ipipeline limited
ipipeline limited Company Information
Company Number
03033012
Next Accounts
Sep 2025
Industry
Other software publishing
Shareholders
ipipeline inc
Group Structure
View All
Contact
Registered Address
part second floor, the quadrangle building, cheltenham, gloucestershire, GL50 1PZ
Website
https://www.assureweb.co.ukipipeline limited Estimated Valuation
Pomanda estimates the enterprise value of IPIPELINE LIMITED at £23.1m based on a Turnover of £14.7m and 1.57x industry multiple (adjusted for size and gross margin).
ipipeline limited Estimated Valuation
Pomanda estimates the enterprise value of IPIPELINE LIMITED at £34.8m based on an EBITDA of £5.8m and a 6x industry multiple (adjusted for size and gross margin).
ipipeline limited Estimated Valuation
Pomanda estimates the enterprise value of IPIPELINE LIMITED at £86.2m based on Net Assets of £40.1m and 2.15x industry multiple (adjusted for liquidity).
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Ipipeline Limited Overview
Ipipeline Limited is a live company located in cheltenham, GL50 1PZ with a Companies House number of 03033012. It operates in the other software publishing sector, SIC Code 58290. Founded in March 1995, it's largest shareholder is ipipeline inc with a 100% stake. Ipipeline Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.7m with healthy growth in recent years.
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Ipipeline Limited Health Check
Pomanda's financial health check has awarded Ipipeline Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
1 Weak
Size
annual sales of £14.7m, make it larger than the average company (£5.6m)
£14.7m - Ipipeline Limited
£5.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (7.9%)
9% - Ipipeline Limited
7.9% - Industry AVG
Production
with a gross margin of 68.4%, this company has a comparable cost of product (73%)
68.4% - Ipipeline Limited
73% - Industry AVG
Profitability
an operating margin of 38.1% make it more profitable than the average company (3.5%)
38.1% - Ipipeline Limited
3.5% - Industry AVG
Employees
with 106 employees, this is above the industry average (41)
106 - Ipipeline Limited
41 - Industry AVG
Pay Structure
on an average salary of £67.5k, the company has a lower pay structure (£84.8k)
£67.5k - Ipipeline Limited
£84.8k - Industry AVG
Efficiency
resulting in sales per employee of £138.9k, this is equally as efficient (£158.1k)
£138.9k - Ipipeline Limited
£158.1k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (59 days)
32 days - Ipipeline Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (36 days)
3 days - Ipipeline Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ipipeline Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (13 weeks)
21 weeks - Ipipeline Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (60%)
12.5% - Ipipeline Limited
60% - Industry AVG
IPIPELINE LIMITED financials
Ipipeline Limited's latest turnover from December 2023 is £14.7 million and the company has net assets of £40.1 million. According to their latest financial statements, Ipipeline Limited has 106 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,721,000 | 13,685,000 | 12,769,000 | 11,361,000 | 10,559,000 | 20,295,000 | 7,701,000 | 7,118,000 | 6,648,000 | 6,262,000 | 5,930,000 | 3,623,000 | 5,669,000 | 6,109,000 | 5,946,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,657,000 | 5,324,000 | 4,957,000 | 4,147,000 | 3,513,000 | 7,501,000 | 2,837,000 | 2,678,000 | 2,840,000 | 2,467,000 | 2,546,000 | 1,596,000 | 1,948,000 | 2,403,000 | 2,347,000 |
| Gross Profit | 10,064,000 | 8,361,000 | 7,812,000 | 7,214,000 | 7,046,000 | 12,794,000 | 4,864,000 | 4,440,000 | 3,808,000 | 3,795,000 | 3,384,000 | 2,027,000 | 3,721,000 | 3,706,000 | 3,599,000 |
