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PIPELINE INDUCTION HEAT LIMITED
THE PIPELINE CENTRE FARRINGTON ROAD, ROSSENDALE ROAD INDUSTRIAL ESTATE, BURNLEY, LANCASHIRE, BB11 5SWCompany Number: 01478556
Incorporation date: 11-Feb-1980
Status: Active
Entity type: Private Limited Company
SIC codes:
25610 Treatment and coating of metals
SUMMARY
This company is 44.2 years old and is currently active. It is controlled by Pih Holdings Limited. The company has positive equity (net assets) of GBP 19.1 million which has decreased from the previous year's figure of GBP 21.5 million. The latest reported revenue figure is GBP 20.2 million which is down -50% on the previous year. The company has 4 active officers (directors or partners) who are or were officers of 97 other companies, 34 (35.1%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Sep-2023Accounts Filed: FULL (31-Dec-2021)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 20,173,251 | -1,801,975 | 51,151 | -2,409,917 | ||
31-Dec-2018 | GBP | 39,953,634 | -4,665,683 | 1,086,108 | -3,615,111 | ||
31-Dec-2017 | GBP | 50,827,889 | 4,208,732 | 41,653 | 1,935,063 | 2,315,322 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | GBP | 140,794 | 15,834,195 | 7,777,912 | 600 | 298,400 | 18,786,892 | 19,086,292 | |
31-Dec-2018 | GBP | 1,161,814 | 35,255,383 | 26,597,832 | 600 | 298,400 | 21,196,809 | 21,496,209 | |
31-Dec-2017 | GBP | 20,700,380 | 50,983,817 | 23,216,984 | 10,133,647 | 600 | 298,400 | 32,460,001 | 32,759,401 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Philip Nicholas LANIGAN | 19 Aug 2022 | 28 Mar 2024 | 1 - 0 | ||
Resigned | Steven John COSTELLO | 31 Oct 2013 | 19 Aug 2022 | 0 - 1 | ||
Resigned | Fred HAYHURST | 11 Mar 2011 | 31 Oct 2013 | 0 - 1 | ||
Resigned | Paul James ROBINSON | 11 Mar 2011 | 0 - 8 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | James Innes MACKAY | 19 Aug 2022 | Director | British | 6 - 5 | 1 (9.1%) | |
Active | Philip Nicholas LANIGAN | 19 Aug 2022 | Director | British | 11 - 123 | 56 (41.8%) | |
Active | Frederic CASTREC | 19 Aug 2022 | Director | French | 9 - 6 | 5 (33.3%) | |
Resigned | Bruno Claudio Oliveira TEIXEIRA | 07 Dec 2021 | 23 May 2023 | Finance Director | Portuguese | 0 - 5 | 1 (20.0%) |
Resigned | Caroline ALLEN | 08 Jan 2018 | 07 Dec 2021 | Finance Director | British | 0 - 5 | 1 (20.0%) |
Active | Paul Joseph MCSHANE | 01 Nov 2016 | Director Of Operations & Service Delivery | Irish | 6 - 0 | 1 (16.7%) | |
Resigned | Paul Daniel MOKLAK | 01 Nov 2016 | 28 Feb 2018 | Hr Director | British | 0 - 5 | 1 (20.0%) |
Resigned | Fiona Elizabeth RHODES | 07 Sep 2015 | 08 Jan 2018 | Accountant | British | 0 - 5 | 1 (20.0%) |
Resigned | Mark Richard SMILEY | 08 Jan 2015 | 31 Oct 2016 | General Manager Uk & Roi | British | 70 - 60 | 13 (10.0%) |
Resigned | Thomas Patrick DAVISON | 20 May 2013 | 01 Sep 2015 | Financial Controller | British | 0 - 5 | 1 (20.0%) |
Resigned | Susan STUBBS | 01 Jun 2012 | 31 Oct 2016 | Hr Director | British | 1 - 112 | 36 (31.9%) |
Resigned | Amit Kumar SOOD | 01 Sep 2011 | 31 Oct 2016 | Accountant | British | 23 - 96 | 38 (31.9%) |
Resigned | Matthew James COGZELL | 01 Sep 2011 | 01 Jun 2012 | Human Resources Director | British | 0 - 107 | 36 (33.6%) |
Resigned | Adam Rhys WYNNE HUGHES | 01 Sep 2011 | 16 Jun 2023 | Managing Director | British | 1 - 12 | 8 (61.5%) |
Resigned | John Mitchell COWLEY | 01 Sep 2011 | 08 Jan 2015 | Director | British | 0 - 109 | 37 (33.9%) |
