JOHN BELL PIPELINE EQUIPMENT COMPANY LIMITED
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Cash
£423k
+172.1% vs 2024
Net assets
£4.9m
+0.5% vs 2024
Employees
49
+2.1% highest in 6 filed years
Profit before tax
£53k
-81.6% 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
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £11,158,230 | £9,914,778 | £13,166,353 | £16,421,822 | £14,815,316 | £16,344,001 | +10.3% | |
| Operating profit | £74,147 | -£60,316 | £772,917 | £1,109,843 | £296,866 | £51,961 | -82.5% | |
| Profit before tax | £74,241 | -£60,177 | £772,270 | £1,110,134 | £290,063 | £53,399 | -81.6% | |
| Net profit | £56,606 | -£56,719 | £614,741 | £846,833 | £119,578 | £26,072 | -78.2% | |
| Cash | £1,696,423 | £2,066,765 | £591,666 | £568,253 | £155,258 | £422,511 | +172.1% | |
| Total assets less current liabilities | — | — | — | £5,305,501 | £4,991,173 | £5,046,128 | +1.1% | |
| Net assets | £5,644,141 | £5,587,422 | £4,952,163 | £5,298,996 | £4,918,574 | £4,944,646 | +0.5% | |
| Equity | £5,644,141 | £5,587,422 | £4,952,163 | £5,298,996 | £4,918,574 | £4,944,646 | +0.5% | |
| Average employees | 46 | 43 | 43 | 45 | 48 | 49 | +2.1% | |
| Wages | £1,736,009 | £1,705,243 | £1,888,406 | £2,187,266 | £2,261,111 | £2,375,616 | +5.1% | |
| 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. 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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 0.7% | -0.6% | 5.9% | 6.8% | 2.0% | 0.3% | |
| Net margin | 0.5% | -0.6% | 4.7% | 5.2% | 0.8% | 0.2% | |
| Return on capital employed | — | — | — | 20.9% | 5.9% | 1.0% | |
| Gearing (liabilities / total assets) | 19.7% | 20.6% | 32.0% | 33.3% | 34.0% | 41.9% | |
| Current ratio | — | — | — | 2.88x | 2.79x | 2.30x | |
| Interest cover | — | — | — | — | 39.04x | 3.05x |
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
“The financial statements have been prepared on a going concern basis. ... The Director remains confident about the Company's future despite the economic uncertainties in the UK and abroad.”
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 | 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 108 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-16 | AA | accounts | Accounts with accounts type full | |
| 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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.