Ramsteel Tubes Limited

Ramsteel Tubes Ltd from London UK is a large company, holding company, and active status, founded 31 years ago. It employs six people and holds £4,728,551 in assets, operating from a virtual address. The company is managed by four directors and owned by one individual. It regularly imports iron or steel products (295 months imported) but exports irregularly (1 month exported).

The company’s website reveals Ramsteel was established in 1993 as an importer of steel tubes, matching the requirements of large users with worldwide manufacturers. They source tubes and supply them directly to customers, cutting out middlemen to speed up the process and keep prices competitive. They also have a warehouse in Burton upon Trent for scaffold products. Ramsteel is a subsidiary of Southwest Structural Ltd, alongside Kromat Trading Ltd and Tubetrade PLC, which provides gas and water pipe fittings. Clients praise Ramsteel for competitive pricing and reliable supply of scaffold products.

The company’s website lists a wide range of products including scaffold tubes, fittings, and ancillaries, as well as more specialized items like piling tubes and conveyor roller tubes. Contact information points to a location in Burton upon Trent, Staffordshire.

Financially, Ramsteel Tubes Ltd presents a mixed picture. Current assets have decreased by 28% to £4,700,000, while net assets have dropped 12% to £620,000. Bank borrowings have vanished, decreasing by 100%, and cash reserves have increased by 22% to £460,000. Creditors decreased by 31%, suggesting improved debt management. The company meets the criteria for a large company, with turnover over £36 million, balance sheet total over £18 million, and over 250 employees. No auditor is mentioned, likely due to the company’s size.

Overall, Ramsteel Tubes Ltd appears to be a stable, albeit somewhat lean, operation. The company's regular import activity and diverse product range suggest a healthy demand for its products, but the decrease in current assets warrants further monitoring.

Registered in England/Wales under the registration number 02840856, with a registered address at EC2M 5PS, London, Salisbury House, London Wall.

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