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NATIONAL TUBE STOCKHOLDERS LIMITED

#01897183 · Active · Group / consolidated · Incorporated 1985-03-19 (41y 7m) · Last filing 2026-09-23 (1mo ago)
Consumer Discretionary · SIC 46720 · G Wholesale & Retail Trade; Repair of Motor Vehicles · Group accounts
Accounts due 2027-09-30 (in 11 months) · Confirmation due 2026-11-24 (in 33 days) · No watchouts on the register

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Cash

£1.2m

-47.7% vs 2024

Net assets

£46m

-5.2% lowest in 3 filed years

Employees

213

-0.5% vs 2024

Profit before tax

£227k

-94.8% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £102,772,724£90,224,043£82,195,562 -8.9%
Operating profit £8,340,938£4,675,666£509,547 -89.1%
Profit before tax £8,030,528£4,387,618£226,919 -94.8%
Net profit £6,336,625£3,294,066-£41,003 -101.2%
Cash £1,197,959£2,365,821£1,237,983 -47.7%
Total assets less current liabilities £54,752,420£51,870,699£48,464,669 -6.6%
Net assets £50,336,291£48,630,357£46,089,354 -5.2%
Equity £50,336,291£48,630,357£46,089,354 -5.2%
Average employees 208214213 -0.5%
Wages £10,598,458£10,258,099£10,291,728 +0.3%
Directors' remuneration ——— —

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 8.1%5.2%0.6%
Net margin 6.2%3.7%-0.0%
Return on capital employed 15.2%9.0%1.1%
Gearing (liabilities / total assets) 28.4%27.5%35.9%
Current ratio 3.43x3.28x2.30x
Interest cover 26.82x16.19x1.79x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. NATIONAL TUBE STOCKHOLDERS LIMITED 1998-05-07 → present
  2. N T S MECHANICAL TUBES LIMITED 1993-04-14 → 1998-05-07
  3. NORTHERN TUBE STOCKHOLDERS LIMITED 1985-08-02 → 1993-04-14
  4. HEAVY WALL TUBES LIMITED 1985-03-19 → 1985-08-02

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Armstrong Watson Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis.”

Group structure

  1. NATIONAL TUBE STOCKHOLDERS LIMITED · parent
    1. National Steel Stock Ltd 100% · England · Dormant company
    2. John Bell Pipeline Equipment Company Limited 100% · Scotland · Sale and marketing of steel tubes and valves
    3. Bianco International Ltd 100% · Scotland · Sale and marketing of steel tubes and valves

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 10 resigned

Name Role Appointed Born Nationality
CARTWRIGHT, Francesca Melissa Heather Secretary 2019-11-18 — —
BIANCO, Jeanne Martine Elizabeth Director 2002-11-14 Jul 1971 British
BIANCO, Paolo Director 2011-12-01 Mar 1969 Italian
Show 10 resigned officers
Name Role Appointed Resigned
BIANCO, Jeanne Martine Elizabeth Secretary 2011-11-29 2013-02-01
CLASPER, Norman Secretary — 1995-10-02
ELDERS, Malcolm John Secretary 2013-02-01 2019-11-18
HENDRY, Gordon Secretary 1995-10-02 2011-06-30
BIANCO, Jean Guy Director — 2011-12-01
BIANCO, Robert Jean Francois Director — 2011-04-01
CAPPUCCIO, Angelo Director — 2005-12-31
CLASPER, Norman Director — 1995-10-02
HENDRY, Gordon Director 1997-10-13 2011-06-30
HENDRY, Gordon Director — 1995-08-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Hambleton Nts Ltd Corporate entity Shares 25–50% 2016-06-30 Active
Sicam Spa Corporate entity Shares 25–50% 2016-06-30 Active

Filing timeline

Last 20 of 132 total filings

Date Type Category Description
2026-09-23 AA accounts Accounts with accounts type group PDF
2025-11-27 CH01 officers Change person director company with change date PDF
2025-11-13 AD02 address Change sail address company with old address new address PDF
2025-11-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-30 AA accounts Accounts with accounts type group PDF
2024-11-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-30 AA accounts Accounts with accounts type group PDF
2024-09-13 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2023-11-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-29 AA accounts Accounts with accounts type group PDF
2022-12-12 AA accounts Accounts with accounts type group PDF
2022-11-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-11-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-30 AA accounts Accounts with accounts type group PDF
2020-12-29 AA accounts Accounts with accounts type group PDF
2020-11-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-11-18 AP03 officers Appoint person secretary company with name date PDF
2019-11-18 TM02 officers Termination secretary company with name termination date PDF
2019-11-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-09-24 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page