J & M Tubes Limited

J & M Tubes Limited, based in Wolverhampton, UK, is a small, active company established 23 years ago in 2001. With seven employees and £1,739,496 in assets, it operates from a real address at Unit 31 Central Industrial Estate. The company has three directors and two owners, and is a regular importer of iron or steel products (12 months), but an irregular exporter (2 months). It’s a manufacture of tubes, pipes, hollow profiles and related fittings, of steel industries.

The company’s website doesn't offer much insight into its operations beyond the basic business description. There's no obvious e-commerce presence; instead, it seems to function primarily as a supplier to other businesses.

Financially, J & M Tubes Limited presents a mixed picture. While net assets remained stable at £220,000, cash reserves significantly increased by 350%, reaching £420,000. However, bank borrowings decreased by 55%, dropping to £8,300. Creditors rose by 91%, reaching £1.5 million, and trade debtors increased by 34%, reaching £1.1 million. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be flexible, but the increase in creditors suggests a need to manage its payment obligations. No auditor is mentioned, which is likely due to its status as a small company. The increase from depreciation charge for property plant equipment remained consistent, at £76,000.

Registered in England/Wales under the registration number 04275005, with a registered address at WV2 2RL, Wolverhampton, West Midlands, Unit 31 Central Industrial, Estate, Cable Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.