# PIPEFLEX SYSTEMS LTD (12376681)

> PIPEFLEX SYSTEMS LTD is an active private limited company (company number 12376681) incorporated on 23 December 2019, registered in Northumberland. Its registered activity is manufacture of tubes, pipes, hollow profiles and related fittings, of steel (SIC 24200). Latest small accounts cover the period ending 31 March 2025, showing net assets of £68k and cash of £13k, with 29 employees on average. Net assets rose 165% on the prior period (−£104k).

- Status: Active
- Incorporated: 2019-12-23
- Registered office: Northumberland, NE22 7DQ
- SIC 24200: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-01-06
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 488 comparable companies in the UK (median £7,742, upper quartile £120k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £68k | £13k | £1.78m | £1.52m | — | — | 29 |
| 2024-03-31 | −£104k | £123k | £874k | £987k | — | — | 19 |

current ratio 1.24; size band micro.

## Firmoscan score: 76/100 (grade B)

- +10 Positive net assets: Net assets £67,607 at 2025-03-31
- +8 Net assets growing: +165.1% vs prior period
- +8 Established: Incorporated 2019-12-23 (7 years)

Rules: https://firmoscan.com/methodology

## Persons with significant control

- Mr Malcolm Birchall — has significant influence or control, since 2019-12-23

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Source: Companies House register, Open Government Licence v3.0. Official record: https://find-and-update.company-information.service.gov.uk/company/12376681
HTML: https://firmoscan.com/company/12376681-pipeflex-systems-ltd