How much does Pipes & Ropes Services Ltd make?

Pipes & Ropes Services Ltd reported revenue of £92.7k and £37.2k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Pipes & Ropes Services Ltd have?

Pipes & Ropes Services Ltd reported an average of 1 employee in the year to 31 Mar 2026.

Is Pipes & Ropes Services Ltd profitable?

Yes — Pipes & Ropes Services Ltd reported a profit of £37.2k in the year to 31 Mar 2026.

Company No. SC762253 · Incorporated 14 Mar 2023

Pipes & Ropes Services Ltd

Registered name: PIPES & ROPES SERVICES LTD

Pipes & Ropes Services Ltd made £92.7k revenue and £37.2k profit in the year to 31 Mar 2026.

Pipes & Ropes Services Ltd’s revenue grew 33% to £92.7k in the year to 31 Mar 2026, with £37.2k profit and 1 employee. The company is classified under “other construction installation” and is based in Greenock; we hold 3 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation

Status: Active
Location: Greenock, Scotland
Age: 3 yrs · since 2023
Type: Private Limited Company

Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall teamYoung and profitableBoring industry

Revenue

£92.7k

Growth ▲32.8%

Profit

£37.2k

Growth ▲31.2%

Profit margin

40.1%

Employees

Change 0%

Profit / employee

£37.2k

Revenue/employee £92.7k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£69.8k	£92.7k
Profit before tax	—	£33.7k	£44.5k
Profit after tax	—	£28.4k	£37.2k
Profit (best available)	—	£28.4k	£37.2k
Staff costs	—	£22.2k	£29.3k
Employees (average)	1	1	1
Ratios
Profit margin	—	40.6%	40.1%
Revenue per employee	—	£69.8k	£92.7k
Profit per employee	—	£28.4k	£37.2k
Growth (year on year)
Revenue growth	—	—	▲32.8%
Profit growth	—	—	▲31.2%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Net assets	£2.7k	£3.1k	£5.3k
Fixed assets	£14.6k	£14.6k	£15.8k
Current assets	£21.8k	£1.5k	£5k
Source	FilletedAccounts · bulk data May 2024	FilletedAccounts · bulk data Apr 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: 40.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £92.7k; Revenue ÷ average employees.
Profit per employee: £37.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 17.1%; 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.

Indirect — not revenue

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: ▲71%; Now £5.3k
Cash at bank: —; Now —
Headcount: 0%; Now 1
Deferred income: —; Now —
Fixed assets: ▲9%; Now £15.8k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £37.2k), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.