TANGENT TRADING LIMITED

155 BISHOPSGATE, LONDON, EC2M 3TQ

Company Number: 01900671
Incorporation date: 29-Mar-1985
Status: Active
Entity type: Private Limited Company

SIC codes:
46720 Wholesale of metals and metal ores





SUMMARY

This company is 39 years old and is currently active. It is controlled by Tangent Trading Holdings Limited. The company has positive equity (net assets) of GBP 19.9 million which has increased from GBP 19.3 million in the previous year. The latest reported revenue figure is GBP 195.4 million which is up 10% on previous year's figure of GBP 170.8 million. The company has 4 active officers (directors or partners) who are or were officers of 16 other companies, 3 (18.8%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
30-Jun-2019 GBP 195,401,663 1,924,651 147,785 5,896 401,725 1,664,815
30-Jun-2017 GBP 170,780,938 2,877,102 15,629 997 592,718 2,299,016
30-Jun-2016 GBP 152,640,708 3,743,238 26,043 1,283 756,733 3,011,265
30-Jun-2015 GBP 184,487,629 4,593,539 29,403 227 975,442 3,647,273
30-Jun-2014 GBP 223,742,969 2,343,662 14,552 534,990 1,823,224
30-Jun-2013 GBP 269,220,726 5,743,355 13,871 1,352,857 4,404,369
30-Jun-2011 GBP 284,783,184 8,150,118 13,266 592,263 2,099,344 5,471,777
30-Jun-2010 GBP 246,420,908 4,007,382 8,248 745,861 62,443 207,326
30-Jun-2009 GBP 138,969,175 630,357 126,802 397,161 60,772 199,226
30-Jun-2008 GBP 497,672,546 341,490 301,780 406,893 54,418 181,959


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Jun-2019 GBP 2,966,382 36,512,163 16,675,828 10,536 9,464 19,867,233
30-Jun-2017 GBP 2,725,141 28,162,783 8,901,328 10,536 9,464 19,337,084
30-Jun-2016 GBP 2,495,210 34,986,856 16,347,560 10,536 9,464 18,738,068
30-Jun-2015 GBP 3,335,112 30,564,182 11,452,041 10,536 19,206,803 19,226,803
30-Jun-2014 GBP 1,724,825 31,283,973 14,823,559 10,536 16,522,870 16,542,870
30-Jun-2013 GBP 1,620,801 33,996,812 18,373,099 10,536 15,662,986 15,682,986
30-Jun-2011 GBP 6,056,793 30,802,254 21,236,205 9,641,663 9,661,663
30-Jun-2010 GBP 3,168,700 27,186,303 23,111,679 11,538 4,169,886 4,189,886
30-Jun-2009 GBP 2,829,195 17,049,472 13,143,554 11,538 3,962,560 3,982,560
30-Jun-2008 GBP 1,708,100 21,351,484 17,658,129 11,538 3,763,334 3,783,334

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Jun-2013 GBP 100.00% 10,536 0 10,536 -3,833,529
30-Jun-2011 GBP inf% -11,538 11,538 0 -4,606,978
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Scott LINSLEY 02 Mar 2020 29 Mar 2024 1 - 0
Resigned Naushina REID 28 Feb 1986 02 Mar 2020 British 0 - 3

