PRESTIGE PIPELAYING JV LTD

Active
Company number 12334803Private limited companyIncorporated 2019

Key figures

£2,380,129-7.2%
Net assets 2024/25
+84.3%
Average annual growth 2019/20–2024/25
01 m2 m3 m2019/202020/212021/222022/232023/242024/25

Ratios

2024/25

Sector comparison

SIC 35220

Where the company stands among the 290 active companies whose first SIC code is 35220 (Distribution of gaseous fuels through mains).

Net assets£2,380,129
Higher than 86% · median £30,989
Total assets£4,049,311
Higher than 81% · median £88,205
Cash£1,541,111
Higher than 77% · median £159,247
Employees36
Higher than 94% · median 1
Company age7.0 years
Younger than 56% · median 8.5 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 290. The line on each bar marks the median.

Summary: PRESTIGE PIPELAYING JV LTD

What kind of company is it?

PRESTIGE PIPELAYING JV LTD is a private limited company registered with Companies House under company number 12334803. It was incorporated on 26 Nov 2019. Its status is active. The registered office is in March (PE15). Its nature of business (SIC 2007) is distribution of gaseous fuels through mains (35220), buying and selling of own real estate (68100), other letting and operating of own or leased real estate (68209), other engineering activities (71129).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Nov 2025); the company files medium company accounts. Turnover was £22,787,775. Profit for the year was £2,921,898. Net assets were £2,380,129, down 7.2% on the previous year. Cash at bank and in hand was £1,541,111. The company had an average of 36 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 290 active companies whose first SIC code is 35220: By net assets it ranks higher than 86% of them (median £30,989). By total assets it ranks higher than 81% of them (median £88,205). By cash it ranks higher than 77% of them (median £159,247). By number of employees it ranks higher than 94% of them (median 1). It is younger than 56% of them (median age 8.5 years).

Who runs and controls the company?

The company has 2 current directors. 2 persons with significant control are registered. 1 of 1 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Aug 2027. The next confirmation statement is due by 8 Apr 2027.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Turnover————22,787,775
Profit for the year————2,921,898
Cash at bank and in hand277,546654,9531,138,6762,012,2901,541,111
Total assets993,3972,040,3413,595,8424,128,6194,049,311
Total liabilities—————
Net assets / total equity370,339983,3551,910,6922,565,4322,380,129
Average number of employees1324313436
Average pay (per year)————60,783

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

15 events
  1. Financial year 2024/25 endedAccounts: turnover £22.8m, net assets £2.4m, 36 employees
  2. Financial year 2023/24 endedAccounts: net assets £2.6m, 34 employees
  3. Financial year 2022/23 endedAccounts: net assets £1.9m, 31 employees
  4. Financial year 2021/22 endedAccounts: net assets £983.4k, 24 employees
  5. Financial year 2020/21 endedAccounts: net assets £370.3k, 13 employees
  6. Financial year 2019/20 endedAccounts: net assets £112k, 7 employees
  7. Sheldon Paul CHERRY appointedDirector
  8. Jason James MELNYK appointedDirector
Earlier events (7)
  1. Prestige Pipelaying Ltd registered as a person with significant control
  2. Jm Utility Services Ltd registered as a person with significant control
  3. Mr Jason James Melnyk registered as a person with significant control
  4. Mr Jason James Melnyk ceased to be a person with significant control
  5. Mr Sheldon Paul Cherry registered as a person with significant control
  6. Mr Sheldon Paul Cherry ceased to be a person with significant control
  7. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.