MAINLINE PIPELINES LIMITED
Get an alert when MAINLINE PIPELINES LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-22 (in 2mo)
Last made up 2025-07-08
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£87M
+7.4% vs 2023
Employees
15
-6.3% vs 2023
Profit before tax
£8M
+41% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £19,189,000 | £18,238,000 | |
| Operating profit | £5,798,000 | £8,036,000 | |
| Profit before tax | £5,700,000 | £8,036,000 | |
| Net profit | £4,311,000 | £6,022,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £82,268,000 | £88,639,000 | |
| Net assets | £80,945,000 | £86,967,000 | |
| Equity | £80,945,000 | £86,967,000 | |
| Average employees | 16 | 15 | |
| Wages | £1,187,000 | £1,198,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 30.2% | 44.1% | |
| Net margin | 22.5% | 33.0% | |
| Return on capital employed | 7.0% | 9.1% | |
| Gearing (liabilities / total assets) | 46.0% | 45.4% | |
| Current ratio | 2.13x | 2.15x | |
| Interest cover | 59.16x | — |
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
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 62 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LAW DEBENTURE CORPORATE SERVICES LIMITED | Corporate Secretary | 2017-01-30 | — | — |
| RUDD, Timothy Francis | Director | 2021-05-20 | Mar 1988 | British |
| SMITH, Timothy Nigel | Director | 2021-08-16 | Nov 1970 | British |
Show 62 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOYDELL, John Nicholas | Secretary | 2007-03-23 | 2008-08-05 |
| CLARKE, Andrew Terence | Secretary | 2008-08-05 | 2011-02-28 |
| DAVIES, Gary Cyril | Secretary | — | 1994-07-25 |
| FINCH, Peta Lesley | Secretary | 1994-07-25 | 2011-02-28 |
| MOTTERSHEAD, Denise Anne | Secretary | 1998-09-01 | 2007-03-23 |
| ZAZA, Brigitte | Secretary | 2011-02-28 | 2011-08-01 |
| INTERTRUST (UK) LIMITED | Corporate Secretary | 2014-05-15 | 2017-01-30 |
| INTERTRUST HOLDINGS (UK) LIMITED | Corporate Secretary | 2011-08-01 | 2014-05-15 |
| AHRENS, Valerie | Director | 2005-02-01 | 2008-02-01 |
| ALDERSON, Stuart Herbert | Director | 2001-09-11 | 2011-02-28 |
| ALEXANDER, James | Director | 2009-11-30 | 2011-02-28 |
| ALEXANDER, James | Director | 2006-09-01 | 2007-10-09 |
| BANNERMAN, Colin George | Director | 1999-02-01 | 2000-08-01 |
| BATEMAN, Stephen William | Director | 2018-11-01 | 2021-05-20 |
| BAUMGARTNER, Gerald Richard | Director | 1994-01-01 | 1996-02-01 |
| BEDDOES, Christopher Michael | Director | 2001-07-20 | 2008-03-14 |
| BELL, John Alan Clifford | Director | 1993-07-19 | 1996-11-01 |
| BLAND, Derek Martin Vaudin | Director | 2008-02-25 | 2009-07-16 |
| CARR, David | Director | 2000-03-24 | 2003-02-07 |
| CARRIAT, Jean-Yves Benoit | Director | 2007-06-01 | 2010-07-16 |
| CHAPMAN, Jack | Director | — | 1993-07-19 |
| CHASEIN DU GUERNY, Antoine Jean Marie | Director | 2003-02-07 | 2004-03-05 |
| CLAYMAN, David | Director | — | 1994-12-01 |
| COLEMAN, Richard Henry | Director | 2007-10-09 | 2009-11-30 |
| DAVIES, Robert Stephen | Director | 1995-10-20 | 1997-12-10 |
| DE MOT, Alain | Director | 2007-01-12 | 2008-11-14 |
| DEACON, Christopher Miles | Director | 1995-11-01 | 1996-08-01 |
| DONALDSON, Lynne | Director | 2003-10-01 | 2007-01-12 |
| DONOHUE, Martin Nigel | Director | 2000-08-01 | 2003-10-01 |
| DUJEAN, Alain Vincent | Director | 1996-09-19 | 1997-07-11 |
| ELLIS, Peter Price | Director | 1998-01-01 | 2000-03-24 |
| EVANS, Jonathan Maxwell | Director | 2008-03-14 | 2011-02-28 |