| Admin Expenses | 4,459,000 | 4,121,000 | 3,496,000 | 3,433,000 | 3,165,000 | 10,110,000 | 3,247,000 | 2,598,000 | 3,235,000 | 3,109,000 | 3,347,000 | 2,005,000 | 3,211,000 | 3,018,000 | 3,464,000 |
| Operating Profit | 5,605,000 | 4,240,000 | 4,316,000 | 3,781,000 | 3,881,000 | 2,684,000 | 1,617,000 | 1,842,000 | 573,000 | 686,000 | 37,000 | 22,000 | 510,000 | 688,000 | 135,000 |
| Interest Payable | 323,000 | 556,000 | 763,000 | 971,000 | 2,787,000 | 3,030,000 | 134,000 | 32,000 | 77,000 | 118,000 | 155,000 | 97,000 | 264,000 | 292,000 | 296,000 |
| Interest Receivable | 1,000 | 3,000 | 1,000 | 3,000 | 19,000 | 3,000 | 2,000 | 3,000 | 4,000 | 5,000 | 4,000 | 3,000 | 7,000 | 6,000 | 6,000 |
| Pre-Tax Profit | 10,919,000 | 3,687,000 | 6,114,000 | 7,468,000 | 6,452,000 | -343,000 | 1,485,000 | 1,813,000 | 500,000 | 573,000 | -114,000 | -72,000 | 253,000 | 402,000 | -155,000 |
| Tax | -1,270,000 | -718,000 | -471,000 | -542,000 | -257,000 | -1,059,000 | -353,000 | 809,000 | 162,000 | -1,000 | 0 | 245,000 | 276,000 | 507,000 | 0 |
| Profit After Tax | 9,649,000 | 2,969,000 | 5,643,000 | 6,926,000 | 6,195,000 | -1,402,000 | 1,132,000 | 2,622,000 | 662,000 | 572,000 | -114,000 | 173,000 | 529,000 | 909,000 | -155,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 9,649,000 | 2,969,000 | 5,643,000 | 6,926,000 | 6,195,000 | -1,402,000 | 1,132,000 | 2,622,000 | 662,000 | 572,000 | -114,000 | 173,000 | 529,000 | 909,000 | -155,000 |
| Employee Costs | 7,151,000 | 6,380,000 | 5,556,000 | 5,045,000 | 4,661,000 | 8,736,000 | 4,095,000 | 3,847,000 | 4,639,000 | 3,978,000 | 4,087,000 | 2,581,000 | 3,964,000 | 4,004,000 | 4,049,000 |
| Number Of Employees | 106 | 97 | 89 | 82 | 76 | 148 | 98 | 64 | 75 | 73 | 86 | 82 | 83 | 84 | 89 |
| EBITDA* | 5,796,000 | 4,437,000 | 4,510,000 | 3,958,000 | 4,063,000 | 8,663,000 | 1,998,000 | 2,028,000 | 823,000 | 910,000 | 227,000 | 80,000 | 610,000 | 801,000 | 313,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 201,000 | 298,000 | 349,000 | 246,000 | 272,000 | 681,000 | 623,000 | 252,000 | 222,000 | 395,000 | 338,000 | 190,000 | 142,000 | 104,000 | 132,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 31,235,000 | 36,944,000 | 57,000 | 12,000 | 62,000 | 112,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 41,705,000 | 41,705,000 | 41,705,000 | 41,705,000 | 41,705,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 492,000 | 519,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 41,906,000 | 42,003,000 | 42,054,000 | 41,951,000 | 41,977,000 | 31,916,000 | 38,059,000 | 828,000 | 234,000 | 457,000 | 450,000 | 190,000 | 142,000 | 104,000 | 132,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,326,000 | 1,842,000 | 2,515,000 | 609,000 | 1,716,000 | 1,851,000 | 1,900,000 | 131,000 | 750,000 | 452,000 | 490,000 | 1,113,000 | 245,000 | 258,000 | 168,000 |
| Group Debtors | 74,000 | 248,000 | 129,000 | 51,000 | 21,000 | 414,000 | 0 | 0 | 0 | 0 | 52,000 | 0 | 0 | 0 | 0 |
| Misc Debtors | 553,000 | 809,000 | 785,000 | 521,000 | 642,000 | 1,533,000 | 2,649,000 | 851,000 | 390,000 | 284,000 | 249,000 | 250,000 | 421,000 | 423,000 | 333,000 |
| Cash | 1,927,000 | 4,178,000 | 3,881,000 | 4,523,000 | 2,029,000 | 6,674,000 | 6,226,000 | 3,083,000 | 1,464,000 | 1,826,000 | 1,508,000 | 2,152,000 | 2,349,000 | 4,353,000 | 2,052,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,880,000 | 7,077,000 | 7,310,000 | 5,704,000 | 4,408,000 | 10,472,000 | 10,775,000 | 4,065,000 | 2,604,000 | 2,562,000 | 2,299,000 | 3,515,000 | 3,015,000 | 5,034,000 | 2,553,000 |
| total assets | 45,786,000 | 49,080,000 | 49,364,000 | 47,655,000 | 46,385,000 | 42,388,000 | 48,834,000 | 4,893,000 | 2,838,000 | 3,019,000 | 2,749,000 | 3,705,000 | 3,157,000 | 5,138,000 | 2,685,000 |
| Bank overdraft | 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 |
| Trade Creditors | 46,000 | 416,000 | 612,000 | 240,000 | 248,000 | 395,000 | 256,000 | 218,000 | 161,000 | 75,000 | 62,000 | 171,000 | 229,000 | 192,000 | 297,000 |
