SHAW PIPELINE SERVICES UK LIMITED
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Cash
£1.4m
+55.2% vs 2024
Net assets
£6.9m
-5.4% vs 2024
Employees
97
+5.4% highest in 3 filed years
Profit before tax
-£135k
-106.7% lowest in 3 filed years
Net assets
3-year trend · vs Energy 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 | £17,480,000 | £21,037,000 | £14,190,000 | -32.5% | |
| Operating profit | £1,493,000 | £1,968,000 | -£195,000 | -109.9% | |
| Profit before tax | £1,493,000 | £2,004,000 | -£135,000 | -106.7% | |
| Net profit | £2,746,000 | £1,041,000 | -£395,000 | -137.9% | |
| Cash | £1,833,000 | £918,000 | £1,425,000 | +55.2% | |
| Total assets less current liabilities | £6,226,000 | £7,480,000 | £6,996,000 | -6.5% | |
| Net assets | £6,226,000 | £7,275,000 | £6,880,000 | -5.4% | |
| Equity | £6,226,000 | £7,275,000 | £6,880,000 | -5.4% | |
| Average employees | 87 | 92 | 97 | +5.4% | |
| Wages | £6,924,000 | £8,521,000 | £6,847,000 | -19.6% | |
| Directors' remuneration | — | £242,000 | £91,000 | -62.4% | |
| Directors' pension contributions | — | £59,000 | £6,000 | -89.8% | |
| Highest paid director | — | £288,000 | — | — |
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 | 8.5% | 9.4% | -1.4% | |
| Net margin | 15.7% | 4.9% | -2.8% | |
| Return on capital employed | 24.0% | 26.3% | -2.8% | |
| Gearing (liabilities / total assets) | 35.0% | 28.4% | 23.7% | |
| Current ratio | 2.19x | 3.11x | 3.27x | |
| Interest cover | — | — | -97.50x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have at the time of approving the financial statements, a reasonable expectation that the group has adequate resources to continue in operational existence for 12 months from date the financial statements are signed.”
Group structure
- SHAW PIPELINE SERVICES UK LIMITED · parent
- Shaw Pipeline Services Aust Pty Limited 100%
- Shaw NDT Brazil Limitada 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLOWER, Eric | Director | 2023-06-01 | Feb 1977 | American |
| GEARY, David Michael | Director | 2024-12-17 | Feb 1974 | British |
| HAVERN, Christopher Van | Director | 2023-06-01 | May 1967 | American |
| PATTILLO, Charles Edward | Director | 2024-12-12 | Oct 1956 | American |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GEARY, David | Secretary | 2023-06-01 | 2025-05-02 |
| VIELLIARD, Nicolas Marie Patrick | Secretary | 2022-06-01 | 2023-05-31 |
| HOLLOWAY, Thomas Ray | Director | 2022-06-01 | 2023-05-31 |
| TAYLOR, Mark | Director | 2022-06-01 | 2024-12-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Shawcor Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-06-01 | Ceased 2023-05-31 |
Filing timeline
Last 20 of 28 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-16 | AA | accounts | Accounts with accounts type group | |
| 2026-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-19 | AA | accounts | Accounts with accounts type group | |
| 2025-08-13 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-20 | CH01 | officers | Change person director company with change date | |
| 2025-05-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-18 | CH01 | officers | Change person director company with change date | |
| 2024-12-18 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-17 | CH01 | officers | Change person director company with change date | |
| 2024-12-10 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-05-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-04 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-06-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-12 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-06-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.