| FENNELL, Brynley Victor, Dr | Director | — | 1993-07-19 |
| HARPER, June | Director | 1997-07-14 | 2001-07-20 |
| HOLLIDAY, Stephen John | Director | 1993-07-19 | 1993-12-31 |
| HUMPHRIES, Simon | Director | — | 1995-11-01 |
| JOHNSTON, Brett Phillip | Director | 2017-12-12 | 2021-08-16 |
| JONES, Barry Roger | Director | 2007-01-12 | 2011-07-01 |
| JONES, Malcolm Frederick | Director | 1997-07-11 | 2000-05-17 |
| MAGRILL, Leonard Philip | Director | — | 1998-01-01 |
| MALLINSON, Trevor | Director | 1996-08-02 | 2007-05-24 |
| MARRIOTT, Philip Arnold | Director | 1997-01-01 | 1997-07-14 |
| MEESTERS, Luc | Director | 2009-07-16 | 2011-12-01 |
| MOULTON, John Peter | Director | 1997-12-10 | 1999-09-01 |
| OLLERHEAD, Stephen William | Director | 2000-05-17 | 2003-10-01 |
| RICODEAU, Bernard | Director | 1994-01-01 | 1996-09-18 |
| RIVOALEN, Philippe Marie | Director | 2003-04-01 | 2005-02-01 |
| SKIPPINS, Janet Alexandra | Director | 2003-10-01 | 2005-10-31 |
| SMITH, Timothy Nigel | Director | 2005-10-31 | 2018-11-01 |
| SNOW, Frank Dennis | Director | — | 1995-10-20 |
| THOMPSON, Derek Charles | Director | — | 1993-12-31 |
| TONG, Andrew Noel | Director | 1995-02-01 | 1997-10-01 |
| UPSON, Ian Wilshaw | Director | 1994-12-01 | 2000-03-24 |
| WARD, Catherine Elizabeth | Director | 2004-03-05 | 2006-09-01 |
| WATKINS, Neil Richard | Director | 2007-05-15 | 2014-03-14 |
| WHILE, Mark Anthony | Director | 2014-03-14 | 2017-12-12 |
| WICKENDEN, Peter Fredrick | Director | 1999-09-01 | 2003-03-31 |
| WILLIAMS, Gerald William | Director | 2011-02-28 | 2012-06-20 |
| WILLIAMS, Terry | Director | 2011-07-01 | 2011-11-18 |
| WILLIAMSON, Nicholas Pym | Director | — | 1995-02-01 |
| WOODS, Darren Wayne | Director | 2000-03-24 | 2001-07-20 |
| ZWITSERLOOT, Reiner Gerardus Maria | Director | 1996-02-01 | 1998-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Valero Logistics Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 260 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-11 | AA | accounts | Accounts with accounts type full | |
| 2024-07-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-02 | AA | accounts | Accounts with accounts type full | |
| 2023-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-06 | AA | accounts | Accounts with accounts type full | |
| 2022-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-25 | AA | accounts | Accounts with accounts type full | |
| 2021-08-19 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2021-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-22 | CH01 | officers | Change person director company with change date | |
| 2020-12-22 | CH01 | officers | Change person director company with change date | |
| 2020-12-15 | AD02 | address | Change sail address company with old address new address | |
| 2020-12-13 | AD03 | address | Move registers to sail company with new address | |
| 2020-12-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2020-12-13 | CH01 | officers | Change person director company with change date |
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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-5%
£19,189,000 £18,238,000
-
Cash
—
Not reported
-
Net assets
+7.4%
£80,945,000 £86,967,000
-
Employees
-6.3%
16 15
-
Operating profit
+38.6%
£5,798,000 £8,036,000
-
Profit before tax
+41%
£5,700,000 £8,036,000
-
Wages
+0.9%
£1,187,000 £1,198,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers