global pipe components limited

4.5

global pipe components limited Company Information

Share GLOBAL PIPE COMPONENTS LIMITED
Live (In Liquidation)
MatureSmallDeclining

Company Number

SC211358

Registered Address

7 queens gardens, aberdeen, AB15 4YD

Industry

Other business support service activities n.e.c.

 

Telephone

01224698888

Next Accounts Due

307 days late

Group Structure

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Directors

Richard Meldrum23 Years

Shareholders

richard george meldrum 100%

global pipe components limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of GLOBAL PIPE COMPONENTS LIMITED at £1.2m based on a Turnover of £2.2m and 0.57x industry multiple (adjusted for size and gross margin).

global pipe components limited Estimated Valuation

£223.2k

Pomanda estimates the enterprise value of GLOBAL PIPE COMPONENTS LIMITED at £223.2k based on an EBITDA of £50.1k and a 4.46x industry multiple (adjusted for size and gross margin).

global pipe components limited Estimated Valuation

£9.6m

Pomanda estimates the enterprise value of GLOBAL PIPE COMPONENTS LIMITED at £9.6m based on Net Assets of £4.3m and 2.27x industry multiple (adjusted for liquidity).

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Global Pipe Components Limited Overview

Global Pipe Components Limited is a live company located in aberdeen, AB15 4YD with a Companies House number of SC211358. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2000, it's largest shareholder is richard george meldrum with a 100% stake. Global Pipe Components Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.

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Global Pipe Components Limited Health Check

Pomanda's financial health check has awarded Global Pipe Components Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £2.2m, make it in line with the average company (£2.5m)

£2.2m - Global Pipe Components Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (1.1%)

-43% - Global Pipe Components Limited

1.1% - Industry AVG

production

Production

with a gross margin of 36.9%, this company has a comparable cost of product (36.9%)

36.9% - Global Pipe Components Limited

36.9% - Industry AVG

profitability

Profitability

an operating margin of 2.1% make it less profitable than the average company (5.5%)

2.1% - Global Pipe Components Limited

5.5% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (21)

6 - Global Pipe Components Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)

£42.9k - Global Pipe Components Limited

£42.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £358.6k, this is more efficient (£124.9k)

£358.6k - Global Pipe Components Limited

£124.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 92 days, this is later than average (43 days)

92 days - Global Pipe Components Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (36 days)

30 days - Global Pipe Components Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 13 days, this is less than average (34 days)

13 days - Global Pipe Components Limited

34 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 762 weeks, this is more cash available to meet short term requirements (28 weeks)

762 weeks - Global Pipe Components Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3%, this is a lower level of debt than the average (64.1%)

3% - Global Pipe Components Limited

64.1% - Industry AVG

global pipe components limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Global Pipe Components Limited Competitor Analysis

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Perform a competitor analysis for global pipe components limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

global pipe components limited Ownership

GLOBAL PIPE COMPONENTS LIMITED group structure

Global Pipe Components Limited has no subsidiary companies.

Ultimate parent company

GLOBAL PIPE COMPONENTS LIMITED

SC211358

GLOBAL PIPE COMPONENTS LIMITED Shareholders

richard george meldrum 100%

global pipe components limited directors

Global Pipe Components Limited currently has 1 director, Mr Richard Meldrum serving since Oct 2000.

officercountryagestartendrole
Mr Richard MeldrumUnited Kingdom61 years Oct 2000- Director

GLOBAL PIPE COMPONENTS LIMITED financials

EXPORTms excel logo

Global Pipe Components Limited's latest turnover from October 2021 is estimated at £2.2 million and the company has net assets of £4.3 million. According to their latest financial statements, Global Pipe Components Limited has 6 employees and maintains cash reserves of £2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover2,151,6783,109,6343,516,63511,782,1489,228,7475,307,8607,725,40111,457,5158,250,70010,370,6063,631,1947,171,8730
Other Income Or Grants0000000000000
Cost Of Sales1,357,4001,940,0032,199,1397,373,6275,667,4203,277,6644,890,8227,331,3635,301,1276,482,4842,219,6284,277,0950
Gross Profit794,2781,169,6301,317,4964,408,5213,561,3272,030,1962,834,5794,126,1512,949,5743,888,1231,411,5672,894,7780
Admin Expenses750,1331,235,015948,0414,288,9193,486,8881,441,2642,083,8303,676,3002,769,8243,395,5221,243,4242,374,685-1,830,643
Operating Profit44,145-65,385369,455119,60274,439588,932750,749449,851179,750492,601168,143520,0931,830,643
Interest Payable0000000000000
Interest Receivable2,0262,15112,4697,1593,3554,1116,1154,6772,4291,0541,0351,8611,500
Pre-Tax Profit46,172-63,234381,925126,76277,794593,043756,864454,528182,179493,655169,178521,9541,832,143
Tax-8,7730-72,566-24,085-14,781-118,608-151,373-95,451-41,901-118,477-43,986-146,147-513,000
Profit After Tax37,399-63,234309,359102,67763,013474,434605,491359,077140,278375,178125,192375,8071,319,143
Dividends Paid0000000000000
Retained Profit37,399-63,234309,359102,67763,013474,434605,491359,077140,278375,178125,192375,8071,319,143
Employee Costs257,267418,356454,777431,635419,0481,567,5632,132,9633,169,0452,300,2522,892,6981,012,1152,043,3740
Number Of Employees610111111415684627928580
EBITDA*50,078-60,597386,260136,19591,981606,762764,341484,367247,468518,845202,601548,8481,852,551

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets1,696,1061,702,0391,695,1541,705,6531,722,2461,739,7881,731,3591,740,5281,827,9201,726,0721,750,4391,756,5061,753,121
Intangible Assets0000000000000
Investments & Other0000000000000
Debtors (Due After 1 year)0000000000000
Total Fixed Assets1,696,1061,702,0391,695,1541,705,6531,722,2461,739,7881,731,3591,740,5281,827,9201,726,0721,750,4391,756,5061,753,121
Stock & work in progress50,97951,78853,23046,645000000101,55000
Trade Debtors544,775627,509744,7052,710,6492,189,436797,9141,059,6921,434,422937,1491,472,848435,7701,005,897633,614
Group Debtors0000000000000
Misc Debtors137,62167,1140160,66971,82669,6730000000
Cash1,957,7832,094,7252,206,6221,118,568790,6301,893,5511,394,8461,051,250819,427152,184269,508144,568599,971
misc current assets0000000000000
total current assets2,691,1582,841,1363,053,0834,036,5313,051,8922,761,1382,454,5382,485,6721,756,5761,625,032806,8281,150,4651,233,585
total assets4,387,2644,543,1754,748,2375,742,1844,774,1384,500,9264,185,8974,226,2003,584,4963,351,1042,557,2672,906,9712,986,706
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 111,796317,062414,3161,707,338860,354473,826850,3291,494,5381,218,8981,120,786697,726969,7881,267,100
Group/Directors Accounts0000000000000
other short term finances0000000000000
hp & lease commitments0000000000000
other current liabilities21,6549,254063,66142,289215,0950000000
total current liabilities133,450326,316467,6181,770,999902,643688,921850,3291,494,5381,218,8981,120,786697,726969,7881,267,100
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income0000000000000
other liabilities00000000000200,000360,000
provisions044408953,8827,4055,4026,98704,9989,39912,23310,463
total long term liabilities04449708953,8827,4055,4026,98704,9989,399212,233370,463
total liabilities133,450326,760468,5881,771,894906,525696,326855,7311,501,5251,218,8981,125,784707,1251,182,0211,637,563
net assets4,253,8144,216,4154,279,6493,970,2903,867,6133,804,6003,330,1662,724,6752,365,5982,225,3201,850,1421,724,9501,349,143
total shareholders funds4,253,8144,216,4154,279,6493,970,2903,867,6133,804,6003,330,1662,724,6752,365,5982,225,3201,850,1421,724,9501,349,143
Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit44,145-65,385369,455119,60274,439588,932750,749449,851179,750492,601168,143520,0931,830,643
Depreciation5,9334,78816,80516,59317,54217,83013,59234,51667,71826,24434,45828,75521,908
Amortisation0000000000000
Tax-8,7730-72,566-24,085-14,781-118,608-151,373-95,451-41,901-118,477-43,986-146,147-513,000
Stock-809-1,4426,58546,64500000-101,550101,55000
Debtors-12,227-50,082-2,126,613610,0561,393,675-192,105-374,730497,273-535,6991,037,078-570,127372,283633,614
Creditors-205,266-97,254-1,293,022846,984386,528-376,503-644,209275,64098,112423,060-272,062-297,3121,267,100
Accruals and Deferred Income12,4009,254-63,66121,372-172,806215,0950000000
Deferred Taxes & Provisions-444444-895-2,987-3,5232,003-1,5856,987-4,998-4,401-2,8341,77010,463
Cash flow from operations-138,969-96,6291,076,144320,778-1,106,276520,854341,904174,270834,380-116,501352,296-265,1241,983,500
Investing Activities
capital expenditure0-11,673-6,30600-26,259-4,42352,876-169,566-1,877-28,391-32,140-1,775,029
Change in Investments0000000000000
cash flow from investments0-11,673-6,30600-26,259-4,42352,876-169,566-1,877-28,391-32,140-1,775,029
Financing Activities
Bank loans0000000000000
Group/Directors Accounts0000000000000
Other Short Term Loans 0000000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000-200,000-160,000360,000
share issue00000000000030,000
interest2,0262,15112,4697,1593,3554,1116,1154,6772,4291,0541,0351,8611,500
cash flow from financing2,0262,15112,4697,1593,3554,1116,1154,6772,4291,054-198,965-158,139391,500
cash and cash equivalents
cash-136,942-111,8971,088,054327,938-1,102,921498,705343,596231,823667,243-117,324124,940-455,403599,971
overdraft0000000000000
change in cash-136,942-111,8971,088,054327,938-1,102,921498,705343,596231,823667,243-117,324124,940-455,403599,971

P&L

October 2021

turnover

2.2m

-31%

operating profit

44.1k

0%

gross margin

37%

-1.86%

turnover

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

Balance Sheet

October 2021

net assets

4.3m

+0.01%

total assets

4.4m

-0.03%

cash

2m

-0.07%

net assets

Total assets minus all liabilities

global pipe components limited company details

company number

SC211358

Type

Private limited with Share Capital

industry

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

incorporation date

September 2000

age

24

accounts

Total Exemption Full

ultimate parent company

None

previous names

l & n (global) limited (March 2003)

mra supplies limited (October 2000)

incorporated

UK

address

7 queens gardens, aberdeen, AB15 4YD

last accounts submitted

October 2021

global pipe components 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 2 charges/mortgages relating to global pipe components limited. Currently there are 0 open charges and 2 have been satisfied in the past.

charges

global pipe components limited Companies House Filings - See Documents

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