TUBETRADE PLC
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Cash
£1.1m
+280.7% highest in 6 filed years
Net assets
£1.8m
+6.7% highest in 6 filed years
Employees
13
+8.3% highest in 6 filed years
Profit before tax
£149k
-37.9% vs 2025
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £9,987,374 | £13,480,499 | £14,201,393 | £12,520,140 | £11,103,632 | £11,227,807 | +1.1% | |
| Operating profit | £341,042 | £310,877 | £480,282 | £688,963 | £726,910 | £540,265 | -25.7% | |
| Profit before tax | £109,445 | £120,354 | £177,581 | £147,995 | £240,197 | £149,240 | -37.9% | |
| Net profit | £82,660 | £97,789 | £160,126 | £88,778 | £172,543 | £113,109 | -34.4% | |
| Cash | £351,102 | £52,604 | £23,893 | £641,416 | £276,968 | £1,054,391 | +280.7% | |
| Total assets less current liabilities | £1,169,490 | £1,267,279 | £1,427,405 | — | £1,688,726 | £1,801,835 | +6.7% | |
| Net assets | — | — | — | £1,516,183 | £1,688,726 | £1,801,835 | +6.7% | |
| Equity | £1,169,490 | £1,267,279 | £1,427,405 | £1,516,183 | £1,688,726 | £1,801,835 | +6.7% | |
| Average employees | 12 | 10 | 10 | 12 | 12 | 13 | +8.3% | |
| Wages | £639,767 | £828,421 | £772,648 | £690,486 | £578,559 | £683,799 | +18.2% | |
| Directors' remuneration | £371,961 | £504,615 | £444,710 | £430,987 | £292,500 | £355,375 | +21.5% | |
| Directors' pension contributions | — | — | — | £2,642 | — | — | — | |
| Highest paid director | — | — | — | £259,000 | £208,821 | £181,321 | -13.2% |
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 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.4% | 2.3% | 3.4% | 5.5% | 6.5% | 4.8% | |
| Net margin | 0.8% | 0.7% | 1.1% | 0.7% | 1.6% | 1.0% | |
| Return on capital employed | 29.2% | 24.5% | 33.6% | — | 43.0% | 30.0% | |
| Gearing (liabilities / total assets) | — | — | — | 84.7% | 81.6% | 80.7% | |
| Current ratio | — | — | — | 1.09x | 1.12x | 1.14x | |
| Interest cover | 1.07x | 0.94x | 0.86x | 1.00x | 1.17x | 0.93x |
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 1 time since incorporation
- TUBETRADE PLC 1988-07-07 → present
- DUTYZONE PLC 1987-11-03 → 1988-07-07
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Cottons Accountants LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”
Group structure
- TUBETRADE PLC · parent
- Ramsheel Tubes Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMPBELL, Paul Roy | Secretary | — | — | British |
| HOWELLS, David Anthony | Director | 1999-01-11 | Jun 1959 | British |
| KNOWLES, Simon John | Director | — | Feb 1956 | British |
| MCCAMMON, Paul Andrew | Director | 2019-05-01 | Aug 1972 | British |
| WATT, Godfrey George | Director | 1997-01-01 | Mar 1951 | British |
| WILSON, Paul Robert | Director | 2004-05-25 | Aug 1961 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CALVO, Arturo Perez | Director | — | 1997-01-01 |
| LOPEZ-MANCISIDOR, Luis | Director | — | 2006-09-08 |
| MCCAMMON, Paul Andrew | Director | 2010-07-01 | 2011-07-13 |
| REILLY, Derek John | Director | 1999-01-11 | 2004-05-25 |
| VAVIER, Cortez Pereda | Director | — | 1997-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| South West Structurals Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 159 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-04 | AA | accounts | Accounts with accounts type full | |
| 2026-06-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-06-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-09-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-08-05 | AA | accounts | Accounts with accounts type full | |
| 2025-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-10 | CH03 | officers | Change person secretary company with change date | |
| 2024-08-21 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-28 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-22 | AA | accounts | Accounts with accounts type full | |
| 2023-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2022-09-26 | CH01 | officers | Change person director company with change date | |
| 2022-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.