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Simon James VAN DEN BORN 02 Mar 2020 Company Director Dutch 5 - 11 (16.7%)
Resigned Paolo Roberto TONUCCI 02 Mar 2020 22 Jun 2023 Company Director British 7 - 65 (38.5%)
Active Nigel George William GRACE 02 Mar 2020 Company Director British 9 - 73 (18.8%)
Resigned Julian David TAYLOR 22 Jan 2016 02 Mar 2020 Metals Trader British 5 - 61 (9.1%)
Active Robert Alexander BORLAND 31 Jul 2012 Metal Trader British 2 - 00 (0.0%)
Active Darren Howard LEIGH 09 Oct 1991 Metal Trader British 3 - 00 (0.0%)
Resigned Naushina REID 09 Oct 1991 02 Mar 2020 Director British 0 - 30 (0.0%)
Resigned Lee Martin ISAACS 01 May 1986 09 Oct 1991 Director British 2 - 136 (40.0%)
Resigned Julian David TAYLOR 02 Mar 2020 Metals Trader British 5 - 61 (9.1%)
Number of active directors: 4
Average tenure of active directors: 13.1 years
Average tenure of resigned directors: 8.3 years
Average active director Dissolution Rate: 8.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
TANGENT TRADING LIMITED (01900671) - Active
ECOM AGROTRADE LIMITED (03576004) - Active
SPECTRON SERVICES LIMITED (03697505) - Active
MAREX SPECTRON INTERNATIONAL LIMITED (03938219) - Active
ARMAJARO OVERSEAS LIMITED (04265875) - Active
ARMAJARO COFFEE LIMITED (04557883) - Active
MAREX FINANCIAL (05613061) - Active
BIP TRADING (UK) LIMITED (06411754) - Liquidation
ARMAJARO SOURCING LIMITED (06623831) - Dissolved
NANOLYTICS CAPITAL ADVISORS LIMITED (06643953) - Active
ARMAJARO TRADING GROUP LIMITED (07230715) - Active - Proposal to Strike off
CSC COMMODITIES UK LIMITED (08714321) - Active
MARQUEE OIL BROKING LIMITED (09320702) - Liquidation
VOLCAP TRADING PARTNERS LIMITED (09445686) - Active
TANGENT TRADING HOLDINGS LIMITED (09965587) - Active
LRS PROPERTY GROUP LIMITED (10192983) - Active
MAREX TRADING INTERNATIONAL LIMITED (12948692) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-09-212016-09-212015-09-212014-09-212013-09-21
TANGENT TRADING HOLDINGS LIMITEDA ORDINARY GBP17,962
75.6%
7,962
75.6%
0
0%
0
0%
0
0%
TANGENT TRADING HOLDINGS LIMITEDB ORDINARY GBP12,574
24.4%
2,574
24.4%
0
0%
0
0%
0
0%
JULIAN DAVID TAYLORA ORDINARY GBP10
0%
0
0%
5,388
51.1%
5,388
51.1%
5,388
51.1%
NAUSHINA REIDA ORDINARY GBP10
0%
0
0%
2,574
24.4%
2,574
24.4%
2,574
24.4%
DARREN HOWARD LEIGHB ORDINARY GBP10
0%
0
0%
2,574
24.4%
2,574
24.4%
2,574
24.4%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

TANGENT TRADING LIMITED

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 22 0% 35% 80324
2023-01-01 2023-06-30 23 0% 38% 74896
2022-07-01 2022-12-31 24 1% 43% 67623
2022-01-01 2022-06-30 23 0% 39% 59290
2021-07-01 2021-12-31 23 0% 27% 53529
2020-01-01 2020-06-30 14 0% 0% 33016
2019-07-01 2019-12-31 14 0% 0% 27956
2019-01-01 2019-06-30 14 0% 0% 18107
2018-07-01 2018-12-31 14 0% 0% 9610
2018-01-01 2018-06-30 14 0% 0% 5865
2017-07-01 2017-12-31 14 0% 0% 700


