PE PIPELINE SPECIALISTS LIMITED

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-05 (in 2mo)

Last made up 2025-06-21

Watchouts

None on the register

Cash

£464K

-2% vs 2023

Net assets

£2M

+29.2% highest in 6 filed years

Employees

+9.5% vs 2023

Profit before tax

£2M

-3.2% vs 2023

Net assets

6-year trend · vs Basic Materials median

PE PIPELINE SPECIALISTS LIMITED·Basic Materials median · n=2039

Accounts

6-year trend · latest reflected 2024-12-31

Metric	2019-12-23	2020-12-23	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Turnover	—	—	—	—	£18,294,682	£18,734,254
Operating profit	—	—	—	—	£1,663,176	£1,617,465
Profit before tax	—	—	—	£1,496,047	£1,560,241	£1,509,699
Net profit	—	—	—	£1,209,948	£1,189,270	£1,131,180
Cash	£33,635	£164,592	£9,721	£318,279	£473,983	£464,371
Total assets less current liabilities	£785,305	£966,278	£1,059,846	£1,211,268	£1,228,890	£1,577,428
Net assets	£772,786	£950,475	£1,032,666	£1,181,364	£1,193,259	£1,542,166
Equity	£772,786	£950,475	£1,032,666	£1,181,364	£1,193,259	£1,542,166
Average employees	15	16	17	23	21	23
Wages	—	—	—	£669,976	£785,486	£835,748
Directors' remuneration	—	—	—	£9,597	£10,011	£14,147

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Turnover

+2.4%

£18,294,682 £18,734,254
Cash

-2%

£473,983 £464,371
Net assets

+29.2%

£1,193,259 £1,542,166

highest in 6 filed years
Employees

+9.5%

21 23
Operating profit

-2.7%

£1,663,176 £1,617,465
Profit before tax

-3.2%

£1,560,241 £1,509,699
Wages

+6.4%

£785,486 £835,748

highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio	2019-12-23	2020-12-23	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Operating margin	—	—	—	—	9.1%	8.6%
Net margin	—	—	—	—	6.5%	6.0%
Return on capital employed	—	—	—	—	135.3%	102.5%
Current ratio	—	—	—	—	1.25x	1.33x
Interest cover	—	—	—	—	16.16x	15.01x

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: MHA
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 financial statements are authorised for issue.”

Significant events

“During the year, the company diversified into alternative markets to mitigate the slower recovery of the housing sector, which has been affected by the cost-of-living crisis and higher interest rates.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

1 active · 2 resigned

Name	Role	Appointed	Born	Nationality
EVANS, Paul Edward	Director	2014-06-23	Mar 1981	British

Show 2 resigned officers

Name	Role	Appointed	Resigned
LLOYD, Clifford	Director	2014-11-12	2020-10-20
QUIN, Paul	Director	2014-11-12	2020-10-20

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Peps Holdings Limited	Corporate entity	Shares 75–100%, Voting 75–100%, Appoints directors	2020-10-20	Active
Mr Paul Edward Evans	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2020-10-20
Mr Paul Quin	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2020-10-20
Mr Clifford Lloyd	Individual	Shares 25–50%, Voting 25–50%	2016-04-06	Ceased 2020-10-20

Filing timeline

Last 20 of 46 total filings

Date	Type	Category	Description
2026-02-03	MR04	mortgage	Mortgage satisfy charge full	PDF
2025-09-23	AA	accounts	Accounts with accounts type full	PDF
2025-06-27	CS01	confirmation-statement	Confirmation statement with updates	PDF
2024-09-30	AA	accounts	Accounts with accounts type full	PDF
2024-06-21	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-12-27	MR01	mortgage	Mortgage create with deed with charge number charge creation date	PDF
2023-09-07	AA	accounts	Accounts with accounts type total exemption full	PDF
2023-06-26	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2022-06-27	AA	accounts	Accounts with accounts type total exemption full	PDF
2022-06-23	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-07-07	CS01	confirmation-statement	Confirmation statement with updates	PDF
2021-04-23	AA01	accounts	Change account reference date company current extended	PDF
2021-03-15	AA	accounts	Accounts with accounts type total exemption full	PDF
2020-10-28	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2020-10-28	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2020-10-28	PSC07	persons-with-significant-control	Cessation of a person with significant control	PDF
2020-10-28	PSC02	persons-with-significant-control	Notification of a person with significant control	PDF
2020-10-27	TM01	officers	Termination director company with name termination date	PDF
2020-10-27	TM01	officers	Termination director company with name termination date	PDF
2020-08-26	AA	accounts	Accounts with accounts type total exemption full	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 3
Capital events: 0
Officers appointed: 0
Officers resigned: 0

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page