| Group/Directors Accounts | 323,000 | 615,000 | 18,000 | 0 | 440,000 | 0 | 3,005,000 | 415,000 | 677,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 573,000 | 1,412,000 | 0 | 522,000 | 545,000 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,352,000 | 3,908,000 | 4,501,000 | 3,441,000 | 3,156,000 | 5,241,000 | 6,818,000 | 1,841,000 | 2,185,000 | 1,807,000 | 1,269,000 | 1,407,000 | 1,085,000 | 3,082,000 | 1,367,000 |
| total current liabilities | 4,721,000 | 4,939,000 | 5,704,000 | 5,093,000 | 3,844,000 | 6,158,000 | 10,624,000 | 2,474,000 | 3,023,000 | 1,882,000 | 1,331,000 | 1,578,000 | 1,314,000 | 3,524,000 | 1,664,000 |
| loans | 950,000 | 13,687,000 | 16,187,000 | 20,645,000 | 27,597,000 | 34,050,000 | 34,652,000 | 0 | 0 | 1,984,000 | 2,837,000 | 3,321,000 | 3,321,000 | 3,392,000 | 3,642,000 |
| hp & lease commitments | 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 | 111,000 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 32,000 | 20,000 | 8,000 | 95,000 | 48,000 | 48,000 | 24,000 | 17,000 | 35,000 | 35,000 | 35,000 | 35,000 | 35,000 | 264,000 | 330,000 |
| total long term liabilities | 982,000 | 13,707,000 | 16,195,000 | 20,740,000 | 27,645,000 | 34,098,000 | 34,676,000 | 17,000 | 35,000 | 2,019,000 | 2,872,000 | 3,467,000 | 3,356,000 | 3,656,000 | 3,972,000 |
| total liabilities | 5,703,000 | 18,646,000 | 21,899,000 | 25,833,000 | 31,489,000 | 40,256,000 | 45,300,000 | 2,491,000 | 3,058,000 | 3,901,000 | 4,203,000 | 5,045,000 | 4,670,000 | 7,180,000 | 5,636,000 |
| net assets | 40,083,000 | 30,434,000 | 27,465,000 | 21,822,000 | 14,896,000 | 2,132,000 | 3,534,000 | 2,402,000 | -220,000 | -882,000 | -1,454,000 | -1,340,000 | -1,513,000 | -2,042,000 | -2,951,000 |
| total shareholders funds | 40,083,000 | 30,434,000 | 27,465,000 | 21,822,000 | 14,896,000 | 2,132,000 | 3,534,000 | 2,402,000 | -220,000 | -882,000 | -1,454,000 | -1,340,000 | -1,513,000 | -2,042,000 | -2,951,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,605,000 | 4,240,000 | 4,316,000 | 3,781,000 | 3,881,000 | 2,684,000 | 1,617,000 | 1,842,000 | 573,000 | 686,000 | 37,000 | 22,000 | 510,000 | 688,000 | 135,000 |
| Depreciation | 191,000 | 197,000 | 194,000 | 177,000 | 182,000 | 270,000 | 169,000 | 186,000 | 250,000 | 224,000 | 190,000 | 58,000 | 100,000 | 113,000 | 178,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 5,709,000 | 212,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,270,000 | -718,000 | -471,000 | -542,000 | -257,000 | -1,059,000 | -353,000 | 809,000 | 162,000 | -1,000 | 0 | 245,000 | 276,000 | 507,000 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -946,000 | -530,000 | 2,248,000 | -1,198,000 | -1,419,000 | -1,243,000 | 3,540,000 | 361,000 | 404,000 | -55,000 | -572,000 | 682,000 | -15,000 | 180,000 | 501,000 |
| Creditors | -370,000 | -196,000 | 372,000 | -8,000 | -147,000 | 139,000 | 38,000 | 57,000 | 86,000 | 13,000 | -109,000 | -21,000 | 37,000 | -105,000 | 297,000 |
| Accruals and Deferred Income | 444,000 | -593,000 | 1,060,000 | 285,000 | -2,085,000 | -1,577,000 | 4,977,000 | -344,000 | 378,000 | 538,000 | -249,000 | -1,564,000 | -1,997,000 | 1,715,000 | 1,367,000 |
| Deferred Taxes & Provisions | 12,000 | 12,000 | -87,000 | 47,000 | 0 | 24,000 | 7,000 | -18,000 | 0 | 0 | 0 | -229,000 | -229,000 | -66,000 | 330,000 |
| Cash flow from operations | 5,558,000 | 3,472,000 | 3,136,000 | 4,938,000 | 2,993,000 | 7,433,000 | 3,127,000 | 2,171,000 | 1,045,000 | 1,515,000 | 441,000 | -2,171,000 | -1,288,000 | 2,672,000 | 1,806,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -328,000 | -38,879,000 | -291,000 | -76,000 | -282,000 | -487,000 | -106,000 | -138,000 | -85,000 | -58,000 | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 41,705,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -328,000 | -38,879,000 | -291,000 | -76,000 | -282,000 | -487,000 | -106,000 | -138,000 | -85,000 | -58,000 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -292,000 | 597,000 | 18,000 | -440,000 | 440,000 | -3,005,000 | 2,590,000 | -262,000 | 677,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -573,000 | -839,000 | 1,412,000 | -522,000 | -23,000 | 545,000 | 0 | 0 | 0 | 0 | -250,000 | -250,000 | 250,000 | 0 |
