pipeline plus ltd Company Information
Company Number
08893430
Website
http://pipeline-plus.co.ukRegistered Address
brookside mill north street, whitworth, lancashire, OL12 8RE
Industry
Wholesale of hardware, plumbing and heating equipment and supplies
Telephone
01706854488
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
woodford corpus ltd 100%
pipeline plus ltd Estimated Valuation
The estimated valuation range for pipeline plus ltd, derived from financial data as of April 2023 and the most recent industry multiples, is between £227.4k to £740.3k
pipeline plus ltd Estimated Valuation
The estimated valuation range for pipeline plus ltd, derived from financial data as of April 2023 and the most recent industry multiples, is between £227.4k to £740.3k
pipeline plus ltd Estimated Valuation
The estimated valuation range for pipeline plus ltd, derived from financial data as of April 2023 and the most recent industry multiples, is between £227.4k to £740.3k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Pipeline Plus Ltd Overview
Pipeline Plus Ltd is a live company located in lancashire, OL12 8RE with a Companies House number of 08893430. It operates in the wholesale of hardware, plumbing and heating equipment and supplies sector, SIC Code 46740. Founded in February 2014, it's largest shareholder is woodford corpus ltd with a 100% stake. Pipeline Plus Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.
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Pipeline Plus Ltd Health Check
Pomanda's financial health check has awarded Pipeline Plus Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£18.1m)
- Pipeline Plus Ltd
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.9%)
- Pipeline Plus Ltd
5.9% - Industry AVG
Production
with a gross margin of 23.1%, this company has a comparable cost of product (27.2%)
- Pipeline Plus Ltd
27.2% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (6.3%)
- Pipeline Plus Ltd
6.3% - Industry AVG
Employees
with 7 employees, this is below the industry average (61)
7 - Pipeline Plus Ltd
61 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
- Pipeline Plus Ltd
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £302k, this is equally as efficient (£333.4k)
- Pipeline Plus Ltd
£333.4k - Industry AVG
Debtor Days
it gets paid by customers after 85 days, this is later than average (57 days)
- Pipeline Plus Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 148 days, this is slower than average (47 days)
- Pipeline Plus Ltd
47 days - Industry AVG
Stock Days
it holds stock equivalent to 165 days, this is more than average (94 days)
- Pipeline Plus Ltd
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Pipeline Plus Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.1%, this is a higher level of debt than the average (48.7%)
89.1% - Pipeline Plus Ltd
48.7% - Industry AVG
pipeline plus ltd Credit Report and Business Information
Pipeline Plus Ltd Competitor Analysis
Perform a competitor analysis for pipeline plus ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
pipeline plus ltd Ownership
PIPELINE PLUS LTD group structure
Pipeline Plus Ltd has no subsidiary companies.
pipeline plus ltd directors
Pipeline Plus Ltd currently has 2 directors. The longest serving directors include Mr Brian Whitehead (Feb 2014) and Mr Craig Tattersall (Feb 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Brian Whitehead | 55 years | Feb 2014 | - | Director | |
Mr Craig Tattersall | 61 years | Feb 2014 | - | Director |
PIPELINE PLUS LTD financials
Pipeline Plus Ltd's latest turnover from April 2023 is estimated at £2.1 million and the company has net assets of £148.5 thousand. According to their latest financial statements, Pipeline Plus Ltd has 7 employees and maintains cash reserves of £99.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||
Other Income Or Grants | |||||||||
Cost Of Sales | |||||||||
Gross Profit | |||||||||
Admin Expenses | |||||||||
Operating Profit | |||||||||
Interest Payable | |||||||||
Interest Receivable | |||||||||
