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Worcester Tubes Limited

02032797

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

NAVIGATION ROAD, WR5 3DF
Incorporated 01/07/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46120
Agents involved in the sale of fuels, ores, metals and industrial chemicals

Officers

Mr Michael John Outwin

director · Since 31/12/1990

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 5 other boards

Miss Sarah Patricia Outwin

director · Since 24/09/2001

PERSONNEL MANAGER

BRITISH · ENGLAND · Age 70

Also on 5 other boards

Miss Lorna Kate Young

secretary · Since 31/03/2017

Also on 4 other boards

Miss Lorna Kate Young

director · Since 31/03/2017

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 4 other boards

Persons with Significant Control

Mr Michael John Outwin

75–100% shares

British · England · Age 75

Bow Hills, Great Witley, Worcester, WR6 6HX

Notified 30/06/2016

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 21/10/2016Registered 01/11/2016
Charge
outstanding

SANTANDER UK PLC

Created 21/10/2016Registered 25/10/2016
Charge
satisfied

BARCLAYS BANK PLC

Created 01/05/2013Registered 03/05/2013Satisfied 03/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 22/05/1998Registered 04/06/1998Satisfied 03/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 22/05/1998Registered 04/06/1998Satisfied 03/11/2016

CompanyRankvs 269+ SIC 46120 peers
64

Financial strength90th percentile among SIC peers · 23/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£635k

Balance sheet strength

Cash

£496

Cash in the bank

Net Current Assets

£114k

Working capital

Current Assets

£328k

Current Liabilities

£214k

Fixed Assets

£556k

Debtors

£328k

0avg. employees

Balance Sheet

Assets less current liabilities£670k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.53+£3k
20241.43+£108k
20231.29
20221.34
20211.39
20201.43
20191.28

Derived from filed accounts. Not audited figures.