{"name":"SDS PIPE SYSTEMS LIMITED","company_number":"01983393","status":"Active","type":"Private Limited Company","incorporated":"1986-01-29","dissolved":null,"registered_office":"Clearwater House, Castlemills, Biddisham, Somerset, United Kingdom, BS26 2RE","postcode":"BS26 2RE","sic_codes":[{"code":22290,"description":"Manufacture of other plastic products"}],"principal_activity":"The principal activity of the company is the manufacture and distribution of large diameter plastic pipes and flood water tanks","previous_names":[{"name":"WEHOLITE LIMITED","changed_on":"2020-03-05"},{"name":"ASSET INTERNATIONAL LIMITED","changed_on":"2019-08-05"},{"name":"ARMCO CONSTRUCTION PRODUCTS LIMITED","changed_on":"1987-02-09"},{"name":"SALERAPID LIMITED","changed_on":"1986-03-13"}],"warnings":[],"accounts":{"category":"Audit Exemption Subsidiary","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":41,"accounts_date":"2023-12-31"},"financials":[{"financial_date":"2023-12-31","net_assets":2428622,"cash":2149670,"average_employees":41},{"financial_date":"2022-12-31","net_assets":2562388,"cash":667349,"average_employees":42},{"financial_date":"2021-12-31","net_assets":2475639,"cash":1228083}],"officers":{"current":1,"resigned":32,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"SDS Pipe Systems Limited presents an acceptable but deteriorating credit profile. The balance sheet remains solvent with £2.43M net assets and liquidity has improved significantly with cash rising to £2.15M, but net assets declined by 5.2% in 2023 and the £1 share capital provides no meaningful equity buffer. The company's subsidiary status and undisclosed intercompany exposures create material uncertainty, while the absence of profit and loss data limits assessment of operational sustainability. Credit can be extended on a conditional basis with appropriate group guarantees and financial covenants.","website":"http://www.assetinternationalltd.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/sds-pipe-systems","people":"https://www.companiesintheuk.co.uk/company/sds-pipe-systems/people","filing_history":"https://www.companiesintheuk.co.uk/company/sds-pipe-systems/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01983393","financials":"https://www.companiesintheuk.co.uk/company/sds-pipe-systems/financial","control":"https://www.companiesintheuk.co.uk/company/sds-pipe-systems/control","charges":"https://www.companiesintheuk.co.uk/company/sds-pipe-systems/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/sds-pipe-systems/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/sds-pipe-systems"}