Resigned | Gregory Duane LAAKE | 04 Apr 2005 | 30 Jun 2011 | Accountant | United States | 0 - 6 | 2 (33.3%) |
Resigned | Mark WENDELL BIGGERS | 16 Nov 2001 | 13 Feb 2004 | Chief Financial Officer | American | 0 - 2 | 0 (0.0%) |
Resigned | Philip Michael BOND | 22 Dec 1999 | 01 Sep 2011 | Director | British | 0 - 4 | 0 (0.0%) |
Resigned | Albert RAMSDEN | 22 Dec 1999 | 07 May 2003 | Director | British | 0 - 5 | 2 (40.0%) |
Resigned | Delma Dale WOOD | 13 Jun 1997 | 16 Nov 2001 | President | American | 1 - 3 | 0 (0.0%) |
Resigned | Malcolm Timothy CAREY | 13 Jun 1997 | 01 Sep 2011 | Corporate Vice President | American | 0 - 6 | 1 (16.7%) |
Resigned | Calvin Paul EVANS | 13 Jun 1997 | 01 Sep 2011 | Corporate President | American | 2 - 3 | 0 (0.0%) |
Resigned | Philip D GARDNER | 04 Oct 1996 | 12 Jun 1997 | Executive | American | 0 - 1 | 0 (0.0%) |
Resigned | James Richard BURKE | 04 Oct 1996 | 12 Jun 1997 | Executive | Us Citizen | 0 - 4 | 2 (50.0%) |
Resigned | Malcolm Timothy CAREY | 08 Nov 1995 | 10 Apr 1996 | Executive | American | 0 - 6 | 1 (16.7%) |
Resigned | Norman R FRANCIS | 08 Nov 1995 | 15 Apr 1996 | Executive | American | 0 - 1 | 0 (0.0%) |
Resigned | Delma Dale WOOD | 05 Oct 1995 | President | American | 1 - 3 | 0 (0.0%) | |
Resigned | Michael Peter SMITH | 18 Aug 2008 | Director | British | 1 - 7 | 2 (25.0%) | |
Resigned | Windell Derwood NORRIS | 01 Jan 1996 | Corporate Vice President | American | 0 - 1 | 0 (0.0%) | |
Resigned | David Thomas JUMPSEN | 06 Jun 1997 | Director | British | 1 - 4 | 2 (40.0%) | |
Resigned | Brian Charles GOFF | 12 Jun 1997 | Sales & Marketing Director | British | 0 - 3 | 0 (0.0%) | |
Resigned | Calvin Paul EVANS | 12 Jun 1997 | Corporate President | American | 2 - 3 | 0 (0.0%) | |
Resigned | Philip Michael BOND | 12 Jun 1997 | Operations Director | British | 0 - 4 | 0 (0.0%) |
Average tenure of active directors: 3.1 years
Average tenure of resigned directors: 3.4 years
Average active director Dissolution Rate: 25.2%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-03-19 | 2015-03-19 | 2014-03-19 | 2013-03-19 | 2012-03-19 | ||
PIH HOLDINGS LIMITED | ORDINARY | 600 100% | 600 100% | 600 100% | 600 100% | 600 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
PIPELINE INDUCTION HEAT LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
Title | Date filed | Status | Publication number |
---|---|---|---|
A machine for cleaning a section of pipeline | 2014-12-08 | Awaiting First Examination | GB2533092 |
A machine for spraying a section of pipeline | 2014-10-22 | Awaiting First Examination | GB2531560 |
Apparatus and method for heating a section of a pipeline | 2014-10-07 | Awaiting First Examination | GB2531026 |
Applicator machine | 2014-07-22 | Awaiting First Examination | GB2528469 |
A vehicle for induction heating a bent pipeline section | 2013-08-09 | Granted | GB2527187 |
Mould equipment for pipeline section coating and methods for coating of pipeline sections with moulds | 2013-08-09 | Awaiting First Examination | GB2516981 |
Applicator machine | 2013-04-05 | Granted | GB2512644 |
Pipe coating | 2008-08-02 | Granted | GB2462149 |
Lining Of Pipelines And Passageways | 2004-09-15 | Granted | GB2421778 |
Apparatus and method for coating pipes | 2000-10-30 | Granted | GB2370800 |
Housing for abrasive blasting | 2000-01-28 | Ceased | GB2358601 |
Pipe spray coating apparatus | 1994-01-12 | Terminated | GB2285592 |
