pipcad projects ltd
pipcad projects ltd Company Information
Company Number
SC384539
Next Accounts
May 2025
Industry
Machining
Directors
Shareholders
michael steven jacobs
Group Structure
View All
Contact
Registered Address
6th floor gordon chambers, 90 mitchell street, glasgow, G1 3NQ
Website
-pipcad projects ltd Estimated Valuation
Pomanda estimates the enterprise value of PIPCAD PROJECTS LTD at £50.1k based on a Turnover of £128.1k and 0.39x industry multiple (adjusted for size and gross margin).
pipcad projects ltd Estimated Valuation
Pomanda estimates the enterprise value of PIPCAD PROJECTS LTD at £65.1k based on an EBITDA of £20.3k and a 3.2x industry multiple (adjusted for size and gross margin).
pipcad projects ltd Estimated Valuation
Pomanda estimates the enterprise value of PIPCAD PROJECTS LTD at £0 based on Net Assets of £-29.7k and 1.73x industry multiple (adjusted for liquidity).
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Pipcad Projects Ltd Overview
Pipcad Projects Ltd is a live company located in glasgow, G1 3NQ with a Companies House number of SC384539. It operates in the machining sector, SIC Code 25620. Founded in August 2010, it's largest shareholder is michael steven jacobs with a 100% stake. Pipcad Projects Ltd is a established, micro sized company, Pomanda has estimated its turnover at £128.1k with healthy growth in recent years.
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Pipcad Projects Ltd Health Check
Pomanda's financial health check has awarded Pipcad Projects Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £128.1k, make it smaller than the average company (£9.5m)
- Pipcad Projects Ltd
£9.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.6%)
- Pipcad Projects Ltd
2.6% - Industry AVG
Production
with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)
- Pipcad Projects Ltd
28.6% - Industry AVG
Profitability
an operating margin of 15.9% make it more profitable than the average company (7.1%)
- Pipcad Projects Ltd
7.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (76)
1 - Pipcad Projects Ltd
76 - Industry AVG
Pay Structure
on an average salary of £42.7k, the company has an equivalent pay structure (£42.7k)
- Pipcad Projects Ltd
£42.7k - Industry AVG
Efficiency
resulting in sales per employee of £128.1k, this is equally as efficient (£128.1k)
- Pipcad Projects Ltd
£128.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Pipcad Projects Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Pipcad Projects Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Pipcad Projects Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (10 weeks)
14 weeks - Pipcad Projects Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 415.4%, this is a higher level of debt than the average (48.5%)
415.4% - Pipcad Projects Ltd
48.5% - Industry AVG
PIPCAD PROJECTS LTD financials
Pipcad Projects Ltd's latest turnover from August 2023 is estimated at £128.1 thousand and the company has net assets of -£29.7 thousand. According to their latest financial statements, Pipcad Projects Ltd has 1 employee and maintains cash reserves of £8.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 2,000 | 0 | 0 | 0 | 233 | 2,340 | 0 | 2,593 | 3,157 | 4,737 | 5,379 | 9,910 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 472 | 138 | 42 | 82 | 409 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8,932 | 1,438 | 942 | 2,001 | 7 | 103 | 1,453 | 23 | 32,943 | 30,735 | 16,962 | 21,870 | 19,208 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,404 | 3,576 | 984 | 2,083 | 416 | 336 | 3,793 | 23 | 35,536 | 33,892 | 21,699 | 27,249 | 29,118 |
| total assets | 9,404 | 3,576 | 984 | 2,083 | 416 | 336 | 3,793 | 23 | 35,536 | 33,892 | 21,699 | 27,249 | 29,118 |
| Bank overdraft | 3,514 | 3,514 | 0 | 0 | 0 | 0 | 0 | 186 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 54,213 | 38,535 | 36,881 | 28,985 | 25,522 |
| Group/Directors Accounts | 0 | 0 | 0 | 744 | 0 | 840 | 83 | 228 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 27,648 | 32,720 | 29,578 | 37,358 | 44,109 | 36,703 | 32,929 | 27,372 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 31,162 | 36,234 | 29,578 | 38,102 | 44,109 | 37,543 | 33,012 | 27,786 | 54,213 | 38,535 | 36,881 | 28,985 | 25,522 |
| loans | 7,902 | 11,351 | 18,000 | 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 |
| Accruals and Deferred Income | 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 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,902 | 11,351 | 18,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 39,064 | 47,585 | 47,578 | 38,102 | 44,109 | 37,543 | 33,012 | 27,786 | 54,213 | 38,535 | 36,881 | 28,985 | 25,522 |
| net assets | -29,660 | -44,009 | -46,594 | -36,019 | -43,693 | -37,207 | -29,219 | -27,763 | -18,677 | -4,643 | -15,182 | -1,736 | 3,596 |
| total shareholders funds | -29,660 | -44,009 | -46,594 | -36,019 | -43,693 | -37,207 | -29,219 | -27,763 | -18,677 | -4,643 | -15,182 | -1,736 | 3,596 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,666 | 2,096 | -40 | -327 | 176 | -2,107 | 2,340 | -2,593 | -564 | -1,580 | -642 | -4,531 | 9,910 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -54,213 | 15,678 | 1,654 | 7,896 | 3,463 | 25,522 |
| Accruals and Deferred Income | -5,072 | 3,142 | -7,780 | -6,751 | 7,406 | 3,774 | 5,557 | 27,372 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -744 | 744 | -840 | 757 | -145 | 228 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -3,449 | -6,649 | 18,000 | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 7,494 | 496 | -1,059 | 1,994 | -96 | -1,350 | 1,430 | -32,920 | 2,208 | 13,773 | -4,908 | 2,662 | 19,208 |
| overdraft | 0 | 3,514 | 0 | 0 | 0 | 0 | -186 | 186 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,494 | -3,018 | -1,059 | 1,994 | -96 | -1,350 | 1,616 | -33,106 | 2,208 | 13,773 | -4,908 | 2,662 | 19,208 |
pipcad projects ltd Credit Report and Business Information
Pipcad Projects Ltd Competitor Analysis
Perform a competitor analysis for pipcad projects ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in G 1 area or any other competitors across 12 key performance metrics.
pipcad projects ltd Ownership
PIPCAD PROJECTS LTD group structure
Pipcad Projects Ltd has no subsidiary companies.
Ultimate parent company
PIPCAD PROJECTS LTD
SC384539
pipcad projects ltd directors
Pipcad Projects Ltd currently has 1 director, Mr Michael Jacobs serving since Aug 2010.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Jacobs | Scotland | 66 years | Aug 2010 | - | Director |
P&L
August 2023turnover
128.1k
+121%
operating profit
20.3k
0%
gross margin
28.7%
+3.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-29.7k
-0.33%
total assets
9.4k
+1.63%
cash
8.9k
+5.21%
net assets
Total assets minus all liabilities
pipcad projects ltd company details
company number
SC384539
Type
Private limited with Share Capital
industry
25620 - Machining
incorporation date
August 2010
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
CORNERSTONE GLASGOW LTD
auditor
-
address
6th floor gordon chambers, 90 mitchell street, glasgow, G1 3NQ
Bank
-
Legal Advisor
-
pipcad projects 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 pipcad projects ltd.
pipcad projects ltd Companies House Filings - See Documents
| date | description | view/download |
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