Company Overview
Team Precision Pipe Assemblies Limited is listed at the official companies registry as In Administration Private Limited Company. The company was incorporated on Wednesday 17 June 2009, so this is a well established company. Team Precision Pipe Assemblies Limited has been in business for 16 years and 9 months. The accounts status is full and the accounts are next due on Friday 30 June 2023.
Registered Address

C/O Ernst & Young Llp, The Paragon 32 Counterslip, Bristol, BS1 6BX
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Companies House Data
Company NameTEAM PRECISION PIPE ASSEMBLIES LIMITED
Company Number06936831
Registered Office AddressC/O ERNST & YOUNG LLP
 The Paragon 32 Counterslip
 BS1 6BX
Company CategoryPrivate Limited Company
Company StatusIn Administration
Country of OriginUnited Kingdom
Incorporation Date17/06/2009
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2023
Accounts Last Made Up Date30/09/2021
Accounts Account CategoryFULL
Returns Next Due Date15/07/2017
Returns Last Made Up Date17/06/2016
Directors & Members
Show Resigned
Nigel Trilk - Director
(British, 61 years old, born February 1965)
Appointed 17 June 2009
Active
Martin Urquhart - Director
(British, 58 years old, born May 1968)
Appointed 17 June 2009
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Nigel Trilk
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Martin Urquhart
ADVANCED COATED PRODUCTS LIMITED
BAYSWATER TUBES & SECTIONS LIMITED
BRIGHTBOROUGH ASSETS LIMITED
BRIGHTBOROUGH CAPITAL LIMITED
BRIGHTBOROUGH EQUIPMENT LIMITED
BRIGHTBOROUGH GROUP LIMITED
BRIGHTBOROUGH HOLDINGS LIMITED
BRIGHTBOROUGH NEWCO10 LIMITED
BRIGHTBOROUGH NEWCO11 LIMITED
BRIGHTBOROUGH NEWCO3 LIMITED
BRIGHTBOROUGH NEWCO4 LIMITED
BRIGHTBOROUGH NEWCO5 LIMITED
BRIGHTBOROUGH NEWCO6 LIMITED
BRIGHTBOROUGH NEWCO7 LIMITED
BRIGHTBOROUGH NEWCO8 LIMITED
BRIGHTBOROUGH NEWCO9 LIMITED
BRIGHTBOROUGH PROPERTY LIMITED
EDUKIDS LIMITED
FOOTEE LIMITED
GAW5713 LIMITED
GUISTON LIMITED
LIONWASP LIMITED
MENMOE HOLDINGS LIMITED
MN340 LIMITED
MN341 LIMITED
MN350 LIMITED
MN353 LIMITED
MOTIVATED LIMITED
MUNTCO 1 LIMITED
OXFORD PIXEL TECHNOLOGY LIMITED
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REGENTS PARK SPECIAL PURPOSE 2 LLP
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Balance Sheet Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Balance Sheet
Fixed Assets 2,869 2,625 1,981
Current Assets 3,694 2,270 3,069
Creditors Due Within One Year 4,582 2,428 2,954
Working Cap -888 -158 115
Total Assets Less Current Liabilities 1,981 2,467 2,096
Long-term Liabilities 1,672 1,749 733
Net Assets 309 718 1,363
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 309 718 1,363
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Tangible Fixed Assets - - -
Fixed Assets 43.7% 53.6% 39.2%
Stocks Inventory - - -
Debtors 34.7% 26.7% 37.7%
Cash Bank In Hand 0.1% 1.5% 1.1%
Current Assets 56.3% 46.4% 60.8%
Creditors Due Within One Year 69.8% 49.6% 58.5%
Net Current Assets Liabilities -13.5% -3.2% 2.3%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 4.7% 14.7% 27.0%
Capital Employed - - -
Total Assets Less Current Liabilities 30.2% 50.4% 41.5%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Liquidity Ratio 0.8 0.9 1.0
Solvency Ratio 1.0 1.2 1.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 10
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2021 30-Sep-2020 30-Sep-2019
Assets 6,563 4,895 5,050
Debt 6,254 4,177 3,687
Net Assets/Debt 309 718 1,363
As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows In Administration.

Unlock full report  As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows In Administration.  As at the balance sheet date short term liquid assets were less than current debt. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date. Information provided by Companies House shows In Administration.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Part of the property or undertaking has been released and no longer forms part of charge 069368310006
Part of the property or undertaking has been released and no longer forms part of charge 069368310007
Part of the property or undertaking has been released and no longer forms part of charge 069368310010
Part of the property or undertaking has been released and no longer forms part of charge 069368310008
Statement of affairs with form AM02SOA
Notice of deemed approval of proposals
Statement of administrator's proposal
Registered office address changed from Parc Hendre Capel Hendre Ammanford SA18 3FA Wales to The Paragon 32 Counterslip Bristol BS1 6BX on 9 March 2023
Appointment of an administrator
Confirmation statement made on 17 June 2022 with no updates
Satisfaction of charge 069368310007 in part
Satisfaction of charge 069368310006 in part
Satisfaction of charge 069368310010 in part
Satisfaction of charge 069368310008 in part
Confirmation statement made on 17 June 2021 with no updates
Registration of charge 069368310010, created on 8 July 2020
Satisfaction of charge 069368310009 in full

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