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 46720 Wholesale of metals and metal ores)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LIBERTY COMMODITIES LIMITED C/O MARBLE POWER LTD, 1ST FLOOR, 3 MORE LONDON PLACE, LONDON, UNITED KINGDOM, SE1 2RE 03349135 2017-12-31 4,071,057,380 9,506,373 46900-Non-specialised wholesale trade
KAZ MINERALS SALES LIMITED 7TH FLOOR, 83, VICTORIA STREET,, LONDON, SW1H 0HW 06322809 2017-12-31 1,775,000,000 68,000,000
OCEAN PARTNERS UK LIMITED THE PEARCE BUILDING, WEST STREET, MAIDENHEAD, ENGLAND, SL6 1RL 05171451 2017-12-31 1,613,199,000 9,125,000
MINMETALS (U.K) LIMITED 5A PRAED STREET, LONDON, W2 1NJ 01899182 2017-12-31 827,347,828 638,178
SIMEC INTERNATIONAL (UK) LIMITED BIRDPORT, CORPORATION ROAD, NEWPORT, SOUTH WALES, UNITED KINGDOM, NP19 4RE 07643854 2017-11-30 595,558,575 7,620,061
BERKELEY COMMODITIES LIMITED FIFTH FLOOR WATSON HOUSE, 54-60 BAKER STREET, LONDON, UNITED KINGDOM, W1U 7BU 03104212 2017-12-30 558,090,340 809,637
HONDA TRADING EUROPE LIMITED 1 MORE LONDON PLACE, LONDON, SE1 2AF 02465436 2018-03-31 541,492,000 5,725,000 46760-Wholesale of other intermediate products
AAR TEE COMMODITIES (UK) LTD. 3RD FLOOR,, 33 CAVENDISH SQUARE, LONDON, ENGLAND, W1G 0PW 08143121 2017-09-30 501,659,424 129,030
AALCO METALS LIMITED PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP 03551533 2017-12-31 385,186,295 21,326,376
BARRETT STEEL LIMITED BARRETT HOUSE, CUTLER HEIGHTS LANE, DUDLEY HILL, BRADFORD, BD4 9HU 02755663 2018-09-30 317,655,000 3,958,000 70100-Activities of head offices
STEMCOR LONDON LIMITED LONGBOW HOUSE, 14-20 CHISWELL STREET, LONDON, ENGLAND, EC1Y 4TW 07764918 2017-12-31 314,588,000 -5,331,000
ASD LIMITED VALLEY FARM ROAD, STOURTON, LEEDS, LS10 1SD 01370600 2017-12-31 232,461,000 -2,306,000
TANGENT TRADING LIMITED 155 BISHOPSGATE, LONDON, ENGLAND, EC2M 3TQ 01900671 2018-06-30 216,394,319 1,770,334
EDGEN MURRAY EUROPE LIMITED VINTNERS PLACE, UPPER THAMES STREET, LONDON, ENGLAND, EC4V 3BJ 01241058 2018-03-31 190,238,000 -12,199,000
DEREK RAPHAEL & COMPANY LIMITED 8-10 CASTLE STREET, CASTLE STREET, CIRENCESTER, ENGLAND, GL7 1QA 01153094 2017-12-31 178,651,743 5,228,152
DUFERCO UK LIMITED DUFERCO HOUSE, BUNTSFORD PARK ROAD, BROMSGROVE, WORCESTERSHIRE, B60 3DX 03538773 2018-09-30 164,067,000 455,000
HARGREAVES (UK) SERVICES LIMITED WEST TERRACE ESH WINNING, DURHAM, DH7 9PT 03735251 2018-05-31 162,283,000 4,428,000 49410-Freight transport by road
SEBDEN STEEL SERVICE CENTRES LIMITED CRAVEN HOUSE CRAVEN ROAD, BROADHEATH, ALTRINCHAM, CHESHIRE, WA14 5HE 02553464 2018-04-30 157,497,000 3,721,000
STEMCOR DISTRIBUTION LIMITED LONGBOW HOUSE, 14-20 CHISWELL STREET, LONDON, ENGLAND, EC1Y 4TW 00759991 2017-12-31 143,256,000 135,000