An apparatus for coating a pipe weld joint | 1994-01-10 | Ceased | GB2285596 |
Coating pipes | 1991-07-31 | Granted | GB2258901 |
Cement sprayer | 1990-10-01 | Ceased | GB2236966 |
Improvements in pipe surface treatment | 1981-02-11 | Terminated | GB2092490 |
COMPETITORS
(Based on Sic code:
25610 Treatment and coating of metals)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
BURNTISLAND FABRICATIONS LIMITED | C/O TENEO FINANCIAL ADVISORY LIMITED, 3RD FLOOR, EDINBURGH, EH2 1EL | SC213282 | 2017-12-31 | 101,009,595 | 0 |
25990-Manufacture of other fabricated metal products not elsewhere classified |
BIOMET UK LIMITED | WATERTON INDUSTRIAL ESTATE, BRIDGEND, SOUTH WALES, CF31 3XA | 01019715 | 2017-12-31 | 90,109,000 | 4,961,000 |
25620-Machining 32500-Manufacture of medical and dental instruments and supplies |
WEDGE GROUP GALVANIZING LIMITED | STAFFORD STREET, WILLENHALL, WEST MIDLANDS, WV13 1RZ | 00515891 | 2018-03-31 | 86,971,000 | 40,568,000 | |
TURBINE SURFACE TECHNOLOGIES LIMITED | UNIT 13A, LITTLE OAK DRIVE SHERWOOD PARK, ANNESLEY, NOTTINGHAMSHIRE, ENGLAND, ENGLAND, NG15 0DR | 04040105 | 2017-12-31 | 60,501,000 | 5,323,000 | |
JOSEPH ASH LIMITED | WESTHAVEN HOUSE, ARLESTON WAY, SHIRLEY, SOLIHULL, WEST MIDLANDS, B90 4LH | 00154773 | 2017-12-31 | 41,038,000 | 8,304,000 | |
BLACKWOOD ENGINEERING LIMITED | GLANDWR INDUSTRIAL ESTATE, ABERBEEG, GWENT, NP13 2LN | 00423178 | 2018-04-30 | 37,280,563 | 0 | |
BODYCOTE HEAT TREATMENTS LIMITED | SPRINGWOOD COURT SPRINGWOOD CLOSE, TYTHERINGTON BUSINESS PARK, MACCLESFIELD, CHESHIRE, SK10 2XF | 01025652 | 2016-12-31 | 29,700,000 | 3,320,000 | |
WALLWORK HEAT TREATMENT LIMITED | LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, BL9 0RE | 00640305 | 2018-03-31 | 8,360,760 | 0 | |
WALLWORK CAMBRIDGE LIMITED | LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, BL9 0RE | 01476898 | 2018-03-31 | 6,085,906 | 0 |
28910-Manufacture of machinery for metallurgy |
WALLWORK HEAT TREATMENT (BIRMINGHAM) LIMITED | LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, BL9 0RE | 02293573 | 2018-03-31 | 5,877,007 | 0 | |
WESTGATE COIL AND PROCESSING LIMITED | WESTGATE HOUSE MIDDLEMORE LANE WEST, ALDRIDGE, WALSALL, WS9 8BG | 07455979 | 2018-02-28 | 1,532,571 | 0 | |
WALLWORK NEWCASTLE LIMITED | LODGE BANK WORKS, LORD STREET, BURY, LANCASHIRE, ENGLAND, BL9 0RE | 01576003 | 2018-03-31 | 1,123,891 | 0 | |
PROTECTIVE SURFACE COATINGS LTD | WEST VIEW HOUSE, NEWEYS HILL, WORCESTER, ENGLAND, WR3 7AL | 08277251 | 2017-12-31 | 580,320 | 0 | |
EDMO POWDER COATINGS LTD. | PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP | 02226415 | 2018-10-31 | 551,710 | 0 | |
SURFACE FINISHERS LIMITED | 19 OAKLANDS AVENUE, EARL SHILTON, LEICESTER, ENGLAND, LE9 7JX | 04774897 | 2017-05-31 | 357,338 | 0 | |
ULTRAQUICK HIRE LIMITED | ADDITIONS PLUS, 10A PARLAUNT ROAD, SLOUGH, BERKSHIRE, ENGLAND, SL3 8BB | 08941004 | 2018-03-31 | 206,216 | 0 | |
PYRAMID LABORATORIES LIMITED | 33 OAKLEAS RISE, THRAPSTON, NORTHAMPTONSHIRE, NN14 4JZ | 02938949 | 2017-12-31 | 66,044 | 0 |
72190-Other research and experimental development on natural sciences and engineering |
M. I. G. S. LTD. | 298 HIGH STREET, DORKING, SURREY, ENGLAND, RH4 1QX | 03611333 | 2018-08-31 | 41,937 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
PIPELINE INDUCTION HEAT LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.4% | 1.4% | 2.7% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.7% | 2.2% | 3.8% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |