JOHN BELL PIPELINE EQUIPMENT COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-21 (in 8mo)
Last made up 2026-01-07
Watchouts
Cash
£155K
-72.7% lowest in 4 filed years
Net assets
£5M
-7.2% lowest in 4 filed years
Employees
48
+6.7% highest in 4 filed years
Profit before tax
£290K
-73.9% first positive since 2021
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
8-year trend · vs Industrials median
Accounts
8-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £9,914,778 | — | — | £16,421,822 | £14,815,316 | |
| Operating profit | — | — | — | -£60,316 | — | — | £1,109,843 | £296,866 | |
| Profit before tax | — | — | — | -£60,177 | £772,270 | — | £1,110,134 | £290,063 | |
| Net profit | — | — | — | -£56,719 | £614,741 | — | £846,833 | £119,578 | |
| Cash | — | — | — | £2,066,765 | £591,666 | — | £568,253 | £155,258 | |
| Total assets less current liabilities | — | — | — | — | £4,952,163 | — | £5,305,501 | £4,991,173 | |
| Net assets | — | — | — | £5,587,422 | £4,952,163 | — | £5,298,996 | £4,918,574 | |
| Equity | £7,165,013 | £6,587,535 | £5,644,141 | £5,587,422 | £4,952,163 | £4,952,163 | £5,298,996 | £4,918,574 | |
| Average employees | — | — | — | 43 | 43 | — | 45 | 48 | |
| Wages | — | — | — | £1,705,243 | £1,888,405 | — | £2,187,266 | £2,261,111 | |
| Directors' remuneration | — | — | — | — | — | — | — | — |
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
-9.8%
£16,421,822 £14,815,316
-
Cash
-72.7%
£568,253 £155,258
lowest in 4 filed years
-
Net assets
-7.2%
£5,298,996 £4,918,574
lowest in 4 filed years
-
Employees
+6.7%
45 48
highest in 4 filed years
-
Operating profit
-73.3%
£1,109,843 £296,866
first positive since 2021
-
Profit before tax
-73.9%
£1,110,134 £290,063
first positive since 2021
-
Wages
+3.4%
£2,187,266 £2,261,111
highest in 4 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 | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -0.6% | — | — | 6.8% | 2.0% | |
| Net margin | — | — | — | -0.6% | — | — | 5.2% | 0.8% | |
| Return on capital employed | — | — | — | — | — | — | 20.9% | 5.9% | |
| Current ratio | — | — | — | — | — | — | 2.88x | 2.79x | |
| Interest cover | — | — | — | -621.81x | — | — | 3557.19x | 39.04x |
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 3 times since incorporation
- JOHN BELL PIPELINE EQUIPMENT COMPANY LIMITED 1997-07-02 → present
- JOHN B LIMITED 1997-03-13 → 1997-07-02
- JOHN BELL PIPELINE EQUIPMENT COMPANY LIMITED 1997-01-30 → 1997-03-13
- CALADALE LIMITED 1997-01-23 → 1997-01-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “There have been no significant events affecting the Company since the year end.”
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 |
|---|---|---|---|---|
| MACHRAY, Rory Mcrae | Secretary | 2025-09-20 | — | — |
| BIANCO, Jeanne Martine Elizabeth | Director | 2012-02-07 | Jul 1971 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REID, Brian | Nominee Secretary | 1997-01-23 | 1997-01-23 |
| SKINNER, Alison Elizabeth | Secretary | 1997-01-30 | 2012-02-07 |
| THOMSON, Brian | Secretary | 2012-02-07 | 2013-08-07 |
| BIANCO, Paolo | Director | 2012-02-07 | 2025-10-01 |
| MABBOTT, Stephen | Nominee Director | 1997-01-23 | 1997-01-23 |
| SKINNER, Mark Stephen | Director | 1997-01-30 | 2017-02-07 |
| THOMSON, Brian Philip | Director | 1997-01-30 | 2013-08-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Paolo Bianco | Individual | Significant influence | 2016-04-06 | Ceased 2025-10-01 |
| Mr Mark Stephen Skinner | Individual | Significant influence | 2016-04-06 | Ceased 2017-02-07 |
| Ms Jeanne Martine Elizabeth Bianco | Individual | Significant influence | 2016-04-06 | Active |
| National Tube Stockholders Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 107 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-07 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-09-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-01-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-02-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-21 | AA | accounts | Accounts with accounts type full | |
| 2020-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-10 | AA | accounts | Accounts with accounts type full | |
| 2019-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-11 | AA | accounts | Accounts with accounts type full | |
| 2018-02-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.