Pre-Tax Profit | |||||||||
Tax | |||||||||
Profit After Tax | |||||||||
Dividends Paid | |||||||||
Retained Profit | |||||||||
Employee Costs | |||||||||
Number Of Employees | 7 | 7 | 7 | 7 | 8 | 7 | 5 | ||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 32,323 | 12,373 | 16,655 | 22,728 | 31,414 | 43,935 | 32,998 | 10,366 | 3,876 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 32,323 | 12,373 | 16,655 | 22,728 | 31,414 | 43,935 | 32,998 | 10,366 | 3,876 |
Stock & work in progress | 736,512 | 519,971 | 410,616 | 349,085 | 415,683 | 275,140 | 158,234 | 71,501 | 41,121 |
Trade Debtors | 497,511 | 345,552 | 766,948 | 381,829 | 559,659 | 515,102 | 217,874 | 203,849 | 89,537 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 99,351 | 21,457 | 93,369 | 15,017 | 55,148 | 113,702 | 67,818 | 64,542 | 44,589 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,333,374 | 886,980 | 1,270,933 | 745,931 | 1,030,490 | 903,944 | 443,926 | 339,892 | 175,247 |
total assets | 1,365,697 | 899,353 | 1,287,588 | 768,659 | 1,061,904 | 947,879 | 476,924 | 350,258 | 179,123 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 663,340 | 430,785 | 753,678 | 367,666 | 973,764 | 899,436 | 430,610 | 321,748 | 156,119 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 663,340 | 430,785 | 753,678 | 367,666 | 973,764 | 899,436 | 430,610 | 321,748 | 156,119 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 545,803 | 370,346 | 470,185 | 380,000 | 728 | 16,414 | 15,297 | 0 | 0 |
provisions | 8,081 | 2,351 | 3,166 | 4,319 | 5,969 | 0 | 2,564 | 0 | 0 |
total long term liabilities | 553,884 | 372,697 | 473,351 | 384,319 | 6,697 | 16,414 | 17,861 | 0 | 0 |
total liabilities | 1,217,224 | 803,482 | 1,227,029 | 751,985 | 980,461 | 915,850 | 448,471 | 321,748 | 156,119 |
net assets | 148,473 | 95,871 | 60,559 | 16,674 | 81,443 | 32,029 | 28,453 | 28,510 | 23,004 |
total shareholders funds | 148,473 | 95,871 | 60,559 | 16,674 | 81,443 | 32,029 | 28,453 | 28,510 | 23,004 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 3,050 | 4,282 | 6,073 | 6,073 | 12,521 | 18,287 | 11,962 | 1,860 | 485 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||
Stock | 216,541 | 109,355 | 61,531 | -66,598 | 140,543 | 116,906 | 86,733 | 30,380 | 41,121 |
Debtors | 151,959 | -421,396 | 385,119 | -177,830 | 44,557 | 297,228 | 14,025 | 114,312 | 89,537 |
Creditors | 232,555 | -322,893 | 386,012 | -606,098 | 74,328 | 468,826 | 108,862 | 165,629 | 156,119 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 5,730 | -815 | -1,153 | -1,650 | 5,969 | -2,564 | 2,564 | 0 | 0 |
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 175,457 | -99,839 | 90,185 | 379,272 | -15,686 | 1,117 | 15,297 | 0 | 0 |
share issue | |||||||||
interest | |||||||||
cash flow from financing | |||||||||
cash and cash equivalents | |||||||||
cash | 77,894 | -71,912 | 78,352 | -40,131 | -58,554 | 45,884 | 3,276 | 19,953 | 44,589 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 77,894 | -71,912 | 78,352 | -40,131 | -58,554 | 45,884 | 3,276 | 19,953 | 44,589 |
P&L
April 2023turnover
2.1m
+37%
operating profit
67.6k
0%
gross margin
23.1%
+4.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
148.5k
+0.55%
total assets
1.4m
+0.52%
cash
99.4k
+3.63%
net assets
Total assets minus all liabilities
pipeline plus ltd company details
company number
08893430
Type
Private limited with Share Capital
industry
46740 - Wholesale of hardware, plumbing and heating equipment and supplies
incorporation date
February 2014
age
10
accounts
Unaudited Abridged
ultimate parent company
previous names
woodford pipeline supply ltd (September 2016)
incorporated
UK
address
brookside mill north street, whitworth, lancashire, OL12 8RE
last accounts submitted
April 2023
pipeline plus ltd 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 did not find charges/mortgages relating to pipeline plus ltd.
pipeline plus ltd Companies House Filings - See Documents
date | description | view/download |
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