| Long term loans | -12,737,000 | -2,500,000 | -4,458,000 | -6,952,000 | -6,453,000 | -602,000 | 34,652,000 | 0 | -1,984,000 | -853,000 | -484,000 | -71,000 | -71,000 | -250,000 | 3,642,000 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | |||||||||||||||
| interest | -322,000 | -553,000 | -762,000 | -968,000 | -2,768,000 | -3,027,000 | -132,000 | -29,000 | -73,000 | -113,000 | -151,000 | -94,000 | -257,000 | -286,000 | -290,000 |
| cash flow from financing | -13,351,000 | -3,029,000 | -6,041,000 | -6,948,000 | -2,734,000 | -6,657,000 | 37,655,000 | -291,000 | -1,380,000 | -966,000 | -635,000 | 114,000 | -578,000 | -286,000 | 556,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,251,000 | 297,000 | -642,000 | 2,494,000 | -4,645,000 | 448,000 | 3,143,000 | 1,619,000 | -362,000 | 318,000 | -644,000 | -2,201,000 | -2,004,000 | 2,301,000 | 2,052,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,251,000 | 297,000 | -642,000 | 2,494,000 | -4,645,000 | 448,000 | 3,143,000 | 1,619,000 | -362,000 | 318,000 | -644,000 | -2,201,000 | -2,004,000 | 2,301,000 | 2,052,000 |
ipipeline limited Credit Report and Business Information
Ipipeline Limited Competitor Analysis
Perform a competitor analysis for ipipeline limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in GL50 area or any other competitors across 12 key performance metrics.
ipipeline limited Ownership
IPIPELINE LIMITED group structure
Ipipeline Limited has 2 subsidiary companies.
Ultimate parent company
IPIPELINE HOLDINGS INC
#0099081
IPIPELINE INC
#0077189
2 parents
IPIPELINE LIMITED
03033012
2 subsidiaries
ipipeline limited directors
Ipipeline Limited currently has 5 directors. The longest serving directors include Mr John Stipancich (Dec 2019) and Mr Jason Conley (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Stipancich | United States | 56 years | Dec 2019 | - | Director |
| Mr Jason Conley | United States | 49 years | Dec 2019 | - | Director |
| Mr Jason Conley | United States | 49 years | Dec 2019 | - | Director |
| Mr John Stipancich | United States | 56 years | Dec 2019 | - | Director |
| Mr Brandon Cross | United States | 39 years | Feb 2023 | - | Director |
P&L
December 2023turnover
14.7m
+8%
operating profit
5.6m
+32%
gross margin
68.4%
+11.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
40.1m
+0.32%
total assets
45.8m
-0.07%
cash
1.9m
-0.54%
net assets
Total assets minus all liabilities
ipipeline limited company details
company number
03033012
Type
Private limited with Share Capital
industry
58290 - Other software publishing
incorporation date
March 1995
age
30
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
assureweb limited (April 2013)
assuresoft limited (April 2002)
accountant
-
auditor
HAZLEWOODS LLP
address
part second floor, the quadrangle building, cheltenham, gloucestershire, GL50 1PZ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
ipipeline limited Charges & Mortgages
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 found 3 charges/mortgages relating to ipipeline limited. Currently there are 0 open charges and 3 have been satisfied in the past.
ipipeline limited Capital Raised & Share Issues BETA
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 IPIPELINE LIMITED. This can take several minutes, an email will notify you when this has completed.
ipipeline limited Companies House Filings - See Documents
| date | description | view/download |
|---|
