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Ramsteel Tubes Limited

02840856

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

6TH FLOOR, LONDON, EC2V 7NG
Incorporated 30/07/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24200
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel

Officers

Paul Robert Wilson

director · Since 30/07/1993

STEEL TRADER

BRITISH · Age 64

Also on 1 other board

Paul Roy Campbell

secretary · Since 06/05/1999

SOLICITOR

BRITISH · Age 74

Also on 5 other boards

Mr Simon John Knowles

director · Since 06/05/1999

STEEL TRADER

BRITISH · UNITED KINGDOM · Age 70

Also on 4 other boards

Godfrey George Watt

director · Since 06/05/1999

STEEL TRADER

BRITISH · Age 75

Also on 4 other boards

Persons with Significant Control

Tubetrade Plc

75–100% shares

6th Floor, 99 Gresham Street, London, EC2V 7NG

Reg: 02187492 · Companies House · Public Limited Company

Notified 06/04/2016

Charges8 outstanding

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outstanding

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CompanyRankvs 134+ SIC 24200 peers
49

Financial strength60th percentile among SIC peers · 15/25
Employees81th percentile among SIC peers · 12/15
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
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How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 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

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 31/03/2025

Net Worth

£12k

Balance sheet strength

Cash

£816k

Cash in the bank

Profit Before Tax

£30k

Bottom line earnings

Net Current Assets

£630k

Working capital

Current Assets

£6.5M

Current Liabilities

£5.9M

Fixed Assets

£21k

Debtors

£2.6M

Cost of Sales

£7.4M

Admin Expenses

£814k

Profit After Tax

£22k

6avg. employees

Tax at Year End

Corp tax£12k

People Costs

Wages & salaries£410k

Balance Sheet

Assets less current liabilities£651k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.11-£617k
20241.14+£18k
20231.09+£599k
20221.04

Derived from filed accounts. Not audited figures.