PETROLEUM PIPE COMPANY LIMITED

Company TypePrivate Limited
Company Number03022675
Incorporated1995-02-16
IndustryWholesale of other fuels and related products

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Summary

PETROLEUM PIPE COMPANY LIMITED was formed on the 16th February 1995 (filed on the 14th September 2016) , and are based in 33 Lowndes Street, London. They are currently rated F and are considered to represent a below average risk score. Their credit score was last updated on 20th September 2016. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £-563,000 on a turnover of £10,876,000 (down 5% from 2015) .

There is 1 major shareholder listed for PETROLEUM PIPE COMPANY LIMITED with Petroleum Pipe Group Ltd owning the most shares by value.

Addresses

Registered address

40 Holborn Viaduct
London
EC1N 2PZ

Trading address

33 Lowndes Street
London
SW1X 9HX

Financials

31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Cash £10,000 £30,000 £8,000 £9,000 £3,000
Tangible net worth £-1,207,000 £-644,000 £-49,000 £373,000 £-55,000
Current liabilities £7,413,000 £12,399,000 £23,661,000 £18,814,000 £11,069,000
Current assets £6,183,000 £11,722,000 £23,612,000 £19,187,000 £11,014,000
31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Solvency ratios
Current ratio 0.83 0.95 1.00 1.02 1.00
Efficiency ratios
Return on assets -0.09 -0.05 -0.02 0.02 0.00
Return on capital employed 0.47 0.92 8.71 0.98 -2.05
Gearing ratios
Debt to equity ratio 3.24 5.42 10.34 8.22 4.84
Equity ratio 0.37 0.19 0.10 0.12 0.21
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover -80.43 -5.89 -2.18 2.72 0.38

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