717
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-18,372	-43,973	33,083	-10,674	30,757	-34,134	20,322	16,274	6,717

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for midland pipeline supplies limited. Get real-time insights into midland pipeline supplies limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for midland pipeline supplies limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WS15 area or any other competitors across 12 key performance metrics.

MIDLAND PIPELINE SUPPLIES LIMITED group structure

Midland Pipeline Supplies Limited has no subsidiary companies.

Ultimate parent company

MIDLAND PIPELINE SUPPLIES LIMITED

02813095

MIDLAND PIPELINE SUPPLIES LIMITED Shareholders

jean sanders	50%
michael philip sanders	50%

Midland Pipeline Supplies Limited currently has 1 director, Mr Michael Sanders serving since Apr 1993.

officer	country	age	start	end	role
Mr Michael Sanders	United Kingdom	71 years	Apr 1993	-	Director

P&L

July 2024

turnover

312.4k

+88%

operating profit

4.1k

gross margin

16.6%

-4.39%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2024

net assets

19.3k

+0.19%

total assets

105.3k

+0.8%

cash

net assets

Total assets minus all liabilities

Similar Companies

operational transformations limited

3.5

scafco nationwide limited

dep health & safety limited

utility resource services limited

a m convenience (wythall) limited

company number

02813095

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

April 1993

ultimate parent company

None

previous names

midland pipeline services limited (March 1994)

address

venturepoint, wheelhouse road, rugeley, staffordshire, WS15 1UZ

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to midland pipeline supplies limited.

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for MIDLAND PIPELINE SUPPLIES LIMITED. This can take several minutes, an email will notify you when this has completed.

midland pipeline supplies limited Company Information

midland pipeline supplies limited Estimated Valuation

midland pipeline supplies limited Estimated Valuation

midland pipeline supplies limited Estimated Valuation

Midland Pipeline Supplies Limited Overview

Midland Pipeline Supplies Limited Health Check

MIDLAND PIPELINE SUPPLIES LIMITED financials

midland pipeline supplies limited Credit Report and Business Information

Midland Pipeline Supplies Limited Competitor Analysis

midland pipeline supplies limited Ownership

midland pipeline supplies limited directors

midland pipeline supplies limited company details

midland pipeline supplies limited Charges & Mortgages

midland pipeline supplies limited Capital Raised & Share Issues BETA

midland pipeline supplies limited Companies House Filings - See Documents