A.J.N. STEELSTOCK LTD. ICKNIELD WAY, KENTFORD, NEWMARKET, SUFFOLK, CB8 7QT 00689647 2018-04-30 117,795,829 3,706,781
RAINHAM STEEL COMPANY LIMITED ORBITAL HOUSE, 20 EASTERN ROAD, ROMFORD, ESSEX, ENGLAND, RM1 3PJ 01093531 2018-03-31 114,452,988 2,730,720
RAINHAM STEEL COMPANY LIMITED ORBITAL HOUSE, 20 EASTERN ROAD, ROMFORD, ESSEX, ENGLAND, RM1 3PJ 01093531 2018-03-31 114,452,988 0
TW METALS LIMITED MAJESTIC ROAD, NURSLING ESTATE, NURSLING, SOUTHAMPTON, SO16 0AF 00961098 2017-12-31 111,178,000 3,960,000
PRESS METAL UK LIMITED PRESS METAL UK LIMITED BELDRAY ROAD, MOUNT PLEASANT, BILSTON, ENGLAND, WV14 7NH 03653082 2017-12-31 91,724,314 2,426,286
T G COMMODITIES LIMITED C/O MARBLE POWER LTD, 1ST FLOOR, 3 MORE LONDON PLACE, LONDON, UNITED KINGDOM, SE1 2RE 03684340 2012-07-30 81,221,704 334,133
BLACKBURNS METALS LIMITED PARKWAY HOUSE UNIT 6, PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP 04632083 2017-12-31 79,303,640 -2,660,935
RIGHTON & BLACKBURNS LIMITED PARKWAY HOUSE UNIT 6, PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP 00143411 2017-12-31 75,103,510 1,605,483
NATIONAL TUBE STOCKHOLDERS LIMITED DALTON INDUSTRIAL ESTATE, DALTON, NR THIRSK, NORTH YORKSHIRE, YO7 3HE 01897183 2013-12-31 69,562,143 4,261,158
AVAS TRADING LTD 6TH FLOOR, 2 KINGDOM STREET, LONDON, UNITED KINGDOM, W2 6JP 08811005 2017-12-31 51,120,072 0
ASCOR UK LIMITED AMP HOUSE, 66A, DEVONSHIRE ROAD, LONDON, ENGLAND, NW7 1LL 09807897 2018-12-31 39,338,473 0
FOWLE & CO LIMITED TREMLON HOUSE, MENZIES ROAD, HASTINGS, EAST SUSSEX, ENGLAND, TN38 9BQ 00973101 2017-07-31 39,215,312 0
ATLANTIC STEEL PROCESSING LIMITED ATLANTIC QUAY, VITTORIA DOCK DUKE STREET, BIRKENHEAD, MERSEYSIDE, CH41 1EY 04141157 2017-12-31 28,843,915 0
STEELCO (UK) LIMITED TREMLON HOUSE, MENZIES ROAD, HASTINGS, EAST SUSSEX, ENGLAND, TN38 9BQ 02319502 2017-07-31 23,436,031 0
AVON SPECIALTY METALS LIMITED UNIT 2, CENTURION INDUSTRIAL ESTATE, EMPIRE WAY, GLOUCESTER, GLOUCESTERSHIRE, ENGLAND, GL2 5HY 08165136 2018-06-30 21,442,908 0
D H STAINLESS LIMITED PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP 04263619 2017-12-31 15,398,264 0
LEEN GATE METALS LIMITED REDFIELD ROAD, LENTON, NOTTINGHAM, NOTTINGHAMSHIRE, NG7 2UJ 04005727 2017-09-30 15,241,706 0
MASTEEL (UK) LIMITED 35 WILKINSON STREET, SHEFFIELD, ENGLAND, S10 2GB 04500564 2018-08-31 12,360,151 0
METALMIN & CO UK LIMITED 1066 LONDON ROAD, LEIGH-ON-SEA, ESSEX, SS9 3NA 01181608 2018-03-31 8,125,134 0
SPECIAL PIPING MATERIALS (HOLDINGS) LIMITED UNIT 26 GLOBE LANE INDUSTRIAL ESTATE, BROADWAY, DUKINFIELD, CHESHIRE, SK16 4UU 08699508 2017-12-31 6,664,733 0
MORELLE DAVIDSON (UK) LIMITED GABLE HOUSE 239 REGENTS PARK ROAD, FINCHLEY, LONDON, N3 3LF 03716720 2018-03-31 6,211,597 0 46900-Non-specialised wholesale trade
