TENARIS GLOBAL SERVICES (UK) LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-09 (in 10mo)
Last made up 2026-02-23
Watchouts
None on the register
Cash
£520K
+28.2% vs 2023
Net assets
£191M
+16.1% vs 2023
Employees
105
+23.5% vs 2023
Profit before tax
£28M
+456.7% vs 2023
Name history
Renamed 1 time since incorporation
- TENARIS GLOBAL SERVICES (UK) LTD. 2003-05-27 → present
- DST EUROPE LIMITED 2001-02-23 → 2003-05-27
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £102,673,832 | £115,108,970 | |
| Operating profit | £3,820,608 | £5,824,314 | |
| Profit before tax | £5,095,626 | £28,366,197 | |
| Net profit | £3,958,488 | £26,653,076 | |
| Cash | £405,486 | £519,644 | |
| Total assets less current liabilities | £166,386,212 | £192,945,145 | |
| Net assets | £164,734,618 | £191,258,710 | |
| Equity | £164,734,618 | £191,258,710 | |
| Average employees | 85 | 105 | |
| Wages | £6,497,405 | £8,198,666 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 3.7% | 5.1% | |
| Net margin | 3.9% | 23.2% | |
| Return on capital employed | 2.3% | 3.0% | |
| Gearing (liabilities / total assets) | 19.2% | 19.4% | |
| Current ratio | 1.55x | 1.89x | |
| Interest cover | 11.56x | 18.84x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Affinia Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors have a reasonable expectation that, the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- TENARIS GLOBAL SERVICES (UK) LTD. · parent
- Tenaris Global Services (Kazakhstan) LLP 100%
- Kazakhstan Pipe Threaders LLLP 100%
- Tenaris Global Services France Sarl 100%
- Tenaris Global Services RUS LLC 98%
- Tenaris Global Services (Japan) K.K. 100%
- Tenaris Global Services (Korea) 100%
- Tenaris Global Services S.A.F. 98%
- Tenaris Global Services Australia Pty Ltd 100%
- Tenaris Global Services USA Corporation 100%
- Tenaris Global Services Ecuador S.A. 1%
- Tenaris Ecuador S.A. 99%
- Tenaris Global Services Ghana Ltd 100%
- Tenaris Global Services (Thailand) Ltd. 0.01%
- Tenaris Global Services Nigeria Ltd. 10.304%
- Tenaris Global Services (Canada) Inc. 100%
- Tenaris Global Services de Bolivia S.R.L. 1%
- Tubular Technical Services Ltd. 40.404%
- Tenaris Saudi Arabia Limited 99%
- Tenaris Guyana Inc. 100%
- Tenaris Etihad Tubulars - Sole Proprietorship LLC 100%
- Tubulars Finishing Nigeria Limited 40%
Significant events
- “In response to the start of the Russia-Ukraine war in February 2022, several jurisdictions, including the United Kingdom, imposed a wave of sanctions against certain Russian institutions, companies and citizens.”
- “Since the start of the Russian invasion of Ukraine, Tenaris group suspended any sales to Russian customers or purchases from Russian suppliers that would breach applicable sanctions, and interrupted any kind of operation in Russia leaving our Russian subsidiary, Tenaris Global Services RUS LLC, not operative.”
