How much does Tubetrade PLC make?

Tubetrade PLC reported revenue of £11.2m and £113k profit in the year to 31 Mar 2026, according to its accounts filed at Companies House.

How many employees does Tubetrade PLC have?

Tubetrade PLC reported an average of 13 employees in the year to 31 Mar 2026.

Is Tubetrade PLC profitable?

Yes — Tubetrade PLC reported a profit of £113k in the year to 31 Mar 2026.

Company No. 02187492 · Incorporated 3 Nov 1987

Tubetrade PLC

Registered name: TUBETRADE PLC

Part of South West Structurals Limited group

Tubetrade PLC made £11.2m revenue and £113k profit in the year to 31 Mar 2026. read from filing text

Tubetrade PLC’s revenue grew 1% to £11.2m in the year to 31 Mar 2026, with £113k profit and 13 employees. The company is classified under “other business support service activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82990Other business support service activities n.e.c.

Status: Active
Location: London, London
Age: 38 yrs · since 1987
Type: Public Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's parent company and both the largest and smallest group of undertakings for which group accounts are prepared is South West Structurals Limited, a company incorporated in England and Wale”

Latest accounts · year to 31 Mar 2026

Key figures

Capital-lightCash flow filed

Revenue

£11.2m

Growth ▲1.1%

Profit

£113k

Growth ▼34.4%

Profit margin

Gross 20.8%

Employees

Change ▲8.3%

Profit / employee

£8.7k

Revenue/employee £864k

Profitable streak

4yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2023	31 Mar 2024	31 Mar 2025	31 Mar 2026
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£14.2m	£12.5m	£11.1m	£11.2m
Cost of sales	£10.9m	£9.8m	£8.7m	£8.9m
Gross profit	£3.3m	£2.8m	£2.4m	£2.3m
Operating profit	£480k	£689k	£727k	£540k
Profit before tax	£178k	£148k	£240k	£149k
Profit after tax	£160k	£88.8k	£173k	£113k
Profit (best available)	£160k	£88.8k	£173k	£113k
Staff costs	£971k	£769k	£600k	£791k
Employees (average)	10	12	12	13
Ratios
Profit margin	1.1%	0.7%	1.6%	1%
Gross margin	23%	22%	21.3%	20.8%
Revenue per employee	£1.4m	£1m	£925k	£864k
Profit per employee	£16k	£7.4k	£14.4k	£8.7k
Cash conversion	−299.9%	−324.3%	−26.5%	−233.7%
Growth (year on year)
Revenue growth	—	▼11.8%	▼11.3%	▲1.1%
Profit growth	—	▼44.6%	▲94.3%	▼34.4%
Headcount growth	—	▲20%	0%	▲8.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£23.9k	£641k	£277k	£1.1m
Net assets	£1.4m	£1.5m	£1.7m	£1.8m
Fixed assets	£781k	£800k	£779k	£752k
Current assets	£10.7m	£9.1m	£8.4m	£8.6m
Debtors	£2.9m	£2.7m	£2.2m	£2.2m
Deferred income	£720k	£568k	£370k	£401k
Cash from operations	−£1.4m	−£2.2m	−£192k	−£1.3m
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 1%; Profit ÷ revenue.
Gross margin: 20.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £864k; Revenue ÷ average employees.
Profit per employee: £8.7k; Profit ÷ average employees.
Cash conversion: −233.7%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 3.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 19.5%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲7%; Now £1.8m
Cash at bank: ▲281%; Now £1.1m
Headcount: ▲8%; Now 13
Deferred income: ▲8%; Now £401k
Fixed assets: ▼3%; Now £752k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

South West Structurals Limitedultimate parent75–100%
Tubetrade PLCthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Ramsteel Tubes LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £113k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.