47789-Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)
95250-Repair of watches, clocks and jewellery
EUROPAN METAL CENTRE LIMITED 67 PARKSIDE WAY, HARROW, MIDDLESEX, HA2 6DB 04457859 2018-03-31 5,502,224 0
EXPRESS METAL SERVICES LIMITED PARKWAY HOUSE UNIT 6 PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP 04474433 2017-08-31 4,218,300 0
M & L SHEET METAL LIMITED 15 STATION ROAD, ST. IVES, CAMBRIDGESHIRE, PE27 5BH 03290355 2017-12-31 2,512,812 0
N.T. STEEL SERVICES LTD UNIT 3 / 3A METNOR BUSINESS PARK, HADRIAN ROAD, WALLSEND, TYNE AND WEAR, NE28 6HH 05647111 2018-01-31 2,418,836 0
PIPEXTRA STAINLESS LTD. UNIT 2B RED ROSE COURT, SUNNYHURST ROAD, BLACKBURN, BB2 1PS 03051764 2018-04-30 2,225,922 0
CB STEELS LIMITED 20 LULWORTH, WROTHAM ROAD, CAMDEN TOWN, LONDON, NW1 9SS 07505937 2017-07-31 1,566,166 0
STEELPARK TRADING LIMITED 8 FAIRCROSS WAY, ST. ALBANS, HERTFORDSHIRE, AL1 4SD 07277891 2018-06-30 1,446,841 0
SPEED ALLOYS LIMITED 15 STATION ROAD, ST. IVES, CAMBRIDGESHIRE, PE27 5BH 03313250 2018-02-28 1,097,701 0
JOHNSTON METALS HIGHLAND LTD 3 BURNETT ROAD, INVERNESS, IV1 1TF SC420097 2017-05-31 530,295 0
ANGLO ARABIAN METALS LIMITED 15 DANYGRAIG AVENUE, PORTHCAWL, MID GLAMORGAN, CF36 5AA 08447016 2018-04-30 507,297 0
WESTGATE ALUMINIUM EXTRUSION LTD WESTGATE HOUSE MIDDLEMORE LANE WEST, ALDRIDGE, WALSALL, WS9 8BG 09024588 2018-04-30 356,213 0
INTERNAT STEEL SUPPLIES LIMITED 17 RANGEMORE HALL MEWS, RANGEMORE, BURTON-ON-TRENT, ENGLAND, DE13 9RE 01371962 2017-12-31 118,719 0
JAZSOFT LIMITED 34 HOLMWOOD ROAD, CHEAM, SUTTON, SURREY, SM2 7JP 03517089 2018-02-28 282 0 62012-Business and domestic software development
QUEST 4 ALLOYS (ASIA) LIMITED FUSION HOUSE, THE CRESCENT, WILLENHALL, WEST MIDLANDS, WV13 2QR 09392857 2019-01-31 0 0
TIVALEX LIMITED 612 ROCHESTER WAY, LONDON, SE9 1RL 09339114 2018-12-31 0 0
COBHAM ALUMINIUM & STAINLESS HOLDINGS LIMITED PARKWAY HOUSE UNIT 6, PARKWAY INDUSTRIAL ESTATE, PACIFIC AVENUE, WEDNESBURY, WEST MIDLANDS, ENGLAND, WS10 7WP 07543335 0000-00-00 0 0
HAMBLETON NTS LIMITED DALTON AIRFIELD DALTON AIRFIELD, DALTON, THIRSK, NORTH YORKSHIRE, YO7 3JN 08794204 0000-00-00 0 0
KAZ MINERALS PLC 7TH FLOOR, 83, VICTORIA STREET,, LONDON, SW1H 0HW 05180783 0000-00-00 0 0 96090-Other service activities not elsewhere classified
THE SEBDEN GROUP LIMITED CRAVEN HOUSE, CRAVEN ROAD BROADHEATH, ALTRINCHAM, CHESHIRE, WA14 5HE 03192327 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
TANGENT TRADING LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector 0.4% 3.9% 8.1% Medium
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
Do you have a dispute with a business?
Make it public