PipeHawk to Sell Loss-Making Utsi Electronics for £1m to Leidi Global Supply

Pipehawk ( (GB:PIP) ) has provided an update.

PipeHawk plc has agreed a binding conditional sale and purchase agreement to dispose of its entire shareholding in subsidiary Utsi Electronics Limited to Hong Kong-based Leidi Global Supply Limited for £1.0 million in cash. The deal, which includes a non-refundable £25,000 deposit and will see the remaining proceeds used to bolster the Group’s working capital, will leave PipeHawk’s activities concentrated on Thomson Engineering Design and Adien. Utsi, whose gross assets were about £430,000 and which made a loss before tax of roughly £464,000 in the year to 30 June 2025, represents a loss-making unit, and its sale is subject to clearance under the UK National Security and Investment Act 2021, creating uncertainty over timing and completion ahead of a long-stop date of 28 February 2026.

The most recent analyst rating on (GB:PIP) stock is a Sell with a £1.00 price target. To see the full list of analyst forecasts on Pipehawk stock, see the GB:PIP Stock Forecast page.

Spark’s Take on GB:PIP Stock

According to Spark, TipRanks’ AI Analyst, GB:PIP is a Underperform.

Pipehawk’s overall stock score is low due to significant financial challenges, bearish technical indicators, and a concerning valuation. The company’s declining revenue, high leverage, and negative equity are major risks, compounded by bearish market momentum and a negative P/E ratio.

To see Spark’s full report on GB:PIP stock, click here.

More about Pipehawk

PipeHawk plc is an AIM-quoted UK engineering group whose operations are focused on its subsidiaries Thomson Engineering Design Limited and Adien Limited. The company provides specialised engineering products and services, with its portfolio previously including Utsi Electronics Limited, and uses disposals and restructuring to support its working capital and operational focus.

Average Trading Volume: 60,442

Technical Sentiment Signal: Sell

Current Market Cap: £562.8K

Learn more about PIP stock on TipRanks’ Stock Analysis page.