MAINLINE PIPELINES LIMITED - Profile & Financials

Accounts Submitted 5 Aug 2025

Confirmation Statement Submitted 10 Jul 2025

Net assets £86.97M £6.02M 2024 year on year

Total assets £159.30M £9.34M 2024 year on year

Total Liabilities £72.33M £3.32M 2024 year on year

Charges 1

1 satisfied

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Contact & Details

Contact

Update Details

Registered Address

27th Floor 1 Canada Square Canary Wharf London E14 5AA United Kingdom

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

N/A

Net Assets

£86.97M

Increased by £6.02M (+7%)

Total Liabilities

£72.33M

Increased by £3.32M (+5%)

Turnover

£18.24M

Decreased by £951.00k (-5%)

Employees

Decreased by 1 (-6%)

Debt Ratio

45%

Decreased by 1 (-2%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

3 active 62 resigned

Show resigned officers

						Status
Law Debenture Corporate Services Limited	Corporate-secretary	United Kingdom	Unknown	—	30 Jan 2017	Active
Timothy Francis Rudd	Director	British	Wales	37	20 May 2021	Active
Timothy Nigel Smith	Director	British	United Kingdom	55	16 Aug 2021	Active

Shareholders

Shareholders (2)


Valero Logistics Uk Limited	100.0%	1,500	Ordinary Shares Of 10p	20 Jul 2016
Valero Energy Uk Ltd	0.0%	0	Ordinary Shares Of 10p	20 Jul 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Valero Logistics Uk Ltd

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent

See All Controllers

Group Structure

VALERO LOGISTICS UK LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

VALERO ENERGY LTD united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

VALERO HOLDCO UK LTD united kingdom

MAINLINE PIPELINES LIMITED Current Company

Charges

1 satisfied

Documents

Company Filings

Date	Category	Description	Document
5 Aug 2025	Accounts	Annual accounts made up to 2024-12-31	View(28 pages)
10 Jul 2025	Confirmation Statement	Confirmation statement made on 2025-07-08 with no updates	View(3 pages)
11 Sept 2024	Accounts	Annual accounts made up to 2023-12-31	View(27 pages)
11 Jul 2024	Confirmation Statement	Confirmation statement made on 2024-07-08 with no updates	View(3 pages)
2 Sept 2023	Accounts	Annual accounts made up to 2022-12-31	View(27 pages)