WESTWOOD PIPELINES LIMITED
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Cash
£1.6M
+1,337.8% highest in 3 filed years
Net assets
£2.3M
+50.5% highest in 3 filed years
Employees
46
+15% highest in 3 filed years
Profit before tax
£1.3M
+137.7% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £11,700,691 | £11,735,635 | £17,232,589 | +46.8% | |
| Operating profit | — | £601,483 | £1,374,049 | +128.4% | |
| Profit before tax | £521,490 | £541,975 | £1,288,455 | +137.7% | |
| Net profit | £388,547 | £399,228 | £959,785 | +140.4% | |
| Cash | £1,112,014 | £110,958 | £1,595,368 | +1,337.8% | |
| Total assets less current liabilities | £2,191,466 | £2,491,744 | £3,310,428 | +32.9% | |
| Net assets | £1,267,254 | £1,540,453 | £2,317,738 | +50.5% | |
| Equity | £1,267,254 | £1,540,453 | £2,317,738 | +50.5% | |
| Average employees | 37 | 40 | 46 | +15% | |
| Wages | £1,174,925 | £1,317,418 | £1,637,169 | +24.3% | |
| Directors' remuneration | £103,000 | £103,500 | £121,232 | +17.1% |
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 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 5.1% | 8.0% | |
| Net margin | 3.3% | 3.4% | 5.6% | |
| Return on capital employed | — | 24.1% | 41.5% | |
| Gearing (liabilities / total assets) | — | 77.4% | 72.9% | |
| Current ratio | — | 0.96x | 1.09x | |
| Interest cover | — | 9.60x | 15.03x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forrester Boyd Robson Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”
Group structure
- WESTWOOD PIPELINES LIMITED · parent
- Egeplast International GMBH 95%
- Egeplast Ireland Limited
Significant events
- “To support ongoing growth plans, we continued to expand our workforce during 2025.”
- “In 2025, we saw a significant increase in both the number of customers and the volume of products sold compared to 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Joanne | Secretary | 2023-03-01 | — | — |
| JONES, Steven Keith | Director | 2021-02-25 | May 1974 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BREWER, Susan Helen | Secretary | 2002-12-10 | 2021-02-25 |
| JONES, Steven | Secretary | 2021-02-25 | 2023-03-01 |
| BREWER, Steven | Director | 2002-12-10 | 2021-02-25 |
| BREWER, Susan Helen | Director | 2006-05-18 | 2021-02-25 |
| DEERE, Simon | Director | 2006-05-18 | 2013-06-10 |
| HAFERKAMP, Wolf-Christian | Director | 2021-02-25 | 2021-12-21 |
| JONES, Steven Keith | Director | 2006-03-01 | 2021-02-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Egeplast Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-25 | Active |
| Mr Steven Keith Jones | Individual | Shares 25–50%, Voting 25–50% | 2017-04-28 | Ceased 2021-02-25 |
| Mr Steven Brewer | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-02-25 |
| Mrs Susan Helen Brewer | Individual | Shares 25–50%, Shares 25–50% (as firm) | 2016-04-06 | Ceased 2021-02-25 |
Filing timeline
Last 20 of 102 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-04-11 MA Memorandum articles
- 2023-04-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | AA | accounts | Accounts with accounts type full | |
| 2026-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-02 | AA | accounts | Accounts with accounts type full | |
| 2025-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-17 | AA | accounts | Accounts with accounts type full | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-11-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-11-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-05-22 | AA | accounts | Accounts with accounts type small | |
| 2023-04-11 | MA | incorporation | Memorandum articles | |
| 2023-04-11 | RESOLUTIONS | resolution | Resolution | |
| 2023-03-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-03-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-02-08 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.