AALBERTS INTEGRATED PIPING SYSTEMS LIMITED
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Cash
£950k
+1,879.2% vs 2023
Net assets
£62m
-26.6% vs 2023
Employees
282
-6.6% vs 2023
Profit before tax
-£21m
-787.5% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £117,023,000 | £109,970,000 | -6% | |
| Operating profit | £2,530,000 | £103,000 | -95.9% | |
| Profit before tax | £3,046,000 | -£20,941,000 | -787.5% | |
| Net profit | £2,533,000 | -£17,752,000 | -800.8% | |
| Cash | £48,000 | £950,000 | +1,879.2% | |
| Total assets less current liabilities | £99,335,000 | £69,644,000 | -29.9% | |
| Net assets | £85,166,000 | £62,487,000 | -26.6% | |
| Equity | £85,166,000 | £62,487,000 | -26.6% | |
| Average employees | 302 | 282 | -6.6% | |
| Wages | £12,361,000 | £11,345,000 | -8.2% | |
| Directors' remuneration | £284,000 | £198,000 | -30.3% | |
| Directors' pension contributions | £37,000 | £14,000 | -62.2% | |
| Highest paid director | £175,000 | £174,000 | -0.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.2% | 0.1% | |
| Net margin | 2.2% | -16.1% | |
| Return on capital employed | 2.5% | 0.1% | |
| Gearing (liabilities / total assets) | 49.0% | 50.5% | |
| Current ratio | 2.15x | 2.05x | |
| Interest cover | 3.13x | 0.15x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 4 times since incorporation
- AALBERTS INTEGRATED PIPING SYSTEMS LIMITED 2021-07-01 → present
- PEGLER YORKSHIRE GROUP LIMITED 2009-01-09 → 2021-07-01
- YORKSHIRE FITTINGS LIMITED 2002-10-01 → 2009-01-09
- IMI YORKSHIRE FITTINGS LIMITED 1985-11-28 → 2002-10-01
- LOVELL & HANSON LIMITED 1945-12-05 → 1985-11-28
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company have adequate resources, and support from Aalberts NV., to continue in operational existence for the 12 months from the date of these financial statements. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Significant events
- “As part of a project to simplify the group structure, Aalberts Integrated Piping Systems Limited's ownership was transferred from Aalberts France SARL to Aalberts UK Limited in April 2023.”
- “In August 2024, a formal consultation process to cease manufacture of product at the Doncaster site commenced. This is now concluded and the last production at Doncaster was June 2025. Production has now moved to other Aalberts group companies across Europe, as well as some third-party suppliers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TAYLOR, Anne | Secretary | 2023-07-14 | — | — |
| DILLON, John Michael | Director | 2022-09-01 | Feb 1981 | British |
| VAN DEN BERGHE, Pim | Director | 2025-05-01 | Jan 1976 | Dutch |
| VOERMANS, Roland | Director | 2024-09-25 | Jan 1972 | Dutch |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAY, Richard Anthony | Secretary | — | 1999-04-30 |
| HOUSLEY, Claire Anne | Secretary | 2020-06-30 | 2023-07-14 |
| PARKER, Kevin Michael | Secretary | 1999-05-01 | 2020-06-30 |
| ABLETT, Roger Colin | Director | 2007-02-02 | 2014-12-30 |
| ANDERSON, Stuart | Director | 2011-09-01 | 2014-12-30 |
| BAMFIELD, Alfred | Director | — | 1995-06-30 |
| BEARDALL, Malcolm Derek | Director | 1997-08-01 | 2006-12-21 |
| CRAIG, Scott Kirk | Director | 2014-06-09 | 2017-01-12 |
| CROFT, Philip | Director | 1996-02-01 | 1997-07-31 |
| DOWLING, Martin John | Director | 2002-10-31 | 2010-02-24 |
| FAWCETT, Graham | Director | 2012-07-01 | 2019-03-15 |
| GHOSE, Mary Agnes | Director | — | 1997-07-31 |
| HOUSLEY, Claire Anne | Director | 2022-10-19 | 2024-03-01 |
| HOWARTH, Ian Martin | Director | 2006-12-21 | 2017-01-31 |
| IN HET VELD, Andre | Director | 2017-05-24 | 2024-09-25 |
| LIDDLE, Bryan | Director | 2017-05-24 | 2022-06-30 |
| LIDDLE, Bryan | Director | 2005-02-01 | 2013-06-03 |
| LONGLEY, Malcolm Robert | Director | 1994-10-17 | 1996-01-31 |
| MALLOY, Craig | Director | 2017-01-12 | 2022-10-19 |
| MCAUSLAND, Colin Hunter Muir | Director | 2001-01-26 | 2001-12-31 |
| MCCARROLL, Neil Robert | Director | 2013-12-02 | 2016-04-01 |
| MELLOR, Ian George | Director | 2001-03-01 | 2005-03-31 |
| PARKER, Michael David | Director | — | 2004-05-31 |
| PELSMA, Wiebe Arnold | Director | 2010-03-31 | 2023-09-08 |
| POINTON, Raymond Barry | Director | 1996-05-01 | 2001-03-01 |
| POINTON, Raymond Barry | Director | — | 1994-11-28 |
| PRAAS, Jeroen | Director | 2022-11-15 | 2025-05-01 |
| ROBERTS, Peter Craven | Director | — | 1996-04-30 |
| ROBINSON, Guy Walker | Director | 2020-12-14 | 2022-09-01 |
| SAUNDERS, Michael John | Director | 2006-12-21 | 2011-08-23 |
| SUTCLIFFE, Peter | Director | — | 2001-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aalberts Uk Limited | Corporate entity | Shares 75–100% | 2023-04-26 | Active |
| Aalberts France Snc | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2023-04-26 |
Filing timeline
Last 20 of 211 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-04 | AA | accounts | Accounts with accounts type full | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-10-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-10 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-09-08 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-14 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-07-14 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-26 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-26 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.