The National Piping Centre
Registered name: THE NATIONAL PIPING CENTRE
The National Piping Centre made £3.3m revenue and £244k profit in the year to 30 Apr 2025.
The National Piping Centre’s revenue was £3.3m in the year to 30 Apr 2025, with £244k profit and 64 employees. The company is classified under “cultural education” and is based in Glasgow; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 34 yrs · since 1992
- Type
- PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.4m | £3.3m | £3.3m |
| Cost of sales | £2.7m | £3.1m | £3m |
| Gross profit | −£249k | £160k | £244k |
| Operating profit | −£249k | £160k | £244k |
| Profit before tax | −£249k | £160k | £244k |
| Profit after tax | −£249k | £160k | £244k |
| Profit (best available) | −£249k | £160k | £244k |
| Employees (average) | 56 | 61 | 64 |
| Ratios | |||
| Profit margin | −10.2% | 4.9% | 7.5% |
| Gross margin | −10.2% | 4.9% | 7.5% |
| Revenue per employee | £43.5k | £53.5k | £51.1k |
| Profit per employee | −£4.4k | £2.6k | £3.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▲33.9% | ▲0.3% |
| Profit growth | — | — | ▲52.4% |
| Headcount growth | — | ▲8.9% | ▲4.9% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 7.5%
- Profit ÷ revenue.
- Gross margin
- 7.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £51.1k
- Revenue ÷ average employees.
- Profit per employee
- £3.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲5%
- Now 64
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- The Piping Centre Trading LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from accounts for the year to 30 Apr 2025 (profit £244k), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 22 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.