- “In 2024, the global economy continued its recovery from the effects of the COVID-19 pandemic, while the global geopolitical and economy dynamics got more complex with the stallation of the war between Russia and Ukraine and the escalation of the Middle East conflict between Israel and Hamas and the involvement of Iran.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| TMF CORPORATE ADMINISTRATION SERVICES LIMITED | Corporate Secretary | 2013-02-28 | — | — |
| ANDERSEN, Christer | Director | 2024-07-25 | Oct 1986 | Norwegian |
| BONATTI, Enrico Luca Maria | Director | 2015-04-07 | Jul 1958 | British |
| DARLING, Donna | Director | 2024-07-25 | Oct 1978 | Scottish |
| LANGRILL, Christopher | Director | 2020-04-09 | May 1971 | British |
| SIGNORELLI FILIPPINI, Ruggero | Director | 2015-04-07 | Oct 1975 | Italian |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PATTERSON, Robin Michael | Secretary | 2002-01-25 | 2006-01-01 |
| THE BRIARS GROUP LIMITED | Corporate Secretary | 2006-01-01 | 2008-01-11 |
| TMF NOMINEES LIMITED | Corporate Secretary | 2008-01-11 | 2013-02-28 |
| BLANCO, Agustin | Director | 2011-07-01 | 2015-08-20 |
| BOCCHINI, Umberto | Director | 2001-03-06 | 2005-09-28 |
| BONATTI, Enrico Luca Maria | Director | 2015-04-07 | 2015-08-20 |
| D'ANGELO, Alessandro | Director | 2022-06-29 | 2024-06-30 |
| DARDERES, Raul Hector | Director | 2001-03-06 | 2003-11-14 |
| DIAZ VELEZ, Andres | Director | 2005-09-28 | 2007-05-02 |
| FARACO, Martin | Director | 2011-07-01 | 2013-07-01 |
| GUGLIUZZA, Claudio | Director | 2003-11-14 | 2010-09-30 |
| IRICIBAR, Marcelo | Director | 2001-02-23 | 2003-11-14 |
| JARVIE, Alexander, Mr. | Director | 2010-09-30 | 2019-12-09 |
| LORENZIN, Renato | Director | 2001-03-06 | 2003-11-14 |
| MARSDEN, James Phillip | Director | 2007-05-02 | 2011-11-16 |
| OLMOS, Diego Eduardo | Director | 2017-11-28 | 2018-05-23 |
| OLMOS, Diego Eduardo | Director | 2013-07-01 | 2016-08-29 |
| OTTINO, Eduardo Alberto | Director | 2005-09-28 | 2007-05-02 |
| PATTERSON, Robin Michael | Director | 2002-01-25 | 2003-11-14 |
| PIROVANO, Andrea Carlo | Director | 2018-05-23 | 2022-06-29 |
| PULIDO, Cesar | Director | 2010-09-30 | 2011-07-01 |
| SMITH, Derek Alfred John | Director | 2003-11-14 | 2004-01-20 |
| SMITH, Graeme Rennie | Director | 2008-10-01 | 2010-09-30 |
| SPOSATO, Gabriel | Director | 2007-05-02 | 2011-07-01 |
| THOMSON, Gary | Director | 2015-04-07 | 2022-05-31 |
| TIVELLI, Marco Mario | Director | 2015-08-19 | 2017-02-24 |
| WHITEHOUSE, Kevin John | Director | 2005-09-28 | 2012-09-30 |
| WHITTAM, Christopher Maurice | Director | 2004-01-20 | 2008-10-01 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 173 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-11 | AD02 | address | Change sail address company with old address new address | |
| 2025-12-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-03 | CH01 | officers | Change person director company with change date | |
| 2025-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-19 | CH01 | officers | Change person director company with change date | |
| 2025-02-18 | CH01 | officers | Change person director company with change date | |
| 2024-10-25 | AA | accounts | Accounts with accounts type full | |
| 2024-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-30 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-04 | CH01 | officers | Change person director company with change date | |
| 2024-03-01 | CH01 | officers | Change person director company with change date | |
| 2024-03-01 | CH01 | officers | Change person director company with change date | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-07-27 | CH04 | officers | Change corporate secretary company with change date | |
| 2023-07-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-02-28 | CH01 | officers | Change person director company with change date | |
| 2023-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+12.1%
£102,673,832 £115,108,970
-
Cash
+28.2%
£405,486 £519,644
-
Net assets
+16.1%
£164,734,618 £191,258,710
-
Employees
+23.5%
85 105
-
Operating profit
+52.4%
£3,820,608 £5,824,314
-
Profit before tax
+456.7%
£5,095,626 £28,366,197
-
Wages
+26.2%
£6,497,405 £8,198,666
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers