European Tubes Limited
02276395
Healthy
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 12/07/1991
BRITISH · ENGLAND · Age 62
Also on 5 other boards
director · Since 12/07/1991
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 5 other boards
director · Since 07/10/2010
FINANCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 1 other board
director · Since 16/12/2025
BRITISH · UNITED KINGDOM · Age 32
Also on 2 other boards
director · Since 16/12/2025
BRITISH · UNITED KINGDOM · Age 37
Also on 2 other boards
Persons with Significant Control
European Tubes Group Limited
Unit 9, Pagefield Industrial Estate, Miry Lane, Wigan, WN6 7LA
Notified 09/01/2017
Former PSCs
Mr. Kevin Charles Gratton
Ceased 09/01/2017
Charges3 outstanding
THE ROYAL BANK OF SCOTLAND PLC
EUROPEAN TUBES GROUP LIMITED
THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 58+ SIC 46720 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£1.8M
Balance sheet strength
Cash
£311k
Cash in the bank
Profit Before Tax
£1.4M
Bottom line earnings
Net Current Assets
£5.7M
Working capital
Current Assets
£7.5M
Current Liabilities
£1.8M
Fixed Assets
£122k
Debtors
£4.0M
Admin Expenses
£1.6M
Profit After Tax
£1.1M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.12 | +£201k |
| 2023 | 5.05 | +£254k |
| 2022 | 3.77 | +£240k |
| 2021 | 4.29 | +£253k |
| 2020 | 3.79 | +£204k |
| 2019 | 1.84 | +£81k |
| 2018 | 2.15 | — |
Derived from filed accounts. Not audited figures.