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Salem Tube International Limited

02781763

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

Regents Drive Low Prudhoe Industrial Estate, Prudhoe, Northumberland, NE42 6PX
Incorporated 20/01/1993

Previously known as

Delvebasic Limited · until 04/03/1993

Compliance

Last accounts

30/09/2024

medium

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 08/01/2026

Due 22/01/2027

On track

Industry

32990
Other manufacturing

Officers

Mr Andrew David Ions

director · Since 06/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Mrs Laura Jane Gardner Ions

director · Since 06/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Andrew David Ions

director · Since 06/01/2025

British · United Kingdom · Age 37

Laura Jane Gardner Ions

director · Since 06/01/2025

British · United Kingdom · Age 40

Former

Peter John Coles

secretary · Resigned 31/07/2016

Howard Ions

director · Resigned 31/08/2024

Paul Callighan

director · Resigned 26/06/2026

Mr Paul Callighan

director · Resigned 26/06/2026

Persons with Significant Control

Mrs Laura Jane Gardner Ions

25–50% shares

British · United Kingdom · Age 40

17, Queens Lane, Newcastle Upon Tyne, NE1 1RN

Notified 05/12/2024

Mr Andrew David Ions

25–50% shares

British · United Kingdom · Age 37

17, Queens Lane, Newcastle Upon Tyne, NE1 1RN

Notified 05/12/2024

Former PSCs

Mr Howard Ions

Ceased 31/08/2024

Charges8 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 27/09/2024Registered 03/10/2024
Charge
outstanding

SANTANDER UK PLC

Created 27/09/2024Registered 27/09/2024
Charge
satisfied

HIGHMORE FINANCING CO. XIV, LP AS SECURED PARTY

Created 30/01/2024Registered 09/02/2024Satisfied 04/07/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 29/05/2015Registered 18/06/2015
charge
outstanding

BARCLAYS BANK PLC

Created 01/12/2009Registered 02/12/2009
charge
outstanding

BARCLAYS BANK PLC

Created 22/05/2009Registered 02/06/2009
charge
outstanding

BARCLAYS BANK PLC

Created 17/09/2003Registered 26/09/2003
charge
outstanding

BARCLAYS BANK PLC

Created 06/06/2003Registered 17/06/2003
charge
outstanding

BARCLAYS BANK PLC

Created 02/06/2003Registered 09/06/2003

Change History

statusactive
2026-06-27

Active

typeltd
2026-06-27

Private Limited Company

address line1Regents Drive Low Prudhoe Industrial Estate
2026-06-27

REGENTS DRIVE LOW PRUDHOE INDUSTRIAL ESTATE

post townNorthumberland
2026-06-27

NORTHUMBERLAND

CompanyRankvs 1671+ SIC 32990 peers
60

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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

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

performed, I 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. My responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2023

Turnover

£18.8M

Annual revenue

Net Worth

£4.6M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Profit Before Tax

£810k

Bottom line earnings

Net Current Assets

£966k

Working capital

Current Assets

£9.8M

Current Liabilities

£8.9M

Fixed Assets

£5.1M

Debtors

£5.6M

Cost of Sales

£14.4M

Gross Profit

£4.4M

Admin Expenses

£1.6M

Operating Profit

£1.1M

Profit After Tax

£639k

32avg. employees

Tax at Year End

Corp tax£117k
Dividends paid£238k

Director Loans

Directors owe company£587k

People Costs

Wages & salaries£1.2M
NI contributions£122k

Balance Sheet

Assets less current liabilities£6.0M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20231.11

Derived from filed accounts. Not audited figures.