RAMSTEEL TUBES LIMITED

SALISBURY HOUSE, LONDON WALL, LONDON, EC2M 5PS

Company Number: 02840856
Incorporation date: 30-Jul-1993
Status: Active
Entity type: Private Limited Company

SIC codes:
24200 Manufacture of tubes, pipes, hollow profiles and related fittings, of steel





SUMMARY

This company is 30.7 years old and is currently active. It is controlled by Tubetrade Plc. The company has positive equity (net assets) of GBP 610.7 thousand which has increased from GBP 564.4 thousand in the previous year. The latest reported revenue figure is GBP 18.3 million which is down -60% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 7 other companies, 1 (14.3%) 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: 31-Dec-2024
Accounts Filed: FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2023 GBP 18,345,292 518,078 457,155 14,587 46,336
31-Mar-2022 GBP 41,505,041 449,883 409,423 10,002 30,458
31-Mar-2021 GBP 27,801,739 392,608 342,071 9,864 40,673
31-Mar-2020 GBP 28,116,634 554,407 515,549 10,213 28,645
31-Mar-2019 GBP 27,176,892 462,318 399,399 17,385 45,534
31-Mar-2018 GBP 18,688,709 286,874 277,454 3,428 5,992


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2023 GBP 373,138 6,589,676 6,036,506 12,002 598,696 610,698
31-Mar-2022 GBP 129,385 15,458,758 14,898,143 12,002 552,360 564,362
31-Mar-2021 GBP 1,916,137 15,605,326 15,082,631 12,002 521,902 533,904
31-Mar-2020 GBP 471,595 15,475,779 15,003,010 12,002 481,229 493,231
31-Mar-2019 GBP 885,609 15,430,234 14,997,934 12,002 452,584 464,586
31-Mar-2018 GBP 183,676 9,601,437 9,183,057 12,002 407,050 419,052

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Paul Roy CAMPBELL 06 May 1999 29 Mar 2024 Solicitor British 10 - 1
Resigned Jane ROBERTS 31 Jul 1997 27 Jan 1999 0 - 2
Resigned CITY GATE SECRETARIES LIMITED 30 Jul 1993 31 Jul 1997 0 - 39

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Paul Andrew MCCAMMON 01 Jul 2010 13 Jul 2011 Accountant British 1 - 20 (0.0%)
Resigned Luis LOPEZ MANCISSIDOR 03 Feb 2003 08 Sep 2006 Director British 0 - 10 (0.0%)
Active Simon John KNOWLES 06 May 1999 Steel Trader British 6 - 11 (14.3%)
Active Godfrey George WATT 06 May 1999 Steel Trader British 4 - 00 (0.0%)
Resigned Jane ROBERTS 31 Jul 1997 27 Jan 1999 Commercial Manager British 0 - 20 (0.0%)
Resigned SWIFT INCORPORATIONS LIMITED 30 Jul 1993 30 Jul 1993 3 - 8028034120 (42.5%)
Active Paul Robert WILSON 30 Jul 1993 Steel Trader British 2 - 11 (33.3%)
Number of active directors: 3
Average tenure of active directors: 26.8 years
Average tenure of resigned directors: 1.5 years
Average active director Dissolution Rate: 15.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
KROMAT TRADING LIMITED (01958200) - Active
TUBETRADE PLC (02187492) - Active
SOUTH WEST STRUCTURALS LIMITED (02346358) - Active
9 PALACE COURT LIMITED (02750260) - Active
RAMSTEEL TUBES LIMITED (02840856) - Active
S.T.F. (MIDLANDS) LIMITED (04502958) - Dissolved
VARITREAD LIMITED (06118191) - Dissolved
LINKSTEEL TRADING LIMITED (07845789) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-07-302014-07-302013-07-302012-07-30
TUBETRADE PLCORDINARY12,002
100%
12,002
100%
12,002
100%
12,002
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

RAMSTEEL TUBES LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 24200 Manufacture of tubes, pipes, hollow profiles and related fittings, of steel)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
HOWCO GROUP PLC FOUNTAIN HOUSE 2ND FLOOR, 1-3 WOODSIDE CRESCENT, GLASGOW, G3 7UL SC079844 2018-03-31 105,646,000 -2,056,000
VALLOUREC OIL & GAS UK LTD. CLYDESDALE WORKS, CLYDESDALE ROAD, BELLSHILL, LANARKSHIRE, ML4 2RR SC147386 2017-12-31 79,163,000 -4,963,000
TI GROUP AUTOMOTIVE SYSTEMS (UK) LIMITED 4650 KINGSGATE CASCADE WAY, OXFORD BUSINESS PARK SOUTH, OXFORD, OXFORDSHIRE, OX4 2SU 00784687 2018-12-31 35,344,000 41,785,000
FINE TUBES LIMITED 2 NEW STAR ROAD, LEICESTER, LEICESTERSHIRE, UNITED KINGDOM, LE4 9JD 00381159 2017-12-31 40,899,000 1,509,000
A C STEELS LTD INTERNATIONAL HOUSE, FRYERS ROAD, BLOXWICH, WALSALL, WS2 7LY 06759649 2017-12-31 20,388,316 0
GAME HOLDINGS LIMITED CAMP ROAD, WITHAM ST. HUGHS, LINCOLN, LINCOLNSHIRE, LN6 9TW 02102980 2018-03-31 6,136,039 0
MR GATES FABRICATION SPECIALISTS LIMITED BUILDING 18, GATEWAY 1000 WHITTLE WAY, ARLINGTON BUSINESS PARK, STEVENAGE, HERTFORDSHIRE, ENGLAND, SG1 2FP 06883838 2018-04-30 2,549,602 0
BARON SPRINGS LTD 70 STRATHCLYDE STREET, GLASGOW, G40 4JR SC265454 2018-04-30 86,105 0
AMT WELDING LIMITED 32 RIDGEWAY, PETERBOROUGH, ENGLAND, PE2 8HQ 08995207 2019-03-31 55,293 0
C BRADLEY FABRICATIONS LIMITED 23 WORDSWORTH ROAD, BEDWORTH, ENGLAND, CV12 9HB 06198879 2019-04-30 4,278 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
RAMSTEEL TUBES LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
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 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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