ASSOCIATED PIPELINE PRODUCTS LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-10-31
Confirmation statement due
2026-10-21 (in 5mo)
Last made up 2025-10-07
Watchouts
Cash
£12M
Latest balance sheet
Net assets
£13M
Equity attributable
Employees
27
Average over period
Profit before tax
£3M
Period ending 2024-10-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 1 time since incorporation
- ASSOCIATED PIPELINE PRODUCTS LIMITED 1992-12-14 → present
- VILNA LIMITED 1992-10-07 → 1992-12-14
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-10-31
| Metric | Trend | 2023-04-30 | 2024-10-31 |
|---|---|---|---|
| Turnover | £15,029,406 | £24,288,450 | |
| Operating profit | £1,864,908 | £2,022,714 | |
| Profit before tax | £1,963,065 | £2,677,455 | |
| Net profit | £1,568,620 | £1,458,645 | |
| Cash | £8,970,216 | £12,342,054 | |
| Total assets less current liabilities | £11,422,423 | £12,698,316 | |
| Net assets | £11,408,946 | £12,667,571 | |
| Equity | £11,408,946 | £12,667,571 | |
| Average employees | 24 | 27 | |
| Wages | £800,840 | £1,742,688 |
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 | 2023-04-30 | 2024-10-31 |
|---|---|---|---|
| Operating margin | 12.4% | 8.3% | |
| Net margin | 10.4% | 6.0% | |
| Return on capital employed | 16.3% | 15.9% | |
| Current ratio | 4.55x | 2.85x | |
| Interest cover | — | 191.91x |
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
- KMR Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue.”
Significant events
- “On 11 March 2025, a share for share exchange took place where by the shares in Associated Pipeline Products Limited were transferred to Associated Pipeline Products Holdings Limited. There was no change in the ultimate controlling parties.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FOY, Brian David | Secretary | 1992-10-07 | — | British |
| CARMICHAEL, Martin | Director | 2010-09-10 | May 1968 | British |
| CONNOLLY, Andrew | Director | 2021-05-18 | Jan 1977 | British |
| FOY, Brian David | Director | 1992-10-07 | Dec 1959 | Irish |
| HUNTER, Samuel James Michael | Director | 1992-10-07 | Oct 1958 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CATT, Nicholas William | Director | 2002-03-29 | 2002-08-01 |
| MAGUIRE, Alan | Director | 2002-03-29 | 2002-08-01 |
| NICHOLAS, David Charles | Director | 2002-03-29 | 2002-08-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Associated Pipeline Products Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-11 | Active |
| Mr Samuel James Michael Hunter | Individual | Shares 25–50% | 2016-04-06 | Ceased 2025-03-11 |
| Mr Brian David Foy | Individual | Shares 25–50% | 2016-04-06 | Ceased 2025-03-11 |
Filing timeline
Last 20 of 127 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-02-21 MA Memorandum articles
- 2024-02-21 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-10 | RP01CS01 | confirmation-statement | Replacement filing of confirmation statement with made up date | |
| 2025-10-28 | AA | accounts | Accounts with accounts type full | |
| 2025-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-20 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-21 | MA | incorporation | Memorandum articles | |
| 2024-02-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-02-13 | AA | accounts | Accounts with accounts type full | |
| 2023-10-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-20 | AA | accounts | Accounts with accounts type full | |
| 2022-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-02 | AA | accounts | Accounts with accounts type full | |
| 2021-10-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-07 | AP01 | officers | Appoint person director company with name date | |
| 2021-02-02 | AA | accounts | Accounts with accounts type full | |
| 2020-11-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-01-24 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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 2024-10-31 vs 2023-04-30